Credit Cards - Online Shoppers weary of using card details - 25/04/2008

 
 
  Credit cards users in the UK, have admitted being weary of shopping online, with only 52 per cent admitting they are confident with using their credit cards or complete internet banking, new research has found.

Internet security firm, F-Secure found that a large increase in banking Trojans, usually delivered by email, that were designed to steal banking login details including username and password had occurred.

These new attacks are similar to the more traditional phishing style bank email, but rather than asking a customer to log in, the new technique requests the user to download and install a 'security certificate', which is actually a Trojan rootkit.

It was also found that, Fraudsters are able to circumvent many of the security features used by banks today, including some two-factor authentication systems.

Mikko Hyppönen, F-Secure's chief research officer said: "This increasingly complex attack represents the next generation of online banking fraud. Consumers need to be aware of threats when banking online, but that is not to say that they should not do it."

   
 
     
 
 
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