Banking passwords stolen from Australians are being traded online by criminals
a year ago
- #banking-fraud
- #cybersecurity
- #infostealer-malware
- Over 31,000 Australian banking passwords from the Big Four banks are being traded online by cybercriminals.
- Passwords were stolen via 'infostealer' malware, which harvests data from infected devices.
- Infostealers target Windows systems, capturing not just passwords but also credit card details, crypto wallets, and browser data.
- The issue is global, with 31 million infected devices worldwide and 3.9 billion passwords stolen.
- Stolen data is sold cheaply on platforms like Telegram, sometimes even given away for free.
- Protection measures include updating software, using multi-factor authentication, and avoiding risky downloads like pirated software or gaming mods.
- Experts warn that changing passwords on an infected device is ineffective; use a secure device instead.