New virus raids your bank account - but you won't notice
The best way to protect yourself from an online financial scam is to diligently check your bank accounts. At least, until now.
Israeli-based Security firm Trusteer has found an elaborate new computer virus that not only helps fraudsters steal money from bank accounts -- it also covers its trackssnip
A new version of the
widely prevalent SpyEye Trojan horse works much the same way, only
it swaps out banking Web pages rather than video, preventing account holders from noticing that their money is gone.
The Trojan horse employs a powerful
two-step process to commit the electronic crime. First, the virus
lies in wait until a customer with an infected computer visits an online banking site, steals their login credentials and tricks the victim into divulging additional personal information such as debit card information. Then, after the stolen card number is used for a fraudulent purchase,
the virus intercepts any further visits to the victim's banking site and scrubs transaction records clean of any fraud. That prevents -- or at least delays -- consumers from discovering fraud and reporting it to the bank, buying the fraudster critical extra time to complete the crime.
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http://redtape.msnbc.msn.com/_news/2012/01/06/9986119-new-virus-raids-your-bank-account-but-you-wont-notice