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Tuesday, December 08, 2009

Hackers Targeting Banks, Social Sites

A yearly security report released Tuesday by technology company Cisco says that banks and online social networks are growing targets for cyber criminals.  Strategies used to hack into social-networking sites include grabbing passwords and then utilizing the fact that people only have one password for all their accounts.  Cisco said that a specific computer worm has been spread to more than three million computers since 2008.

Hackers can comb through profiles for information and emails of employees or accounting departments to “spear phish,” or aim schemes at specific workers.  The possibility for workplace computers to be contaminated via a social-networking site is becoming more commonplace due to the increase of a computer Trojan named Zeus constructed to digitally steal money.  People utilize Zeus to empty accounts of “400,000 to 1.5 million dollars a shot.”

Spam is also a highly useful method for convincing people into downloading malware or purchasing bogus products.

Posted on 12/08