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Eurograbber was launched against banking customers, using a sophisticated combination of malware directed at computers and mobile devices. For more information click here: The malware, in conjunction with the attackers' command and control server, first infected the victims' computers, and then, infected their mobile devices in order to intercept SMS messages to bypass the banks' two-factor authentication process. With the stolen information and the transaction authentication number (TAN), the attackers then performed automatic transfers of funds, ranging between €500 and €250,000, from the victims' accounts to mule accounts across Europe.