Banking trojan

A banking trojan is a type of malicious computer software (malware) designed to steal confidential or financial information such as banking credentials and passwords from victims. Banking trojans are generally installed on the victims’ computer systems through social engineering, phishing emails, malicious attachments, or drive-by downloads. Once installed, the malware collects the stored information and sends it to the attacker, giving them access to the user’s accounts.

Banking trojans are also frequently used to launch further attacks, such as distributed denial-of-service (DDoS) attacks. In addition, banking trojans can be used to monitor user activities, manipulate online forms (e.g. transfer money from one account to another), or even delete data. Banking trojans are also capable of collecting and exfiltrating sensitive information such as security codes, account balances, and PIN numbers.

Banking trojans are commonly spread through email, instant messaging, websites, malicious advertisements, and social media postings. They can also be spread through malicious software bundling, or when users download software from an unreliable source. They are also known to spread through exploitation of known vulnerabilities of the targeted operating system.

Security professionals recommend users to use strong authentication, as it is more difficult for attackers to intercept the data. Additionally, users should use secure and reputable websites and programs for the activities and refrain from using unencrypted networks for online banking.