Trojan intercepts bank tokens

A newly discovered Trojan is intercepting the TAN codes used as security tokens by customers of two major German banks, Postbank and Deutsche Bank, according to antivirus experts.

Until now, TAN codes were pretty safe, in particular against phishing attacks, as these tokens are sent either through (snail) mail or by SMS. Phishing scammers would not only have to know a customer’s login details and password to enter an online bank account, but also the token to enable transactions. For this reason, many European banks have adopted the system for online banking.

Read the full story.




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