Corporate Payment Systems Targeted by Phishers – Fake NACHA ACH Emails

Corporate controllers, CFOs and finance staff must be extremely vigilant these days. Last week it was revealed by the FS-ISAC that emails are being sent by fraudsters to corporate finance employees. These emails pretend to come from the National Automated Clearing House (NACHA), the group responsible for setting the rules for the nation’s Automated Clearing House (ACH), the bank-to-bank payment system that is used for clearing checks and making payroll deposits.

These emails claim to be from NACHA, and say that a corporate ACH payment has been rejected. The email contains a link to a fake NACHA website that downloads the Zeus banking trojan onto the victim’s computer. Here is a link to NACHA’s warning page about this latest threat to the corporate banking system.


The next time the finance person logs in to their bank’s corporate banking website, the Zeus trojan goes to work, silently copying their username and password, and in some cases even stealing One Time Passwords and other authentication tokens values.

Zeus is continually evolving, and most anti-virus security suites do not detect the latest versions, sometimes for days or even weeks after they are released.

The hackers behind the Zeus trojan are estimated to have attempted ovr $85 Million in fraudulent payments from corporate bank accounts over the last several months. The FBI estimates that unrecovered losses amount to $40 Million so far.

One Response to “Corporate Payment Systems Targeted by Phishers – Fake NACHA ACH Emails”

  1. John Kessner Says:

    Virus.Mariofev.A Description

    Virus.Mariofev.A is a self-replicating computer worm that propagates by copying itself to removable network drives, infecting other computers when these drives are connected and executed. Virus.Mariofev.A typically terminates various security programs, such as anti-virus applications, to reduce the security settings.

    Type: Worms

    Well, do I have to say anything else , I have just recently seen this nasty worm reappear . It pay’s to check or make sure your A.V. product are current and running up to par . And I do stress this worm prays on everyone.

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