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Computing Security & Computing Forensics - Report Example

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This report "Computing Security & Computing Forensics" discusses computer hacking that has persisted for the best part of last year making the banks in the United Kingdom lose thousands of dollars. The government should not terrify its people about the dangers of malware…
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Computing Security & Computing Forensics
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Download file to see previous pages The hackers have been very witty, posing a threat even to those with up-to-date anti-virus software. The threat is not limited to a certain group of bank users, but rather universal to all those who make any transaction with any bank. In a network standard-setting check-up done by the BBC check, it was found that the majority of web security did not detect the malware created by the hackers. However, the threat does not apply unless the user visits a specific website. The malware, which has been vetted as, “the man in the browser (MitB)”, exists in the web browser and can come in between a server and the link altering the details being entered or that is being seen (Spencer, 2012).

The man in the browser has been confirmed to change payment details, and quantities as well as changing the on-screen balances. The interesting bit of the story is that the malware is very specific and attacks the bank’s sites only. The malwares released by the hackers is a bit complicated because whenever an update is made on the malware it may take the security personnel more than a week or so, to detect its characteristics then destroy it. however, the malware suspected to have come from a legal source that started to communicate with an existing web address (Spencer, 2012).

The manufactures of security programmers have however argued that the matter is not out of hand, as they will continually research and blacklist links or other sources of malware. Many banks have however employed the back-end security to protect themselves from online fraud. They have assured us to invent an intelligent fraud detector that will monitor all bank online operations. The detector will indicate any deviation from the actual transaction made. Many computers if adjusted to the maximum will block the malware though they expect it to block other useful programs too (Spencer, 2012). ...Download file to see next pages Read More
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