Fraud on social networks_blogThat’s right folks… fraud is the latest offering in the service industry. Cybercriminals are selling ‘ready made’ kits, renting out botnets and malicious code such as the Zeus Trojan, Spy Eye and others.

 

 

Where cybercriminals used to only offer their services through select black market connections, cybercrime opportunities and tools are becoming more readily available. Some have even gone so far as to launch their own Facebook pages! One malware developer used a Facebook page to sell customized botnets. Once purchased, these botnets could be programmed to work in coordination with the banking Trojan, Zeus.

As hackers and cybercriminals move from the underground world to mainstream social networking sites, what does this mean for you and me? The fact that Trojans, botnets and other malware are being advertised so openly means more people are becoming aware of the product offering, so to speak. Those that may never have thought about getting involved with cybercriminal activity may now be more tempted to join in. So, how does all of this impact our internet security in this new open-market world?

Online banking risks should be your number one concern. BullGuard fully anticipates that there will be massive shifts in this area of internet security in the near future. Online banks will need to up their game in order to maintain consumer’s trust and ward off cybercriminals.

Here are 5 quick tips to protect your bank account and your cash from cybercriminals:

  1. Make sure any and all url’s you visit start with ‘https’ and a lock symbol
  2. Keep your software and applications up to date. Use a vulnerability scanner, like BullGuard’s to help you monitor what needs updating
  3. Never bank online via WiFi HotSpots
  4. Stay informed with what’s going in and out of bank account, it’ll be easier to spot suspicious activity
  5. Just because an email may look like it comes from your bank, doesn’t mean it did. Double check it, and if it looks suspicious, it probably is a fake.

Use BullGuard Internet Security 2013 to safeguard your banking sessions and protect you from online fraud. You are not safe without it!

Written by Kirsten Dunlaevy (200 Posts)

Kirsten Dunlaevy is a blogger for BullGuard. With a background in advertising and branding she is extremely familiar with the ups and downs of social media and the world of communication. Kirsten is here to educate you on how to navigate all things digital, in a safe and responsible manner. Her other passions are decidedly un-digital, she loves being out on the water and cooking.


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