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New PC threat pulls money from your bank account

From CNet, another story to brighten your day. Trojan horse software is nothing new and generally have been of the password stealing variety. It appears that newer style Trojans have gotten smarter and will be clever enough to foil banks’ two-factor authentication. Instead of stealing your password and username and sending that to the thieves, these Trojans wait until you login and then transfer the money out. Obviously, the Trojan would have to be programmed with knowledge about your banks specific web site. That way it would know how to navigate through the menus to find the right place to do a transfer. And this would only work with banks that allow online transfers to other accounts.

 

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» Phishers dont want your password anymore from Becoming paranoid
The most used technique by cyber-thieves to steal money from bank accounts is phishing, trying to get your password for the bank and transferring funds from there to their own account. But public is getting more aware of this type of attack, s... [Read More]

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