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Hackers Net 30M Euros In Online Heist

Cyber criminals have stolen €36m from users across Europe using malware that can be installed on a PC and mobile phone, and work in harmony across both devices. According to the Financial Times, the Eurograbber malware is thought to be the first of its kind in that it infected a desktop PC and a mobile device. It also took advantage of two-factor authentication used by online banking systems. Around 30,000 people are thought to have been caught out by the malware across Germany, Italy, Spain and the Netherlands.

Read the whole story at Computer Business Review »

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