Where does your bank's responsibility to protect you and your online transactions end? Apparently the HSBC bank of Great Britain knew for 2 years that they had a vulnerability and did nothing about it. There are very few details about the vulnerability, but one thing is known -- an attacker would already have to have a key logger on the customer's system to take advantage of the vulnerability. Maybe I'm being naive, but if an attacker has a key logger on the system, I figure your online banking credentials being stolen is just the start of your worries. . The vulnerability HSBC has is apparently extremely difficult to actually take advantage of, a factor HSBC took into account when they decided to live with it because other concerns were more pressing. As security professionals, we should understand this balancing act, even if we don't always agree with the decisions that are reached. The cost to fix the issue was considered to by management to exceed the probability of an exploit multiplied by the possible cost of paying for any such breaches. Pretty standard business reasoning. . The exposure of Barclays raises significant threats to digital payments due to rising spyware allegations.. Banking Security, Key Logger Risks, Online Transaction Safety, Cyber Threat Protection. . LinuxSecurity.com Team
Disclosing material about the "key logger system" the FBI installed on the computer of Nicodemo S. Scarfo Jr. would hurt ongoing investigations of foreign intelligence agents and endanger the lives of U.S. agents, according to court documents filed by the government. . . . . Disclosing material about the "key logger system" the FBI installed on the computer of Nicodemo S. Scarfo Jr. would hurt ongoing investigations of foreign intelligence agents and endanger the lives of U.S. agents, according to court documents filed by the government. The Justice Department claims the system must remain secret to keep hostile intelligence officers from employing "counter-surveillance tactics to thwart law enforcement." The case is being watched by privacy experts concerned over the government use of spy technology. Lawyers for Scarfo, the son of a jailed mob boss, say they need the information to determine if the intrusion violated his constitutional rights. If it did, none of the evidence from the computer could be used at his trial. The link for this article located at USAToday is no longer available. . Disclosing material about the 'key logger system' the FBI installed on the computer of Nicodemo S. S. disclosing, material, about, logger, system', installed, computer, nicodemo. . Anthony Pell
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