Monday, April 26, 2010

Money Mules: The Final Link in Getting Your Money to the Cyberthief Who Stole It

One of the ways a cybercriminal steals money from a business is to transfer the money in amounts less than $10,000 to the bank accounts of money mules. These money mules then withdraw the money, keep a percentage for themselves and send the rest to the cybercriminal via a money order or other non-bank method. Brian Krebs provides a fascinating glimpse into how money mules are recruited.

Read the story at KrebsOnSecurity.com ...