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New PC threat pulls money from your bank account
Posted on Mar 2, 2006 by Tom Fragala
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.
Filed under: Identity Theft
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