What it is and How it Works

The FBI is reporting a new virus, Gameover, that is particularly nasty in its ability to cover its tracks, making it more difficult for your or financial institution to address the damage. This virus begins as a phishing scam posed as an email from either National Automated Clearing House Association (NACHA), the Federal Reserve Bank, or the Federal Deposit Insurance Corporation (FDIC). This email comes unsolicited and refers to a problem with your bank account. The email then provides you with a link to a website. Once you visit the site, it automatically downloads the virus to your computer.

This virus watches your online activity. When you visit the website of a financial institution, it captures your username and password and passes this information on to the criminals. The criminals access your account and after they have wiped you out, they immediately begin attacking both your location and your bank’s location with a Distributed Denial of Service (DDOS) attack. Continued…