Is your bank responsible for protecting you from key loggers?

    Date11 Aug 2006
    CategoryPrivacy
    5767
    Posted ByBrittany Day
    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.

    You are not authorised to post comments.

    ccommentViewComments Object ( [document] => [_name:protected] => comments [_models:protected] => Array ( ) [_basePath:protected] => /var/www/www.linuxsecurity.com-443/html/components/com_comment [_defaultModel:protected] => [_layout:protected] => default [_layoutExt:protected] => php [_layoutTemplate:protected] => _ [_path:protected] => Array ( [template] => Array ( [0] => /var/www/www.linuxsecurity.com-443/html/templates/shaperhelix_child/html/com_comment/templates/default/ [1] => /var/www/www.linuxsecurity.com-443/html/components/com_comment/templates/default/ [2] => /var/www/www.linuxsecurity.com-443/html/templates/shaperhelix_child/html/com_content/comments/ [3] => /var/www/www.linuxsecurity.com-443/html/components/com_comment/views/comments/tmpl/ ) [helper] => Array ( [0] => /var/www/www.linuxsecurity.com-443/html/components/com_comment/helpers/ ) ) [_template:protected] => /var/www/www.linuxsecurity.com-443/html/components/com_comment/templates/default/default_menu.php [_output:protected] => [_escape:protected] => htmlspecialchars [_charset:protected] => UTF-8 [_errors:protected] => Array ( ) [baseurl] => [plugin] => CcommentComponentContentPlugin Object ( [row] => stdClass Object ( [id] => 124473 [asset_id] => 19997 [title] => Is your bank responsible for protecting you from key loggers? [alias] => is-your-bank-responsible-for-protecting-you-from-key-loggers [introtext] => 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.

    [fulltext] => 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.

