Breaking News: McAfee Reveals Details of Global Financial Fraud Ring -Operation High Roller

This fraud empire, dubbed Operation High Roller, has reached banking systems worldwide, and is comprised of at least a dozen groups that use active and passive automated transfer systems to steal high value transactions from high balance accounts. The Operation High Roller attacks have impacted thousands of every class of financial institution: credit union, large global bank and regional bank, using smaller and less detectable automated transactions. Operation High Roller Report available for download here. 

AUSTRALIAN INFORMATION & INTERVIEW OPPORTUNITIES: For local information about Operation High Roller activity specific to Australia, we have McAfee Asia-Pacific CTO Michael Sentonas and McAfee Enterprise Solutions Architect Sean Duca available for interview or comment. Also available to comment on implications of this criminal activity is Alastair MacGibbon, Director, Centre for Internet Safety, University of Canberra. To enquire about these opportunities, please contact Spectrum on 02 9954 3299 or mcafee@spectrumcomms.com.au.

LOCAL QUOTES:

•  “We need to remember that criminals are agnostic when it comes to the colour of money. This latest series of coordinated, highly automated attacks moves quickly through multiple continents, scale easily and suggests collaboration across multiple criminal specialists. The size and resources of the bank does not seem to matter either: global banks, regional banks, credit unions have all been impacted and targeted.” – Michael Sentonas, Chief Technology Officer – Asia Pacific, McAfee

• “The fraudsters’ objective in these attacks is to siphon large amounts from high balance accounts, and this campaign indicates that cybercriminals are evolving and becoming increasingly scalable. The success of these attacks is reliant on several factors – and therefore there are several chokepoints: the end point needs to be compromised (phishing), bank monitoring systems need to be fooled, and crooks still need to extract money from mule accounts.” - Alastair MacGibbon, Director, Centre for Internet Safety, University of Canberra.

IMAGES: Spokesperson photos http://www.flickr.com/photos/spectrumpr/sets/72157630292982028/with/7445749304/
REPORT detailing the financial fraud ring operation, dubbed Operation High Roller: http://www.mcafee.com/us/resources/reports/rp-operation-high-roller.pdf
Operation High Roller INFO & UPDATES: To keep abreast of the latest blogs related to this, please go to blogs.mcafee.com 

Kind regards,
The Spectrum Team

Contacts: Richelle Gillett or Jessica Tubnor
Phone: 02 9954 3299
Email: mcafee@spectrumcomms.com.au