Social engineering replaces guns in today's biggest bank heists


Australia's banking industry is under threat due to a heavy reliance on Single Socket Layer (SSL) encryption that hackers increasingly find their way around.

There are no 'stick em up' dramatics in today's million dollar bank heists, it simply involves the use of SSL evading Trojans and refined phishing techniques.

While banks are reluctant to quantify financial losses, Australia's Computer Emergency Response Team (AusCert) admits its own research proves attacks are on the rise. Computerworld | Social engineering replaces guns in today's biggest bank heists

Linked by shanmuga Monday, 15th May 2006 10:10PM