New Malware Re-Writes Online Bank Statements to Cover Fraud
New malware being used by cybercrooks does more than let hackers loot a bank account; it hides evidence of a victim’s dwindling balance by rewriting online bank statements on the fly, according to a new report. The sophisticated hack uses a Trojan horse program installed on the victim’s machine that alters html coding before it’s displayed in the user’s browser, to either erase evidence of a money transfer transaction entirely from a bank statement, or alter the amount of money transfers and balances. The ruse buys the crooks time before a victim discovers the fraud, though won’t work if a victim uses an uninfected machine to check his or her bank balance.
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New Malware Re-Writes Online Bank Statements to Cover Fraud
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