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Financial Malware That Can Clean Out Your Bank Account

Financial Banking Malware that can Clean Out Your Bank Account by Dovell Bonnet, Access-Smart.comRecently I have been reading about warnings of some nasty new online banking malware. Many of us do bank online and we trust our banks to be on top of security and safety issues. And to stay in business, this is something that they must do and they do it well. However, cyber criminals seem to be successfully keeping pace with online security developments and seem to be quite adept at stealing other peoples money.

The links below are very informative and VERY eye-opening about the dangers of online banking. I am not saying not to bank online, but I do advise that you become, and remain wary about any suspicious activity that you observe in your account. Stop what you are doing and immediately call your bank if you have any concerns at all!

Banking Trojan Steals Money From Under Your Nose
Researchers at security firm Finjan have discovered details of a new type of banking Trojan horse that doesn’t just steal your bank log-in credentials but actually steals money from your account while you are logged in and displays a fake balance.

German Authorities Warn of Nasty New Online Banking Malware
Consumers are advised to be very wary of any unusual activity when they log into their online banking accounts. Any strange activity should be met with suspicion and the best idea is to contact the bank directly and ask about anything that does not seem normal about an online banking session.

Trojan Tricks Victims Into Transferring Funds
The German Federal Criminal Police (the “Bundeskriminalamt” or BKA for short) recently warned consumers about a new Windows malware strain that waits until the victim logs in to his bank account. The malware then presents the customer with a message stating that a credit has been made to his account by mistake, and that the account has been frozen until the errant payment is transferred back.

Trusteer Discovers New Worm-Based Financial Malware
Trusteer, the leading provider of secure web access services, today warned that it has discovered the 18 month old file infecting worm Win32. Ramnit has morphed into financial malware and is actively attacking banks to commit online fraud. Ramnit configurations captured and reverse engineered by Trusteer were found to incorporate tactics from the Zeus financial malware platform. Ramnit has borrowed from Zeus the ability to inject HTML code into a web browser, which it is using to bypass two-factor authentication and transaction signing systems used by financial institutions to protect online banking sessions.