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Keyloggers Replace Phishers

Tags » Online Banking, Phishing, Security

Phishing is already passé among global cybercriminals - according to Tom Zeller Jr.'s article "Cyberthieves Silently Copy as You Type" in Monday's New York Times.

What's replacing phishing is the "keylogger" - hidden software surreptitiously downloaded to a user's computer that captures and reports back the specific keystrokes entered by the user - including username/password combinations.

In fact, keylogging's simplicity may be why it is suddenly so popular among thieves. "Phishing takes a lot of time and effort," said David Thomas, the chief of the computer intrusion division at the Federal Bureau of Investigation. "This type of software is a much more efficient way to get what they're after."
Zeller's article reports that as many as 10 million or more computers in the US are estimated by industry experts to already have keyloggers installed.

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