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Online bank fraud targeting corporate accounts

Elinor Mills CNET News

Published: 04 Nov 2009 09:14 GMT

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Criminals have tried to steal an estimated $100m from corporate bank accounts using targeted malware and money mules, the FBI said on Tuesday.

"Within the last several months, the FBI has seen a significant increase in fraud involving the exploitation of valid online banking credentials belonging to small and medium businesses, municipal governments and school districts," the agency said in a statement.

The FBI is seeing, on average, several new victim complaints and cases every week, according to a report prepared by the Internet Crime Complaint Center and linked to in the FBI release.

For more on this story, see Corporate bank accounts targeted in online fraud on CNET News.

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