TweakTown
Tech content trusted by users in North America and around the world
6,077 Reviews & Articles | 39,026 News Posts
TRENDING NOW: GTA V will offer first-person mode on foot, and in vehicles on PC

New bank malware kicks in to steal banking login data only

New forms of malware, which start by social engineering, only steal bank credentials - and the problem is extremely problematic to users

| Hacking & Security News | Posted: Jul 4, 2014 12:20 am

Banks and financial institutions must work through a new generation of malware designed to lurk on Web browsers and only collects data when users access a banking website. Similar to other methods, it all starts with clever social engineering used to compromise victims, which leads to the malware being secretly installed.

 

TweakTown image news/3/8/38855_01_new_bank_malware_kicks_in_to_steal_banking_login_data_only.jpg

 

The new tactic has led to at least 400 cases, with banking users often unaware of many threats that face them. At the very least, security experts recommend customers never click links in emails that look like something from their bank - but even if users go directly to the bank website, that's when the malware causes mayhem.

 

"It's going to have graphics and terminology that would make you believe, hey, that sounds pretty legitimate," said JD Sherry, Trend Micro VP of technology and solutions, in a statement. "Once you click on that, you don't have intelligence to basically say that's a bad link. The device is going to download that particular malware."

NEWS SOURCESMarketwatch.com, Welivesecurity.com

Related Tags

Further Reading: Read and find more Hacking & Security news at our Hacking & Security news index page.

Do you get our news RSS feed? Get It!

Got an opinion on this news? Post a comment below!

Latest Tech News Posts

View More News Posts

Forum Activity

View More Forum Posts

Press Releases

View More Press Releases