All the latest UK technology news, reviews and analysis


F-Secure releases anti-hacker Banking Protection tool

13 Nov 2012
malware virus security threat

Finnish security firm F-Secure released its new Banking Protection service, aiming to protect users' financial details from hackers.

F-Secure revealed the new service as an addition to the company's existing Internet Security 2013 antivirus and works by blocking any connections that could potentially compromise the device while banking online.

The service is reportedly compatible with "most common browsers" and doesn't require users to install extra software or apps.

F-Secure security chief Mikko Hypponen said the release is a reaction to the influx of new automated exploit kits, like Blackhole, that let non tech-savvy criminals mount automated cyber campaigns.

"The world of cybercrime is a well-orchestrated industry," said Hypponen.

"Criminals without technical know-how can easily purchase malware toolkits designed to steal money from online bank accounts. It's easier than ever. It's malware-as-a-service."

F-Secure security researcher Sean Sullivan added to Hypponen's comments by highlighting the ongoing success of the Zeus banking Trojan as further evidence of the problem automated exploit kits pose.

"I think the nearly 700,000 strong peer-to-peer ‘Gameover' version of Zeus is cause enough to have developed our additional layer of security. And Gameover isn't even the most prevalent version of Zeus (although it well may be the most financially successful)," said Sullivan.

Gameover is a variant of the Zeus banking Trojan. Zeus is one of the most common banking trojans and is bespoke designed to steal users financial details. 

The malware is mainly spread as a drive-by-download that infects users machines when they visit an infected web page.

"It isn't just enough to trust you are properly connected to your bank, we think our customers will feel better knowing that unknown connections (men-in-the-middle) are blocked while they do their banking."

Zeus is one of many banking trojans known to be used by cyber criminals. Earlier in October a new version of the infamous Citadel Trojan was also discovered operating in the wild.

  • Comment  
  • Tweet  
  • Google plus  
  • Facebook  
  • LinkedIn  
  • Stumble Upon  
Alastair Stevenson
About

Alastair has worked as a reporter covering security and mobile issues at V3 since March 2012. Before entering the field of journalism Alastair had worked in numerous industries as both a freelance copy writer and artist.

View Alastair's Google+ profile

More on Security
What do you think?
blog comments powered by Disqus
Poll

Windows 10 poll

What are your first impressions of Windows 10?
13%
4%
10%
4%
21%
4%
44%

Popular Threads

Powered by Disqus
V3 Sungard roundtable event - Cloud computing security reliability and scalability discussion

CIOs debate how to overhaul businesses for the digital era

V3 hosts roundtable with Sungard Availability Services

Updating your subscription status Loading
Newsletters

Get the latest news (daily or weekly) direct to your inbox with V3 newsletters.

newsletter sign-up button
hpv3may

Getting started with virtualisation

Virtualisation can help you reduce costs, improve application availability, and simplify IT
management. However, getting started can be challenging

ibmv3may

Converting big data and analytics insights into results

Successful leaders are infusing analytics throughout their organisations to drive smarter decisions, enable faster actions and optimise outcomes

Senior Java/Scala Developer -

Joining a dynamic technology company that has the look...

Web Developer - C# ASP.NET MVC - TDD/BDD - AngularJS - London

Web Developer - C# ASP.NET MVC - TDD/BDD - AngularJS...

Oracle HR / Payroll Consultant

Oracle Payroll Consultant (fastformulae, R12, HRMS, HR...

.NET Developer - MVC 5, AngularJS, NoSQL, Azure - London - £65K

Web Developer - C# ASP.NET MVC, NoSQL, AngularJS, TDD...
To send to more than one email address, simply separate each address with a comma.