Has it ever occured to you that banking particulars may be phished when transacting an online banking transaction?Well,the probability is high because of the vulnerabilities of web browsers and also the vulnerability found on some mobile banking apps.
Well two guys decided to experiment on how your info can
be phished and be used resulting to financial drainage.One of the guys logged onto a free wifi(unsecured) and proceeded into logging into his bank site and entered his sensitive banking particulars.The other guy on the other hand (a hacker) was monitoring the guy's activity on another laptop.In real time,the hacker had intercepted the logon info and could use it to his merit.
Thats why i prefer mobile banking.In online
banking,you are not sure if you are securefrom experienced cybercrooks.Plus,your browser may be communicating to a man-in-the-middle.
So what happens to the information that is stolen?Sometimes the information phished may be sold to other schemes in place to continue with the vice.A phishing site has a lifespan of 5 days.After that all the anti-phishing mechanisms start wiping out all the rogue sites.While transacting online,make sure there is a real time secure connection.The moment you are online,you cannot doubt the existence of black hats.Stay secure
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