    [state] => 1 [catid] => 81 [created] => 2006-08-11 13:59:23 [created_by] => 191 [created_by_alias] => Brittany Day [modified] => 2015-11-30 07:50:41 [modified_by] => 10 [checked_out] => 0 [checked_out_time] => 0000-00-00 00:00:00 [publish_up] => 2006-08-11 18:00:00 [publish_down] => 0000-00-00 00:00:00 [images] => [urls] => {"urla":"http://www.computerworld.com/blogs/node/3207","urlatext":"Computer World","targeta":"1","urlb":false,"urlbtext":"","targetb":"","urlc":false,"urlctext":"","targetc":""} [attribs] => {"pageclass_sfx":"","back_button":"","item_title":1,"link_titles":"","introtext":1,"section":0,"section_link":0,"category":0,"category_link":0,"rating":"","author":"","createdate":"","modifydate":"","pdf":"","print":"","email":"","docbook_type":"","show_parent_category":"","link_parent_category":"","show_author":"","link_author":"","show_publish_date":"","show_item_navigation":"","show_print_icons":"","show_icons":"","show_hits":"","show_noauth":"","alternative_readmore":"","article_layout":"","show_publishing_options":"","show_article_options":"","show_urls_images_backend":"","show_urls_images_frontend":"","list_show_hits":"","list_show_author":"","show_readmore":""} [version] => 1 [ordering] => 602 [metakey] => bank, responsible, protecting, key, loggers [metadesc] => [access] => 1 [hits] => 5767 [metadata] => Joomla\Registry\Registry Object ( [data:protected] => stdClass Object ( ) [initialized:protected] => [separator] => . ) [featured] => 0 [language] => * [xreference] => [category_title] => Privacy [category_alias] => privacy [category_access] => 1 [author] => Brittany Day [parent_title] => NEWS [parent_id] => 179 [parent_route] => news [parent_alias] => news [rating] => [rating_count] => [params] => Joomla\Registry\Registry Object ( [data:protected] => stdClass Object ( [article_layout] => _:default [show_title] => 1 [link_titles] => 1 [show_intro] => 1 [info_block_position] => 0 [info_block_show_title] => 1 [show_category] => 1 [link_category] => 1 [show_parent_category] => 0 [link_parent_category] => 0 [show_associations] => 0 [flags] => 1 [show_author] => 1 [link_author] => 0 [show_create_date] => 0 [show_modify_date] => 0 [show_publish_date] => 1 [show_item_navigation] => 1 [show_vote] => 0 [show_readmore] => 1 [show_readmore_title] => 1 [readmore_limit] => 100 [show_tags] => 1 [show_icons] => 1 [show_print_icon] => 1 [show_email_icon] => 0 [show_hits] => 1 [show_noauth] => 0 [urls_position] => 0 [captcha] => [show_publishing_options] => 1 [show_article_options] => 1 [save_history] => 1 [history_limit] => 10 [show_urls_images_frontend] => 0 [show_urls_images_backend] => 1 [targeta] => 0 [targetb] => 0 [targetc] => 0 [float_intro] => left [float_fulltext] => left [category_layout] => _:blog [show_category_heading_title_text] => 1 [show_category_title] => 0 [show_description] => 0 [show_description_image] => 0 [maxLevel] => 1 [show_empty_categories] => 0 [show_no_articles] => 1 [show_subcat_desc] => 1 [show_cat_num_articles] => 0 [show_cat_tags] => 1 [show_base_description] => 1 [maxLevelcat] => -1 [show_empty_categories_cat] => 0 [show_subcat_desc_cat] => 1 [show_cat_num_articles_cat] => 1 [num_leading_articles] => 0 [num_intro_articles] => 5 [num_columns] => 1 [num_links] => 4 [multi_column_order] => 0 [show_subcategory_content] => 0 [show_pagination_limit] => 1 [filter_field] => hide [show_headings] => 1 [list_show_date] => 0 [date_format] => [list_show_hits] => 1 [list_show_author] => 1 [orderby_pri] => alpha [orderby_sec] => rdate [order_date] => created [show_pagination] => 2 [show_pagination_results] => 1 [show_featured] => show [show_feed_link] => 1 [feed_summary] => 0 [feed_show_readmore] => 0 [sef_advanced] => 1 [sef_ids] => 1 [custom_fields_enable] => 0 [show_page_heading] => 0 [layout_type] => blog [menu_text] => 1 [menu_show] => 0 [secure] => 0 [menulayout] => {"width":600,"menuItem":1,"menuAlign":"right","layout":[{"type":"row","attr":[{"type":"column","colGrid":12,"menuParentId":"245","moduleId":""}]}]} [megamenu] => 0 [showmenutitle] => 1 [enable_page_title] => 0 [page_title] => Privacy [page_description] => LinuxSecurity.com is the community's central source for information on Linux and open source security. We follow the open source trends as they affect the community. We produce content that appeals to administrators, developers, home users, and security professionals. [page_rights] => [robots] => [item_title] => 1 [introtext] => 1 [section] => 0 [section_link] => 0 [category] => 0 [category_link] => 0 [access-view] => 1 ) [initialized:protected] => 1 [separator] => . ) [tagLayout] => Joomla\CMS\Layout\FileLayout Object ( [layoutId:protected] => joomla.content.tags [basePath:protected] => [fullPath:protected] => [includePaths:protected] => Array ( ) [options:protected] => Joomla\Registry\Registry Object ( [data:protected] => stdClass Object ( [component] => com_content [client] => 0 ) [initialized:protected] => [separator] => . ) [data:protected] => Array ( ) [debugMessages:protected] => Array ( ) ) [slug] => 124473:is-your-bank-responsible-for-protecting-you-from-key-loggers [catslug] => 81:privacy [parent_slug] => 179:news [readmore_link] => /privacy/is-your-bank-responsible-for-protecting-you-from-key-loggers [text] => 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.

    [tags] => Joomla\CMS\Helper\TagsHelper Object ( [tagsChanged:protected] => [replaceTags:protected] => [typeAlias] => [itemTags] => Array ( ) ) [jcfields] => Array ( ) [event] => stdClass Object ( [afterDisplayTitle] => [beforeDisplayContent] => ) [prev] => /privacy/users-still-not-wiping-data-from-unwanted-pcs [next] => /privacy/faq-protecting-yourself-from-search-engines [prev_label] => Prev [next_label] => Next [pagination] =>

