Beware of SpyEye, Zeus: Trend Micro

Published: 27th June 2012 08:00 AM  |   Last Updated: 27th June 2012 08:00 AM   |  A+A-

Security solutions firm Trend Micro on Tuesday cautioned that hackers are targeting Indian financial institutions with new malware like SpyEye and Zeus to siphon off money from banks.

According to Trend Micro, the highest number of phishing attacks are being reported in cities such as Hyderabad, Nashik, New Delhi, Bangalore and Thanjavur.

The warning for Indian banks comes at a time when countries like Germany, Italy and UK have been under attack of cyber criminals.

“The new software allows the criminal to siphon off money while he sleeps. It could significantly increase the number of hacked accounts and the speed with which they are drained,” said Amit Nath, Country Manager (India and SAARC), Trend Micro. 

The Japanese security solutions firm said that the number of phishing attacks increased by over 187 per cent in May, 2012 alone compared to April. Intrestingly, all phishing attacks on Indian brands during the month of May have been targeted at the banking sector, with one in every four using an ‘.in’ domain.

“The new code has the potential to dramatically escalate the amount being stolen from accounts and a years-old arms race between the banks and criminal groups. This attack tool kit ushers in a new era of bank heists,” he added.

The company also said a victimized user sees requests for both an account number and password and an ATM card number. The information gathered from users will then be directed to the hacker, who later transfers money to an accomplice’s account. 


Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on are those of the comment writers alone. They do not represent the views or opinions of or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp