Report: US banks could face huge cyber attack in 2013

14 December 2012

A group of the biggest banks in the US could face a major cyber attack next year, internet security firm McAfee Labs has warned.

In a new report, the company said the threat is linked to a malware program known as Project Blitzkrieg, which hackers say has been in development since 2008.

A separate report, published in October by cyber security firm RSA, contained information about a potential attack based on conversations from an online chat room that it believes was run by a Russia-based hacker known as vorVzakone.

The fact that the plan was openly discussed by users led some experts to suggest it was part of a law enforcement trap.

However, McAfee said the threat is credible and now appears to be accelerating.

Pat Calhoun, a network security expert at McAfee, said its research has discovered 300 to 500 devices that are already infected with the malware.

"This is actually a real operation that this individual is planning to launch sometime before spring 2013," he told CNN.

By Gary Cooper

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