It seems that these days you are constantly being told about new programs that infect your computers with malware viruses that can potentially damage our PC’s and wipe clean your documents folder and erase important information. There is however a more sinister side to some of these programs that not only destroy important information but also have the potential to relieve you of your hard earned cash from your bank account as well.
Malware is a commonly used term for anything that harms your computer and covers things like viruses, Trojan horses, bot’s and worms but any of these can infect your computer and some are designed specifically to target your personal information. Before you know it, your bank account is empty, you have numerous personal loans and credit cards and although your money is protected by the banks, recovery, and not just data recovery, become tedious and time consuming. There are numerous companies out there that can retrieve lost files and documents but by far the best way to protect your information I to have up to date protection and keep your filed backed up regularly.
So what are some of the most famous attacks that have taken place in recent years and how did cybercriminals pull them off? One of the most famous (or infamous )attacks took place in 2009 in the United States where it is believed that up to three and half million users were attacked. Known colloquially as Zeus or Z Bot, it uses an easily available Trojan program to steal data and even infected Bank of America and NASA.
Another malware that basically tries to steal your information is SpyEye which has the capability of stealing the information that is required for you to log in to your bank account online. Another that tries to steal logging on information is ICE IX and is an upgraded version of the Zeus virus but much more sophisticated. Citadel works on the same principle and the latest version that was first spotted at the beginning of 2016 is its successor Atmos. It works by conning unsuspected individuals into handing over their security details. Remember, your bank will not ask you to disclose your personal details over the internet.
Basically, what you need to do to protect your financial information is be ever vigilant and keep your information a secret and don’t be fooled by cybercriminal intent on stealing your money.