14 DAY TRIAL // On Monday, officers from the UK Metropolitan Police’s Central eCrime Unit (PCeU) and the Serious Organised Crime Agency (SOCA) arrested a 36-year-old man suspected of being connected to the distribution of the banking Trojan dubbed Tilon.
Finextra reports that the individual is accused of drug offenses and conspiracy to defraud.
The man, who hasn’t been named, is being detained at a police station in south London. The police’s digital forensic investigators have seized the suspect’s computers and all digital media devices.
Trusteer, the security firm investigating Tilon, first revealed its existence in August 2012. Experts have explained that Tilon is actually a new variant of Silon, a banking Trojan first discovered in 2009.
Tilon relies on man-in-the-browser attacks to take control of the traffic between the victim and the bank website in an effort to harvest information that can be used by cybercriminals to perform fraudulent transactions.