A new version of the Zeus trojan—a longtime favorite of criminals conducting online financial fraud—has been used in attacks on over 30,000 electronic banking customers in Europe, infecting both their personal computers and smartphones. The sophisticated attack is designed to circumvent banks’ use of two-factor authentication for transactions by intercepting messages sent by the bank to victims’ mobile phones.

the rest at: Sophisticated botnet steals more than $47M by infecting PCs and phones | Ars Technica.