CLIENT ALERT – Dyre Wolf Bank Transfer Scam

We have been asked to
circulate this message on behalf of Action Fraud
(National Fraud Intelligence Bureau).

Dyre Wolf Bank
Transfer SCAM is a sophisticated fraud scheme that has netted more than $1
million from U.S companies. It is anticipated that British companies could
subsequently be targeted by this fraud type.

Spam emails with
attachments are sent to as many computers as possible within a targeted
company. If installed, the malware – a variant of the malware known as Dyre
Wolf spreads itself into the company network where it waits until it recognises
that a user is navigating to a bank website. A fake screen is then created
telling the user that there are problems with the bank’s site and to call a

At the end of the phone line is an English speaking operator, aware of the bank
that the user is attempting to contact. After obtaining the user’s account bank
details the operator commences a large wire transfer of money out of the
business account.

So far those targeted work in large and medium sized companies, and at
present the National
Fraud Intelligence Bureau have yet to notice any reports of this type of fraud
being reported through Action Fraud.


  1. Ensure employees are well
    trained in spotting phishing attacks where unsolicited emails and
    attachment could contain malware.
  2. Ensure all company employees
    are aware of this scam.
  3.  Do not give banking
    details to anyone.
  4.  Only use confirmed
    banking phone numbers or those that have been previously used.
  5.  Do not follow links from
    an unknown source.
  6. Do not open attachments on
    suspicious emails.
  7. Run regular virus scans on

Report FRAUD

If you believe that you have been a victim of fraud you can report it
online http://www.actionfraud.police.uk/report_fraud
or by telephone 0300 123 2040.