Sunday, Oct 04th

Last update06:07:08 AM GMT

You are here News Of Special Interest Be warned: your computer may be stealing your money

Be warned: your computer may be stealing your money

E-mail Print PDF

MalwareAlmost a third of all fraudulent banking transactions now originate from the customer's own computer, as cyber criminals use increasingly sophisticated malware to hijack accounts, online security specialists warned yesterday.

To combat the ever-present threat of online crime, financial institutions across Europe have developed multiple security mechanisms such as encrypted card readers and complex security questions when customers log on to their accounts.

But experts are warning that the latest software used by criminals to steal money from people's accounts is becoming so clever that it fools the bank into thinking that they are making a legitimate online transaction.

Cyber-security experts have described the latest remote administration tools used to hijack people's computers – often referred to by hackers as "rats" – as "blood chilling" in their complexity and efficiency. Analysts yesterday illustrated how the latest malware could infect an unwitting person's computer and quickly persuade the user to send over vital security data such as log-on details and passwords.


Most Recent Related Stories...

Missouri governor commutes sentence for condemned man

Missouri governmor commutes death senteceMissouri Gov. Jay Nixon on Friday spared the life of a death row inmate four days...

Snowden draws crowd with Twitter debut

Snowden on twitterEdward Snowden has come in from the cold - on Twitter.Snowden, a former National Security Agency...

NHTSA: Fiat-Chrysler under reported deaths and injuries in automobiles

Fiat-ChryslerFiat Chrysler Automobiles (FCA)  faces allegations from safety regulators at The National Highway Traffic Safety Administration...

VW staff, supplier warned of emissions test cheating years ago: reports

VW staff warned of test cheatingVolkswagen's own staff and one of its suppliers warned years ago about software designed to thwart...
America's # 1 Enemy
Tee Shirt
& Help Support!
TVNL Tee Shirt
Conserve our Planet
& Help Support!
Get your 9/11 & Media
Deception Dollars
& Help Support!
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!