Tuesday, 21 July 2009

The Growing Threat to Business Banking Online

Source: Security Fix

Brian Krebs reports that phishing and money mule problems are escalating in the USA -- to about the level we experienced in Australia back in 2006 or earlier. There are some differences: phishing is now accomplished primarily by keystroke-monitoring rootkits rather than social engineering, and American businesses are discovering that their banks don't offer them much in the way of protection from this kind of fraud. Losses per incident are frequently six-figure sums.

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