    [paginationposition] => 1 [paginationrelative] => 0 ) [params] => Joomla\Registry\Registry Object ( [data:protected] => stdClass Object ( [article_layout] => _:default [show_title] => 1 [link_titles] => 1 [show_intro] => 1 [info_block_position] => 0 [info_block_show_title] => 1 [show_category] => 1 [link_category] => 1 [show_parent_category] => 0 [link_parent_category] => 0 [show_associations] => 0 [flags] => 1 [show_author] => 1 [link_author] => 0 [show_create_date] => 0 [show_modify_date] => 0 [show_publish_date] => 1 [show_item_navigation] => 1 [show_vote] => 0 [show_readmore] => 1 [show_readmore_title] => 1 [readmore_limit] => 100 [show_tags] => 1 [show_icons] => 1 [show_print_icon] => 1 [show_email_icon] => 0 [show_hits] => 1 [show_noauth] => 0 [urls_position] => 0 [captcha] => [show_publishing_options] => 1 [show_article_options] => 1 [save_history] => 1 [history_limit] => 10 [show_urls_images_frontend] => 0 [show_urls_images_backend] => 1 [targeta] => 0 [targetb] => 0 [targetc] => 0 [float_intro] => left [float_fulltext] => left [category_layout] => _:blog [show_category_heading_title_text] => 1 [show_category_title] => 0 [show_description] => 0 [show_description_image] => 0 [maxLevel] => 1 [show_empty_categories] => 0 [show_no_articles] => 1 [show_subcat_desc] => 1 [show_cat_num_articles] => 0 [show_cat_tags] => 1 [show_base_description] => 1 [maxLevelcat] => -1 [show_empty_categories_cat] => 0 [show_subcat_desc_cat] => 1 [show_cat_num_articles_cat] => 1 [num_leading_articles] => 0 [num_intro_articles] => 5 [num_columns] => 1 [num_links] => 4 [multi_column_order] => 0 [show_subcategory_content] => 0 [show_pagination_limit] => 1 [filter_field] => hide [show_headings] => 1 [list_show_date] => 0 [date_format] => [list_show_hits] => 1 [list_show_author] => 1 [orderby_pri] => alpha [orderby_sec] => rdate [order_date] => created [show_pagination] => 2 [show_pagination_results] => 1 [show_featured] => show [show_feed_link] => 1 [feed_summary] => 0 [feed_show_readmore] => 0 [sef_advanced] => 1 [sef_ids] => 1 [custom_fields_enable] => 0 [show_page_heading] => 0 [layout_type] => blog [menu_text] => 1 [menu_show] => 0 [secure] => 0 [menulayout] => {"width":600,"menuItem":1,"menuAlign":"right","layout":[{"type":"row","attr":[{"type":"column","colGrid":12,"menuParentId":"245","moduleId":""}]}]} [megamenu] => 0 [showmenutitle] => 1 [enable_page_title] => 0 [page_title] => Privacy [page_description] => LinuxSecurity.com is the community's central source for information on Linux and open source security. We follow the open source trends as they affect the community. We produce content that appeals to administrators, developers, home users, and security professionals. [page_rights] => [robots] => [item_title] => 1 [introtext] => 1 [section] => 0 [section_link] => 0 [category] => 0 [category_link] => 0 [access-view] => 1 ) [initialized:protected] => 1 [separator] => . ) ) [config] => Joomla\Registry\Registry Object ( [data:protected] => stdClass Object ( [basic] => stdClass Object ( [include_categories] => 1 [categories] => Array ( [0] => 179 [1] => 171 [2] => 84 [3] => 83 [4] => 82 [5] => 81 [6] => 80 [7] => 79 [8] => 78 [9] => 77 [10] => 76 [11] => 75 [12] => 74 [13] => 73 [14] => 72 [15] => 69 [16] => 67 [17] => 178 [18] => 181 [19] => 87 [20] => 89 [21] => 91 [22] => 98 [23] => 99 [24] => 100 [25] => 172 [26] => 197 [27] => 198 [28] => 199 [29] => 200 [30] => 182 [31] => 159 [32] => 102 [33] => 183 [34] => 157 [35] => 156 [36] => 184 [37] => 107 [38] => 106 [39] => 105 [40] => 104 [41] => 103 [42] => 185 [43] => 186 [44] => 108 [45] => 187 [46] => 160 [47] => 166 [48] => 169 [49] => 161 [50] => 167 [51] => 162 [52] => 163 [53] => 188 [54] => 170 [55] => 189 [56] => 196 ) [exclude_content_items] => Array ( ) [disable_additional_comments] => Array ( ) ) [security] => stdClass Object ( [authorised_users] => Array ( [0] => 6 [1] => 7 [2] => 2 [3] => 3 [4] => 4 [5] => 5 [6] => 8 ) [auto_publish] => 1 [notify_moderators] => 0 [moderators] => Array ( [0] => 8 ) [captcha] => 1 [captcha_type] => default [maxlength_text] => 30000 ) [layout] => stdClass Object ( [tree] => 1 [sort] => 0 [comments_per_page] => 10 [support_ubb] => 1 [support_pictures] => 0 [pictures_maxwidth] => 200 [voting_visible] => 1 [date_format] => age [show_readon] => 1 [menu_readon] => 0 [intro_only] => 0 [emoticon_pack] => modern ) [template] => stdClass Object ( [template] => default ) [template_params] => stdClass Object ( [emulate_bootstrap] => 1 [minify_scripts] => 0 [notify_users] => 1 [pagination_position] => 0 [form_position] => 1 [form_avatar] => 1 [form_ubb] => 1 [required_user] => 1 [required_email] => 1 [show_rss] => 1 [show_search] => 1 [preview_visible] => 1 [preview_length] => 80 [preview_lines] => 10 ) [integrations] => stdClass Object ( [gravatar] => 1 [support_profiles] => 0 ) [global] => stdClass Object ( [censorship_word_list] => Array ( ) ) ) [initialized:protected] => 1 [separator] => . [id] => 1 [component] => com_content ) [count] => 0 [contentId] => 124473 [component] => com_content [allowedToPost] => [discussionClosed] => [emoticons] => Array ( [:angry:] => /media/com_comment/emoticons/modern/images/Angry.gif [:angry-red:] => /media/com_comment/emoticons/modern/images/Angry-Red.gif [:evil:] => /media/com_comment/emoticons/modern/images/Evil-Toothy.gif [:idea:] => /media/com_comment/emoticons/modern/images/Idea.gif [:love:] => /media/com_comment/emoticons/modern/images/Love.gif [:x] => /media/com_comment/emoticons/modern/images/Mad.gif [:no-comments:] => /media/com_comment/emoticons/modern/images/No-Comments.gif [:ooo:] => /media/com_comment/emoticons/modern/images/Oooo.gif [:pirate:] => /media/com_comment/emoticons/modern/images/Pirate.gif [:?:] => /media/com_comment/emoticons/modern/images/Question.gif [:(] => /media/com_comment/emoticons/modern/images/Sad.gif [:sleep:] => /media/com_comment/emoticons/modern/images/Sleeping.gif [:)] => /media/com_comment/emoticons/modern/images/Smile.gif [,)] => /media/com_comment/emoticons/modern/images/Wink.gif [,))] => /media/com_comment/emoticons/modern/images/Wink-2.gif [:0] => /media/com_comment/emoticons/modern/images/Wooo.gif ) [customfieldsForm] => Joomla\CMS\Form\Form Object ( [data:protected] => Joomla\Registry\Registry Object ( [data:protected] => stdClass Object ( ) [initialized:protected] => [separator] => . ) [errors:protected] => Array ( ) [name:protected] => customfields [options:protected] => Array ( [control] => jform ) [xml:protected] => SimpleXMLElement Object ( [fields] => SimpleXMLElement Object ( [@attributes] => Array ( [name] => customfields ) ) ) [repeat] => ) )

