Spyware Researchers Discover ID Theft Ring

Spyware Researchers Discover ID Theft Ring

Spyware researchers picking apart one of the more notorious spyware programs [CoolWebSearch] have stumbled upon what appears to be a massive identity theft ring hijacking confidential data from millions of infected computers.

"We found the keylogger transcript files that are being uploaded to the servers. We're talking real spyware stuff…chat sessions, usernames, passwords, bank account information, full names, addresses."

"We're seeing a lot of bank information and usernames and passwords to get in." [T]he log files included logins to one business bank account with more than $350,000 and another small company in California with over $11,000, readily accessible.

"There are lots of eBay account information and names and addresses of the people owning those accounts. Names, passwords, all matched up."