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Cybersecurity

Threatened Cyber Attack on Banks ‘Credible,’ McAfee Says

A cyber fraud campaign targeting U.S. brokerages and banks is a “credible threat,” and at least 500 accounts are vulnerable after early attacks planted software that could help thieves steal money, according to a report released today.

Plans announced by a cybercriminal known as vorVzakone to attack 30 U.S. banks by next spring, in a campaign dubbed Project Blitzkrieg, appear to be authentic, according to the report from Intel Corp.’s McAfee unit, which sells security software.