Slashdot is powered by your submissions, so send in your scoop

 



Forgot your password?
typodupeerror

Slashdot videos: Now with more Slashdot!

  • View

  • Discuss

  • Share

We've improved Slashdot's video section; now you can view our video interviews, product close-ups and site visits with all the usual Slashdot options to comment, share, etc. No more walled garden! It's a work in progress -- we hope you'll check it out (Learn more about the recent updates).

×

+ - Online-Banking Trojan Stole Money From Belgians->

Submitted by hankwang
hankwang (413283) writes "The Belgian authorities uncovered an international network of online banking fraud, which has been going on since 2007. (Story in Dutch and Google translation). The fraud targeted customers of several major banks, which used supposedly secure two-factor systems that required the customer to generate authorization codes from transaction information (random code and amount or recipient's account number) that is manually keyed into a cryptographic device (Flash demo from one of the banks, Manufacturer's website). Trojan horses that were planted onto the victim's computer would generate a fake error message and requested to re-enter authorization codes. This way, amounts up to €4,000 were transferred to foreign bank accounts.

The worrying part is that many cases were never reported to the police, with the bank preferring to refund the money to the victim rather than risking their reputation. The extent of this type of fraud is unclear."

Link to Original Source
This discussion was created for logged-in users only, but now has been archived. No new comments can be posted.

Online-Banking Trojan Stole Money From Belgians

Comments Filter:

Have you ever noticed that the people who are always trying to tell you `there's a time for work and a time for play' never find the time for play?

Working...