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Financial firms suffer most Trojan attacks

But are attacks evolving?

Tags: trojans

By Dan Ilett

Published: 14 March 2006 13:05 GMT

Financial companies suffered more Trojan horse attacks last year than any other industry, research suggests.

Almost 40 per cent of Trojan attacks and 30 per cent of hacker scans were focused on banks and financial firms, according to a report from security companies Counterpane and MessageLabs.

While the victim checks their bank balance, the Trojan silently siphons money out of the account.

A statement put out by the security companies said hackers are building Trojans to steal cash directly from bank accounts rather than siphoning identities.

It said: "The new Trojan programs do not have to trick victims out of revealing their password. Instead, they wait for the victim to perform their normal banking business. While the victim checks their bank balance, the Trojan silently siphons money out of the account."

But other security companies say only one such Trojan has been built - more than a year ago.

Graham Cluley, senior technology consultant for Sophos, told silicon.com: "We did see some malware which did this back in October 2004 but we haven't seen anything similar since. We're not seeing any evidence of a move towards these kinds of attacks from phishing and identity theft malware.

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