10 August 2006
HSBC online banking flaw leaves customers at risk
A warning for anyone who uses the global bank HSBC. A flaw has been found in their online banking procedures that allows for a keylogger to collect information used to access the bank's accounts. The flaw has been around for over two years in the current HSBC system. HSBC is said to be the only bank who uses this system with other commercial banks using more secure methods.
It is guaranteed that a person using this method can access the account in 9 tries but will probably get in in 5.
On the bright side the bank says that they have not seen this method used and the bank has less fraud online then the average. The bad news is that now that it is publicly available it is more likely for someone to want to try to do this.
It is guaranteed that a person using this method can access the account in 9 tries but will probably get in in 5.
On the bright side the bank says that they have not seen this method used and the bank has less fraud online then the average. The bad news is that now that it is publicly available it is more likely for someone to want to try to do this.
Labels: internet, security, vulnerability