    Comments powered by CComment

    LinuxSecurity Poll

    Have you used our RSS feeds?

    No answer selected. Please try again.
    Please select either existing option or enter your own, however not both.
    Please select minimum 0 answer(s) and maximum 4 answer(s).
    /component/communitypolls/?task=poll.vote&format=json
    21
    radio
    [{"id":"77","title":"Yes, for articles","votes":"0","type":"x","order":"1","pct":0,"resources":[]},{"id":"78","title":"Yes, for advisories","votes":"0","type":"x","order":"2","pct":0,"resources":[]},{"id":"79","title":"Hybrid that contains both","votes":"0","type":"x","order":"3","pct":0,"resources":[]},{"id":"80","title":"No","votes":"0","type":"x","order":"4","pct":0,"resources":[]}]["#ff5b00","#4ac0f2","#b80028","#eef66c","#60bb22","#b96a9a","#62c2cc"]["rgba(255,91,0,0.7)","rgba(74,192,242,0.7)","rgba(184,0,40,0.7)","rgba(238,246,108,0.7)","rgba(96,187,34,0.7)","rgba(185,106,154,0.7)","rgba(98,194,204,0.7)"]350
    bottom200

    Advisories

    We use cookies to provide and improve our services. By using our site, you consent to our Cookie Policy.