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Warnings of increased banking detail thefts

Patricia Pieterse
By Patricia Pieterse, iWeek assistant editor
Johannesburg, 23 Nov 2007

Warnings of increased detail thefts

firm F-Secure has issued a warning to computer users all over the world regarding an increase in attacks that target user data on banking Web sites, says techshout.com.

The latest technique used for such attacks is called "Man in the Browser". It involves a cyber criminal pretending to be the bank`s site, intercepting data passed on by the user, and then using that data to access the real bank site to gain access to the account.

Once the PC has been infected, the malicious code is only triggered when the Web user visits the online bank site. This type of malware is capable of retrieving the information (login and password) that the Web user enters on the real Web page of the bank site by intercepting the HTML code on the Web browser.

Post Bank to improve banking

Post Bank Uganda has entered into an agreement with Map International to deliver modern banking services throughout the country, particularly in rural areas, says AllAfrica.com.

One of the services Map International offers in conjunction with the banking institutions is a biometric identity card through mobile and fixed biometric data capture stations and services.

Map International will utilise the services of local telecommunications company Uganda Telecom, to provide infrastructure for interconnectivity of Post Bank automated teller machines (ATMs) around the country.

Synd Bank e-networks Mysore region

Adopting a 'consumer-friendly, IT-savvy` face, the nationalised Syndicate Bank has taken up networking of the remaining 7% of its branches under the core banking solution (CBS) to extend the online facility to all its branches, across the country, says Business Standard.

Chief manager G Anatharaman stated that 35 of the 42 branches in the region, covering Mysore, Mandya, Chamarajanagar, Hassan and Madikeri districts, are now under CBS networking. The rest will be covered by December.

As regards expansion plans, Joshi said Syndicate Bank planned to add five ATMs to the existing 21 in the region and open a rural branch at Yelwal.

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