Saturday, Nov 28th

Last update08:06:22 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...

Supreme Court justice blocks Native Hawaiian vote count

Keli AkinaA U.S. Supreme Court justice on Friday issued a temporary stay blocking the counting of votes...

Israeli spy Pollard released from US prison

Pollard releasedIsraeli spy Jonathan Pollard, having served a 30-year jail sentence in the United States, was released...

Refugees Sew Mouths Shut In Protest At European Border Crossing

Iranian refugees sew lips together to protest border closingA group of refugees stuck at the border between Greece and Macedonia for the past four...

Glenn Greenwald: It's 'Irrational' To Blame Paris Terrorism On Snowden

GreenwaldGlenn Greenwald called claims that Edward Snowden was to blame for last week's attacks in Paris...
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!