Monday, June 18, 2012

Bank theft software now improved and more sophisticated


Two of the most pervasive and dangerous types of software for stealing money from bank accounts have been improved and can now transfer money out automatically, without a hacker's supervision, researchers said.

Trend Micro Vice President Tom Kellerman told Reuters that his company's researchers had seen the new attacks on a dozen financial institutions in Germany. United Kingdom and Italy. That is troubling because European banks generally have greater technology defences than those in the United States, and Kellerman said it is 'inevitable' that the variants will cross the Atlantic.

Like other security companies, Trend Micro profits by selling software and services to institutions and consumers worried about online spying and account takeovers.


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