Thursday, October 13, 2011

Warning over dangerous new viruses that look 'identical' to online banking pages

Criminals are using sneaky new viruses that imitate internet banking pages to trick customers into leaking sensitive details, security experts warn.

A dangerous hacker scam busted in Spain is one of a nasty new breed of viruses set to invade the UK, software firm Trusteer says.

Britain's 25million internet banking users are at risk despite huge improvements in online security at big banks.

The roll-out of card readers at the likes of Lloyds, Barclays, and NatWest, one-time mobile phone passcodes at Santander, and a new 'Secure Key' by HSBC have helped drastically reduce online fraud in recent years.

Total cash stolen from bank accounts online fell by 32 per cent over the last twelve months, thanks to new technology.

But experts are now warning that these high-tech safeguards are being cracked by old-school con artists using new and supremely camouflaged viruses.

And, worryingly, a leading software tester has told This is Money that even internet banking users with top-level security software like McAfee, Norton or Trusteer's own Rapport download – used by 7million bank account holders – are at risk. Read More