Double-Protected Bank Clients Tricked by $78M Crimeware Scam

News · 06-26-12, 06:00 PM

It used to be that a password was enough to keep your online bank account relatively safe. Then you needed a second factor -- a text message or a one-time PIN, say -- to be sure thieves weren't breaking into your account. Now, even this so-called "two-factor" authentication has been broken, thanks to new crimeware variants that crooks are using to try to steal more than $78 million.

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06-26-12, 06:00 PM	#1
News Registered User Join Date: Jun 2009 Posts: 34,650	Double-Protected Bank Clients Tricked by $78M Crimeware Scam It used to be that a password was enough to keep your online bank account relatively safe. Then you needed a second factor -- a text message or a one-time PIN, say -- to be sure thieves weren't breaking into your account. Now, even this so-called "two-factor" authentication has been broken, thanks to new crimeware variants that crooks are using to try to steal more than $78 million. More...