Now, a malware that can steal your bank account

Doing online banking frequently? Beware, as cyber-criminals have launched a new 
malware that not just steals your money from your bank, but also offers false 
reassurance that it's still there, experts have warned. 


The attack, a new version of trojan horse SpyEye software that targets 
computers using Windows, has been detected in the US and the UK. 


According to Trusteer, a security company which detected the attack, the 
software, which steals your bank passwords to give access to your account, 
waits for you to enter the same banking details before "adjusting" what you 
see. 


The idea is to gives criminals more time to use debit card details on 
fraudulent transactions without the person realising it's happening, the Daily 
Mail reported. 


The malware is designed in a way that when one visits his or her online bank, 
there will be no trace of the transactions that cyber-criminals are using to 
empty the bank account. 


Worse, the balance will also be adjusted on screen so it looks as if nothing is 
happening, Trusteer claimed. 


"The next time the victim visits their online banking site, the malware hides 
the fraudulent transactions, as well as artificially changing the total 
balance," it said. 


"As a result, the deceived customer has no idea that their account has been 
'taken over', nor that any fraudulent transactions have taken place." 


"SpyEye is a tweak of the Zeus crimeware kit that grabs web form data within 
browsers," says the Naked Security blog at web security experts Sophos. 


"The new Trojan, instead of intercepting or diverting email messages, hides 
bogus transactions even after users have logged out and then logged back into 
their accounts. 


With hi-tech cyber attacks such as SpyEye, there are few visible signs that 
anything is wrong. There are defences, though -- ensure your browser is up to 
date, manually updating it if necessary, experts said. 


Thus, it is important that users should ensure that the "anti-phishing option 
is switched on" in their web browser that which will check for "blacklisted" 
websites and prevent the browser from being directed to the "fake" version that 
delivers your bank statement, they added.

http://www.indianexpress.com/news/now-a-malware-that-can-steal-your-bank-account/897278/0

Vikas Kapoor,
MSN Id: [email protected], Yahoo&Skype Id: dl_vikas,
Mobile: (+91) 9891098137.

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