FDIC Warns Banks to Watch for ‘Money Mules’ Duped by Hackers

Bank customers are increasingly being duped into acting as “money mules” for hackers, unwittingly laundering cash stolen from business bank accounts, the Federal Deposit Insurance Corporation warned the nation’s financial institutions on Thursday.

Using specialized Trojan horse malware, cybercrooks have been intercepting web-banking credentials from the computers of small and midsize businesses, and then initiating wire transfers to mules around the country. The mules areSource: Threat Level RSS Feed