from:
http://www.aci.net/kalliste/
Click Here: <A HREF="http://www.aci.net/kalliste/">The Home Page of J. Orlin
Grabbe</A>
-----

Fifth Column


Robbing Internet Banks


"Trojans" open online accounts.

An investigation into online banks has revealed how vulnerable they are to
malicious hackers looking to steal the identity of customers.

Working with former hacker Gary Chapman, the BBC's Newsnight revealed the
methods that computer criminals could use to commit an internet bank robbery.

Mr Chapman planted a snooping program on the computer of presenter Sue Nelson
and used the information it gathered to assume her online identity.

The banks say they are already beefing up security to limit the risk to
consumers and make it harder for hackers to steal passwords and identities.

Newsnight presenter Sue Nelson set up online accounts at four banks—Barclays,
NatWest, Egg and Lloyds—to test their security.

She found that it was possible for a determined hacker to steal her password
and login details for three of the four accounts.

Password no protection

Former hacker Gary Chapman helped her show up the weaknesses in online
security by sending Ms Nelson an email message which contained a "trojan" or
hidden program.

Like the legendary wooden horse of Troy that concealed a dangerous payload,
the seemingly innocuous e-mail message contained a hidden malicious program.

Almost any type of computer program can be used as a trojan and many computer
viruses spread themselves in this way.

But for Newsnight Mr Chapman concealed a program that logs every key- press
made on a computer's keyboard and sends it to the malicious hacker.

When the legitimate bank account holder goes online and types in their
password the trojan sends the information to the hacker who can later pose as
the customer and steal all the money.

Key logging programs are available on the internet.

"Anyone with a GCSE in computer science could use these tools to hack into a
bank account," said Mr Chapman.


Called to account

Already malicious hackers are trying to use these techniques to collect
passwords and pillage accounts.

Earlier this month security experts warned of a variant of the Love Bug virus
which targeted those who have online accounts with Swiss Bank.

Thankfully the badly engineered program, known as VBS/LoveLetter.bd, seems to
have failed to harvest any login details and no accounts are believed to have
been rifled.

The hardest part for hackers is getting users to open the e-mail message
containing the trojan.
Outbreaks of computer viruses have made people wary of opening messages they
are not expecting and has led many to turn off the systems that let trojans
install themselves.

Peter Sommer, a expert on computer evidence and security at the LSE, said:
"If customers want to protect themselves they have to learn rather more about
computer security and that tends to become rather complicated."

In the wake of the revelations banks are keen to reassure customers that
their finances are in safe hands

A spokeswoman for Barclays said it was introducing new security measures
later this year which would make it harder for a trojan-type attack to
succeed.

"We have been a bank for a long time," she said, "There have always been
fraudsters and we are always working to be one step ahead of them."

BBC News, August 24, 2000
-----
Aloha, He'Ping,
Om, Shalom, Salaam.
Em Hotep, Peace Be,
All My Relations.
Omnia Bona Bonis,
Adieu, Adios, Aloha.
Amen.
Roads End

<A HREF="http://www.ctrl.org/">www.ctrl.org</A>
DECLARATION & DISCLAIMER
==========
CTRL is a discussion & informational exchange list. Proselytizing propagandic
screeds are unwelcomed. Substance—not soap-boxing—please!  These are
sordid matters and 'conspiracy theory'—with its many half-truths, mis-
directions and outright frauds—is used politically by different groups with
major and minor effects spread throughout the spectrum of time and thought.
That being said, CTRLgives no endorsement to the validity of posts, and
always suggests to readers; be wary of what you read. CTRL gives no
credence to Holocaust denial and nazi's need not apply.

Let us please be civil and as always, Caveat Lector.
========================================================================
Archives Available at:
http://peach.ease.lsoft.com/archives/ctrl.html
 <A HREF="http://peach.ease.lsoft.com/archives/ctrl.html">Archives of
[EMAIL PROTECTED]</A>

http:[EMAIL PROTECTED]/
 <A HREF="http:[EMAIL PROTECTED]/">ctrl</A>
========================================================================
To subscribe to Conspiracy Theory Research List[CTRL] send email:
SUBSCRIBE CTRL [to:] [EMAIL PROTECTED]

To UNsubscribe to Conspiracy Theory Research List[CTRL] send email:
SIGNOFF CTRL [to:] [EMAIL PROTECTED]

Om

Reply via email to