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  1. #1
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    Banking Trojan disables MS Anti-Spyware

    The first piece of malware to attack Microsoft's new prototype anti-spyware product has emerged. The BankAsh-A Trojan disables Microsoft AntiSpyware Beta in an attempt to suppress any warning messages the package might display. It also deletes files within the program's folder. Unlike other items of malware, BankAsh-A makes no attempt to turn off anti-virus apps.

    Full story: Banking Trojan disables MS Anti-Spyware | The Register

    Alan

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    Re: Banking Trojan disables MS Anti-Spyware

    And so it begins! I think it is important to point out that Microsoft Windows AntiSpyware (Beta) is, in-fact, in "beta". Now the issue is, how does MS handle it?

    What troubles me most about this is even if this is a brand new Trojan, and it appears to be, are folks really relying only on Windows AntiSpyware (the point being it is a "beta" release) for their spyware defenses? Do all the other tools people should be using miss it?

    It is bad enough to be lax in your "safe computing" practices if all you do is surf, play games, and email. But this targets the on-line banking community. If anyone should be practicing safe computing, it is those Internet users that do on-line banking; folks who enter account numbers, passwords, etc.

    I am not necessarily blaming the end-users, although each of us has a responsibility to keep our systems clean so we don't help the bad guys spread their wares - but it sure seems to me the banks have a greater responsibility - and a financial interest to prevent this type of fraud. The Register's report indicates malicious code and phishing scams costs the UK banking industry an estimated
    Bill (AFE7Ret)
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  3. #3
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    Re: Banking Trojan disables MS Anti-Spyware

    Bill

    There is advice galore at the websites of all UK banks (for example, here, and a general one covering all UK banks).

    This will be true of almost any country you would like to mention.

    I don't think the banks can be accused of complacency in this instance, although they could be so accused in other areas...

    John
    <font face="Script MT Bold"><font color=blue><big><big>John</big></big></font color=blue></font face=script>

    Ita, esto, quidcumque...

  4. #4
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    Re: Banking Trojan disables MS Anti-Spyware

    re: bank fees and saving on costs.
    I don't know what the UK (or US) banks reputation is like but in <img src=/S/flags/Australia.gif border=0 alt=Australia width=30 height=18>, since the introduction of collaboration... er, deregulation I think is the quaint term they use, there's no way that any cost saving is passed onto the customer. More likely, there would be an increase in fees, conveniently attributable to covering the cost of implementing the cost-saving program.

    Alan

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    Re: Banking Trojan disables MS Anti-Spyware

    Alan, you're right. Instead of passing the savings on to the customer, they would charge a fee to manage all those extra funds!

    John - I targeted banks, and I do blame them, but they are just part of the establishment. It seems big business, governments, the UN are only interested in costs today (or this election cycle).

    At some point, significant changes are going to have to be made to make the Internet safe (or at least significantly safer).

    IMO, the banks have a duty to make sure my money is safe. If we have to use dongles or swipe a card or scan a retina, then we need to do it. A dongle might do it - they are only a few bucks, something the banks would surely love to pass on to the consumer in another fee when we sign up for "Secure Banking".

    Many of these bad guys are in our own respective countries - places where some teeth could be added to the laws and funds to support adequate law enforcement.

    There are countries with state supported (or condoned) ISPs allowing spam onto the Internet. Why? I am certain the technology is there to prevent that spam from crossing borders - at least with the smaller countries.

    We have a growing problem here where drivers "run the reds" - there are often 2, 3 or more that try to sneak through the intersection clearly after the light has changed. I wonder what would happen if the cops nationwide conducted a huge crack down on those flagrant intentional offenders; if the courts levied a fine that was not a joke - a fine that actually covered the police and processing man-hours. Sure, it would cost more at first, and be painful to all those caught. The public would learn. And wouldn't it cost less than in the long run? Save a few lives? Keep more taxpayers productively working and paying taxes? Why isn't it done - it will cost to much today - too much spending on my watch - save the problems for our kids when it will be totally out of control.

    Of course, there will always be people running red lights, and there will always be bad guys on the Internet. But I should not have to have an arsenal of tools to protect my computing experience when there are so called legitimate companies (banks, ISPs, and telecommunications carriers and other providers) taking my money for services I pay for, and governements, we the people put in place to protect us.

    Oh well, JMHO. <img src=/S/cranky.gif border=0 alt=cranky width=18 height=25>
    Bill (AFE7Ret)
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  6. #6
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    Re: Banking Trojan disables MS Anti-Spyware

    Bill,

    At the risk of getting into a <!rule=18>Rule 18<!/rule> discussion, government is not put in place to protect the citizens. It is more of a coordinating body. LAWS and regulations are put in place to protect the citizens (and the business community), and laws still need to be enforced. Not the same thing at all. Now let's steer clear of political commentary, please.
    Charlotte

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    Re: Banking Trojan disables MS Anti-Spyware

    Fair enough - but I was not trying to start up a polical discussion - I was "harping" on the fact that the industry and governments are not doing all that they can to protect us users/the public/citizens - tyring to make a point that an investment today will be better for all - including these companies - later on.

    And to dispute one point before I say no more - government IS put in place for the sole purpose of protecting it's citizens - from internal and external threats - they do so with the "rule of law".

    later...
    Bill (AFE7Ret)
    Freedom is NOT Free!
    Heat is the bane of all electronics!

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