Warning over online banking fraud attacks

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Warning over online banking fraud attacks

11:14 Wednesday 11 May 2016

Almost half of computer ‘infections’ are caused by banking malware, a study has found.

Banking malware is a kind of software used by cyber criminals to target online bank accounts and allows them to obtain personal and financial details, and 41 per cent of computers infected by viruses are subject to this type of threat.

Computers or mobile devices may become infected if their antivirus or system software is not up-to-date. Once a virus has infected the device, a cyber criminal can remotely take control of the internal functions of the device and steal personal data and access online bank accounts, as well as encrypting files and distributing malware to other computers…

 

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