You put your money into the bank trusting that your banking institution's computer security safeguards will keep it from falling into the wrong hands. But when hackers do manage to break in and steal money from your account, should the bank be held responsible? Not according to a Maine judge who ruled in a case involving a business that sued its bank after losing $345,000 via unauthorized Automated Clearing House (ACH) transfers.
There's a new piece of malware making the rounds, one that could get more dangerous with time. It's a Trojan called "OddJob," and eastern European cybercriminals are using it to steal from online bank accounts in the U.S., ComputerWorld reports. That in and of itself isn't anything new, but according to Amit Klein, chief technology officer at security firm Trusteer, the way it's hijacking account information is different than most other malware.