New Crimeware Infection Defeats Common Bank Security Measures

  • Comments: 5
  • Written on: January 9th, 2012

ZDNet.com is reporting today that a new variant of malware has been detected that infects your computer and steals your online banking credentials.  This new infection can even defeat the image verification schemes that banks have put in place to prevent such intrusions from happening.

From ZDNet.com:

The latest strain of the ID-theft malware, called Gameover, begins as a phishing scheme with spam e-mails — purportedly from the National Automated Clearing House Association (NACHA), the Federal Reserve Bank, or the Federal Deposit Insurance Corporation (FDIC) — that leads to malware infection and eventual access to the victim’s bank account.

The FBI said the phishing lures typically includes a link in the e-mail that goes to a phony website.  ”Once you’re there, you inadvertently download the Gameover malware, which promptly infects your computer and steals your banking information,” it warned.

The FBI said recent investigations have shown that some of the funds stolen from bank accounts go towards the purchase of precious stones and expensive watches from high-end jewelry stores.

Please make sure you are running Symantec’s Norton 360 software and you are using the Secure Updater to keep all of your third party applications up to date with the latest security patches.

  1. used tires said on January 12th, 2012 at 1:13 am

    Wow, that is quite worrying. I am upset everytime I read about such occurances. Seems like the hackers are always a step ahead of us.

    -Jean

  2. loans said on January 16th, 2012 at 5:58 am

    Yeah hackers are so smart now. We should double our lock.

  3. Personalized Letters said on January 16th, 2012 at 7:08 am

    It is really scary. Any way to protect yourself from this danger?

  4. used tires said on February 13th, 2012 at 5:05 pm

    Just today I read about Microsoft India’s official page being hacked and some user accounts compromised. Apparently, the passwords were not even stored in an encrypted format, which is surprising.

    -Jean

  5. Over 85 Life Insurance said on March 17th, 2012 at 11:13 pm

    All online banking should go for 2-facto authentication if possible. Using a single username and password for authenticate someone is no longer sufficient. Banks that are still staying with old technology are bound to be obsolete!

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