Internet Banking & Mobile Banking users beware – ZITMO & SPITMO is here !!

Typically a strong online banking authentication relies on generating a Transaction Authorisation number, sending it to the registered mobile number of the internet banking user, and the user will then have to enter the random generated authorisation code into the mobile banking site for the transaction to get authorised. Beware — danger is lurking in this scenario also.

 

ZITMO (Zeus-In-The-Mobile) is a trojan designed to intercept and redirect the incoming SMS including the transaction authorisation codes that come into the infectd mobiles. Another similar trojan is SPITMO (SpyEye-In-The-Mobile) with nearly the same functionality as ZITMO except for some change in how it works.
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Typosquatting-Use of Doppelganger Domains to steal data

We often mistype domain names when we are searching the web or trying to access a website. For e.g. we type instead of gmail.com, we may type gamil.com or icicibank can be typed as icici bank. Researchers have now shown that by creating ‘doppelganger’ (German origin-meaning duplicate or double) domains it is possible to steal information. A extract of the article has been included here.
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The new Common Weakness Scoring System – CWSS

When a security analysis of a software application is performed, such as when using an automated code auditing tool, developers often face hundreds or thousands of individual bug reports for weaknesses that are discovered in their code. In certain circumstances, a software weakness can lead to an exploitable vulnerability. For example, a buffer overflow vulnerability might arise from a weakness in which the programmer does not properly validate the length of an input buffer. This weakness only contributes to a vulnerability if the input can be influenced by a malicious party, and if that malicious input can copied to an output buffer that is smaller than the input.

 

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