Hacked Chinese Bank Server Phishes for US Banks

1sockchuck writes "A Chinese bank's servers are being used in phishing attacks against U.S. institutions, apparently the first time one bank's infrastructure has been used in attacks on other banks. A hacked server from China Construction Bank Shanghai Branch is hosting pages spoofing Chase and eBay. The scam is one of numerous sites using a social engineering hook promising a $20 reward for recipients who complete a survey about the bank's online services. It then asks for your account login and password - so it can deposit the $20 in the correct account, of course. Plus your Social Security number, mother's maiden name etc."

So that's why

[n9uxu8]

I have been hit with that Chase $20 email about 40 times this weekend. I have to wonder how stupid they think we really are....quite a bit apparently....

Dave

Seems odd

[MrNougat]

I find it odd, though not surprising really, that the Chinese gov't would have The Great Firewall of China in place, and have bank servers vulnerable to attack.

And, the way TFA reads, the bank server (owned by the Chinese government) is currently hosting phishing pages. Can anyone confirm whether the affected server has been taken offline, or are they just letting it go on phishing?

Another reason

[$ASANY]

...to netblock APNIC space at your firewall. I'm not happy I need to do it, and I wish it wasn't necessary. This continuing saga is only going to accelerate the growing trend to have the great wall not being an internal firewall, but an external one built over time by individual admins tired of these problems.

I have to wonder whether there is a deliberate strategy by the chinese government to encourage the world to cut off access to western sites. Allow every kind of malware, be entirely unresponsive to abuse requests, and wait for the west to defensively wall China off so the chinese government won't have to do it themselves. Pretty stupid strategy long-term, though, so I can't believe it's deliberate.

Bank network security

[RingDev]

I worked for a non-consumer bank as a consultant a few years back, and I was rather concerned with what I saw there.

The IS Coordination was rabidly anti-Microsoft. The network was mostly windows 98/NT machines on Banyon Vines 3.0 (this was in 2001, right about the time Novel released Banyon 6 I believe) with a handful of Unix based servers.

To prevent possible security breaches, none of the machines had access to the internet except for a few special machines. Those machiens where not suppose to have access to the internet and the intranet at the same time. What actually happened was that those employees with "one or the other" access figured out they could just leave both cables plugged in and no one would know.

Towards the end of my contract, relations where breaking down. The IS Coordination was accusing me of purposely introducing bugs to inflate my hours, and I was accusing her of blatant incompetence. The bug that she had been accusing me of creating happened only on the normal staff's PC. My laptop, and her brand new PC worked fine. Turns out that not only were they using an out dated version of Vines (v3 -> v6) they had also not patched it on any of the worker machines (They were on v3.0, and at that time v3 was patched to v3.3). Her machine and my laptop had been fully patched. The problem wound up being one of the dated libraries included in Vines 3.0.

Unregulated internet access + outdated and compromised network system + a high volume of multi-million dollar transactions = receipt for disaster.

-Rick

Re:So wrong!

[LurkerXXX]

if you have net access, you are in the top 1/3 or so of the US intelligencia.

Really? That's suprising seeing that nearly 75% of U.S. households have internet access [websiteoptimization.com]. (And that was back in 2004)

Went to college? More like the top 10%

So, going to college puts you in the top 10% eh? From 1990 to 2002, the number of high-school graduates entering college went from 60% to 64%. The percentage of Americans [usatoday.com] ages 25 to 29 with a bachelor's degree rose from 23% to 29%. Top 10% just by going to college? I don't think so.

I expect you must be one who has fallen for the scams the way you pull numbers out of your ass to describe the American public.