Wednesday, November 18, 2009

UK Police Reveal Arrests Over Zeus Banking Malware

What's happening: British police said Wednesday they've made the first arrests in Europe of two people for using Zeus, a malicious software program often used in sophisticated online bank fraud. When installed on a PC, Zeus can send spam, steal financial or other data or conduct a distributed denial-of-service attack against other computers. Machines infected with Zeus are essentially a botnet.

What it means: While it's good to get these two cybercriminals off the street, the total effect is like taking a glass of water out of the ocean.

What to do: Celebrate that these two are in jail. Then go back to protecting sensitive business and family information.The battle is far from over.

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Two held in global PC fraud probe