Saturday, January 7, 2012

SpyEye virus doesn't just steal your money - it creates fake online bank statements so you even don't know it's gone

A new version of the SpyEye 'trojan horse' software not only steals your money, it then offers false reassurance that it's still there.

When you visit your online bank, there will be no trace of the transactions that cyber-criminals are using to empty your bank account.

Worse, your balance will also be adjusted on screen so it looks as if nothing is happening.

The attack - on Windows PCs - has already been detected in the U.S. and the UK.

The software - which steals your bank passwords to give access to your account - waits for you to enter the same banking details before 'adjusting' what you see.

The idea is that it gives thieves more time to use your debit card details on fraudulent transactions without you realising it's happening.

The first you'll learn of the attack is your bank refusing you money, or a paper statement showing you that cyber criminals have been draining money out of your account.

The new version of SpyEye has targeted banks in the U.S. and the UK. Read More