I agree with Chintan.

Posting links related to major attacks are OK but turning out mailing list
into 'News Board' is not a good idea.....  ;)


On Thu, Jan 7, 2010 at 12:29 PM, chintan dave <[email protected]> wrote:

> I think news like this one are better for tweeting instead.
> Just a thought !
>
> On Thu, Jan 7, 2010 at 11:56 AM, SUMAN SOURAV <
> [email protected]> wrote:
>
>>     *ADVISE : SME Must Do Online Banking from Dedicated Computers*
>>
>> *US** FBI and the American Bankers Association recommend using dedicated
>> computers for online banking *
>>
>> By Lucian Constantin, Web News Editor
>>
>> 4 January 2010
>>
>>
>> http://news.softpedia.com/news/Small-Businesses-Should-Conduct-Online-Banking-from-Dedicated-Computers-131086.shtml
>>
>> Following a flurry of incidents where hundreds of thousands of dollars
>> have been siphoned from the bank accounts of small businesses and public
>> institutions, the Federal Bureau of Investigation (FBI) and the American
>> Bankers Association (ABA) advise using dedicated computers for online
>> banking operations. This unusual security model should severely limit the
>> exposure to malware threats for the PCs in question.
>>
>> The level of Automated Clearing House (ACH) transfers fraud rose
>> significantly during last year prompting serious concerns from the
>> authorities. These fraudulent schemes are complex and usually leave little
>> evidence behind to help investigators or the victims looking to recover
>> their losses.
>>
>> Such attacks usually start with a computer trojan infecting a computer
>> used for online banking at an institution. Thousands of different versions
>> of these trojans are released every month in order to bypass the detection
>> mechanisms of antivirus software.
>>
>> Once on the computer, the malware watches for browsing sessions to known
>> online banking websites and information such as authentication credentials
>> or account balance is captured. Subsequently, the attackers direct the
>> trojan to initiate batches of fraudulent transfers to bank accounts
>> belonging to various U.S. residents that have been tricked to work for them.
>>
>> The latter are known as "money mules" and are usually recruited by fake
>> foreign companies under the promise of a profitable work-from-home job.
>> Their task is to receive money allegedly coming from customers of the
>> company and wire them out of the country, while keeping a commission for
>> themselves.
>>
>> Unfortunately for companies, they are not protected by the same laws as
>> general consumers. While banks will reimburse the losses caused by fraud
>> when personal accounts are involved, they are not required to do so for
>> business accounts. They can recall transfers as long as the money has not
>> been withdrawn and wired, but if the later happens, it is almost certainly
>> lost.
>>
>> USA Today reports that the feds' recommendation regarding the use of a
>> dedicated PC for online tasks is based on reducing possible infection
>> vectors, since apparently browsing to unrelated websites or checking email
>> from it should be banned. The companies are also advised to request
>> receiving out of bank payment confirmation.
>>
>> We'll go even further and suggest that the dedicated computer use Linux,
>> FreeBSD, or even Mac OS X, if that suits you better. We're not trying to
>> start a controversy over which operating system is better or more secure. In
>> fact, this has nothing to do with the security of the operating system
>> itself, but the fact that 99.9% of these trojans were constructed for
>> Windows and will fail to run on anything else.
>>
>> The easiest approach is downloading a Linux live CD, booting from it,
>> performing the online banking tasks, then removing it and restarting back
>> into Windows. Need to open an excel spreadsheet, browse, check email or
>> access a network storage? The Ubuntu Linux live CD will allow you to run
>> Firefox, OpenOffice and perform most of the basic tasks without installing
>> anything on the local disk.
>>
>>
>>
>>
>>
>> Regards
>>
>> Suman
>>
>>
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>> Grazie per la collaborazione.
>>
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>
>
> --
> Regards,
> Chintan Dave,
>
> LinkedIn Profile: http://www.linkedin.com/in/chintandave
> Blog:http://www.chintandave.com
>
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-- 
Thanks & Regards,
Nilesh Kumar,
Engineer-Security| Honeywell Technology Solutions
http://www.honeywell.com/
www.nileshkumar83.blogspot.com
www.linkedin.com/in/nileshkumar83
Mobile- +91-9019076487
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