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joey <3

BBC News - Hackers outwit online banking identity security systems - 3 views

  • The threat does not strike until the user visits particular websites
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    Criminal hackers have found a way round the latest generation of online banking security devices given out by banks, the BBC has learned.
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    The main social and ethical issues here are mainly security and reliability, it is interesting how the hackers use malware software to obtain the users information. What is more concerning is the fact that it is difficult for the account owner to actually realise any suspicious activity due to the fact the hackers are able to alter the banks database details in order to display a normal online statement. In most cases a up to date anti-virus is recommended however, according to the bbc click investigation most of the security softwares did not pick up the malware software.
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    I agree with Jorge. There are various ways in which hackers can obtain personal information by the internet. One way by which hackers can do this is by phishing. In this article, account holders are being tricked by the offer of training in a new "upgraded security system", meaning that account holders click on the link and their money is moved out of their account without them even noticing! This is a big problem, and as this article says "Online banking fraud losses totalled £16.9 million in the first six months of 2011, according to Financial Fraud Action UK" therefore in only 6 months, millions of pounds were gone! Phishing is increasing more and more, some day we can't even click a link because we're scared it could be something similar!
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    Here is a website which is explaining how China is trying to combat hi-tech spyware! http://www.bbc.co.uk/news/technology-16357238
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