SpyEye Trojan Steals Your Money, Covers Its Tracks

The original SpyEye Trojan was effective at stealing bank account credentials for online banking. It would also make fraudulent transactions as the user was logged in to the account, allowing them to watch their balance drop to zero. The updated version of SpyEye, discovered by Trusteer, still takes the login credentials, but then adds a twist.

Instead of allowing a user to see the fraudulent transactions being made, it covers its tracks. The Trojan intercepts the communication with the banking website, allowing it to alter transaction records and account balance. So what does this mean? Your bank account could be at More >