Banks are facing more trouble from SpyEye, a piece of malicious software that steals money from people's online bank accounts, according to new research from security vendor Trusteer. SpyEye is a particularly nasty piece of malicious software: it can harvest credentials for online accounts and also initiate transactions as a person is logged into their account, literally making it possible to watch their bank balance drop by the second.
Source: http://www.infoworld.com/d/security/spyeye-trojan-morphs-defeat-online-banking-defenses-168080
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