
When you try to access your bank, the virus creates a pop-up browser window that looks just like the real thing. Hackers perform this attack with a trojan-a type of virus that sneaks in and installs itself on your computer. The twist in this version is that not only is the website fake, but the browser is also fake. Just like a phishing attack, this technique guides you towards a counterfeit version of your bank's website. Any information you enter on this phony website will go straight to the scammers, who will then log into your real online banking account. This website will ask you to enter your security details and might also ask you for other information, such as your card details or your PIN. If you click the link in the email, you'll find yourself on what appears to be your bank's official website. The email will often claim that your account needs urgent attention. Some phishing emails are so professional-looking that even an expert might think that they're the real thing. Phishing emails look like legitimate emails from your online banking provider. There are some attack patterns that we see again and again.

They will exploit any potential weakness that grants access to your cash. 8 ways online banking thieves will try to steal your moneyīanks are always working to improve security, but hackers and fraudsters are highly inventive. Sophisticated digital gangs are always looking out for weak spots, causing misery for their hapless victims.īanking online doesn't have to be dangerous, as long as you understand the threat and take steps to protect yourself. Unfortunately, this means that online banking theft is also on the rise.

Online banking is the norm for most people, with around 30% of people now using a digital-only bank.
