[WEBINAR] Application Acceleration: Faster Performance for End Users

Banker Trojan

Definition - What does Banker Trojan mean?

A banker Trojan is a piece of malware intended to get financial information or hack users through a banking or financial system, commonly through an online banking or brokerage interface.

Techopedia explains Banker Trojan

Banker Trojans can work in different ways, for example, through seeding added code into bank web sites, or through intercepting passwords or information through the use of keyloggers. These types of malware have been analyzed by Kaspersky Labs and other top security authorities, and banks and financial institutions are fighting back.

One way to limit the use and damage due to banker Trojans is to provide more secure authentication for online banking users. This is what is behind new multi-channel authentication where online banking programs may ask users to transfer data from a mobile phone, to further authenticate a transaction or user access.

Security experts also provide parties with resources to remove existing banker Trojans, such as the recent Neverquest program that has threatened the finances of many banking customers.

Preventing harm from banker Trojans is a top priority in financial industries as they move toward new remote access and digital models. Experts express specific concern about online brokerage tools, because users can do so many different kinds of transactions through these portals.

Techopedia Deals

Connect with us

Techopedia on Linkedin
Techopedia on Linkedin
"Techopedia" on Twitter

Sign up for Techopedia's Free Newsletter!

Email Newsletter

Join thousands of others with our weekly newsletter

Free Whitepaper: The Path to Hybrid Cloud
Free Whitepaper: The Path to Hybrid Cloud:
The Path to Hybrid Cloud: Intelligent Bursting To Amazon Web Services & Microsoft Azure
Free E-Book: Public Cloud Guide
Free E-Book: Public Cloud Guide:
This white paper is for leaders of Operations, Engineering, or Infrastructure teams who are creating or executing an IT roadmap.
Free Tool: Virtual Health Monitor
Free Tool: Virtual Health Monitor:
Virtual Health Monitor is a free virtualization monitoring and reporting tool for VMware, Hyper-V, RHEV, and XenServer environments.
Free 30 Day Trial – Turbonomic
Free 30 Day Trial – Turbonomic:
Turbonomic delivers an autonomic platform where virtual and cloud environments self-manage in real-time to assure application performance.