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Profit-motivated Cyber Criminals Aim Soft Targets like Bank Codes

Each year, unknown risk zones draw near, however, in 2008, there's a bunch of cyber criminals to cross. Though computer security items now prevent better than ever, profit making has united hackers, say security specialists.

At present, hackers are mostly after cash or data that guides one to it. Cyber criminals are utilizing additional malware, said IT research firm Gartner's analyst Avivah Litan. Avivah believes that firms are caught unprotected, as reported by CNN on December 28, 2007.

As per security experts, by some means, hackers obtain a list of staff and the projects on which they are working. Then they send data to these teams of workers, pretending to be a co-worker, asking them to visit and collect the project update that they've got. When the employees visit to the particular site, they get affected.

Carrying on such attacks is becoming simpler since cyber-terrorists are actually selling computer codes that automate a great deal of the procedure. The growth of expert hacking kits lies among the leading web security tendencies of 2007.

Security experts are also forecasting bank code-pilfering attacks which are more plausible and credible buried under the cloak of safe web banners on a reliable Internet site or e-mail from a pal on some social networking site.

Rather than openly soliciting bank account details in fraud messages or on particular sites, hackers are using embedded malware downloaded to peoples' PCs that spies their online actions and registers bank account details.

Since credit card details have also not been spared, security for credit card dealings have grown. Consequently, hackers have altered their strategies. Cyber criminals have diverted their attention towards debit cards and current account in place of credit cards, since the debit cards do not have few of the security measures used by credit cards, alleged Litan.

Thus, users can look forward to new securities and processes, as the fight against financial strikes equals an arms race since several banks and security firms offer free security software to clients now.

Others are beginning to experiment multifactor authentication techniques, like combining the utilization of one-time passwords created by a key-fob authentication token to the login procedure. These software can be created by smartcards and given through mobile phones or some other methods.

Related article: Private Sector’s Help Urged for Tracking Cyber-Criminals

» SPAMfighter News - 1/11/2008

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