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BEWARE! You are spied while banking on internet !

03.27.2012 · Posted in Software Articles

Technology has advanced to such an extent that we now trust our computers in money matters. Coincidently, more than we may trust humans!rnrnIt is observed that major internet savvy users have stopped going to bank. Right from filling the forms and online applications to transferring the cash and all the other banking formalities we have started using internet. Let me not talk about the pros of the same. We all are aware of them. However, the overshadowed cons due to favourable pros of this facility need to be brought under notice.rnrnOne of the biggest security concerns when using internet-banking facility is Keyloggers. In simple words, these especially creative people tracking the keys struck on a keyboard from remote, while someone is banking on internet. We might have heard people saying that they have lost money from their account or there are some unknown transactions showing on their bank accounts using their internet banking accounts. This means that their account is being hacked!rnrnNow, a question might arise that how is this possible? This is done secretly so that the person using the keyboard is not aware that his/her actions are being spied on. Key logging can be done from hardware and software-based approaches to electromagnetic as well as acoustic analysis. With is they are able to trace the username, password of the online banking accounts. Moreover, can take advantage of that information. It is easily possible by writing simple software applications for key logging. Later, these programs can easily be distributed as a Trojan horse or as part of a virus in the network. To whom-so-ever this virus stuck, is a victim!rnrnHere, something which is not simple for the Keylogger is to install a hidden keystroke logger without being caught and to download the data that has been logged without being traced. Usually these Keyloggers manually connect to a host machine to download logged keystrokes risks being traced. There is always a risk of sending a Trojan to a fixed e-mail address or IP address because it may expose the key logger

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