Monday, June 29, 2009

Online Banking at High Risk - Kapersky

Online banking at high risk from attack that knows your bank

by Daniel Long on Jun 29, 2009

There is a risk of banking websites falling prey to a new form of malicious keyboard logger, but there is a way to reduce your risk.

(Yeah, Swipe, Don't Type.  Pretty much eliminates keylogging doesn't it?  In fact it's key to logging-in securely)

Away from the physical world of ATM skimming practices, it's the online domain where criminals are continuing to refine the way they steal your personal banking data.

According to a current banking threat detailed by one of Kaspersky's leading chief security experts, banking websites are at significant risk of being attacked by ingenious malware scripts that can remember passwords entered by customers, using a clever screenshot tactic which reports details of the victim's passwords back to the attacker.

Special types of malware are being developed just for breaking the passwords found on different internet banking sites.

"Most of the banking fraud happening at the moment online is with Trojan horses. There's quite a lot of it that will hijack your online banking connection with different types of banks", says Costin Raiu, who forms part of the Global research and analytics team at Kaspersky Lab.

Continue Reading at PC Authority



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