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Kelogger Scam Police Foil $420 Million Keylogger

Last reviewed: July 21, 2013 ~5 min read
Abstract

This paper is about the kelogger scam. The keyloggers attack is one of the most significant types of content security threat. The attack used to capture information about the usernames and passwords. The attack used was the attempt to gain access to the classified information that is later used to transfer money form the bank accounts.

Kelogger Scam

Police Foil $420 Million Keylogger Scam

Measures to deter these types of crimes

Categorize the type of modern attack(s) or computer crime(s)

Technologies to deter the threat

Summary of similar success stories

Measuresto deterthese types of crimes:

The white color and computer crimes can be tacked using sophisticated measures and appropriate controls. The cyber security is notably related to the virtual control of the computing services and IT infrastructure but at the same time it also requires that that the physical premises and controls are also in place. The effectiveness of IT infrastructure and security measures requires any institution including the financial services providers to act in accordance with the legal requirements. The security policy of the corporation should incorporate physical and virtual measures of control. In case of keylogger scam it is observed that the act is not possible only through an outsider's job. It required an inside access along with the loose external IT security controls.

The government, enterprises, and individuals should ensure that the IT policy is developed and implemented. After implementing the IT security policy it should also be regularly audited and the flaws should be removed. Along with the passage of time it is required to update the system according to the latest requirements and security threats. The periodic audit of the IT infrastructure will enable the system to be updated and respond to the latest threats of security breach. The personnel using the IT system should also be trained and informed with respect to the system expectations and their duties of care (Casey, 2011).

Categorize the type of modern attack(s) or computer crime(s):

The keyloggers attack is one of the most significant types of content security threat. The attack used to capture information about the usernames and passwords. The attack used was the attempt to gain access to the classified information that is later used to transfer money form the bank accounts. The Keylogger attacks can be made through hardware and software installation. These are two unique ways to access information from the victim computers. The software keyloggers are a part of the system that is related to the spyware. The hardware keyloggers are based on the physical attachments and requires inspection in order to detect. The popular and most common keylogger is the keyghost. It resides between the keyboard connector and the computer. The attackers access the information form the keyloggers through retrieving them form the victims and installing on their own system. Then information is accessed and key sequences are denoted. The hardware surveillance is essential along with the software updating of the antivirus systems. The agreement offered by various software services provides enables the users to place high value for the ports and these values are later used to access the information stored in the computer. Spyware is used to continuously access the information and in combination with the keylogger it provides access to the classified information such as access codes and passwords. The spyware keylogger is one of the long standing and continuously developing potential virus that can create multiple issues in computing and IT security (Easttom, Taylor, & Hurley, 2010).

Technologies to deter the threat:

The keyloggers as described earlier are of two different types. The physical keyloggers can be deterred through physical inspection. The physical inspection of the system and controlled security of the IT infrastructure is one of the requirements. The IT security policy of the corporation should include both physical and virtual controls. The effectiveness of the physical keylogger is dangerous and it can also provide access to the complete IT system of the organization. The deterrence of the software and spyware keylogger is related to the implementation of the ant-virus system and network security controls. There are various cautions that can be taken as a policy including the limited access to outside login and unsecured login of the unrelated networks. All these efforts combined provide unique combination of the deterrence strategies. It also enables the organizations to establish the required controls in terms of physical and virtual surveillance. The regular IT audits and periodic checks are necessary to assert control and determine the system performance (Graves, 2007).

Summary of similar success stories:

The usage of keyloggers as an illegal tool to access key information and gain control of the computer accounts is widely observed in various industries. It is not only concerning the banking and financial institutes but at the same time it is also regarding the insurance companies, medical clinics, and hospitals. It is also noted that the usage of keyloggers to tap in the telephone conversation and access the information with respect to the key personal records has increased.

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References
4 sources cited in this paper
  • Casey, E. (2011). Digital evidence and computer crime: Forensic science, computers, and the internet. USA: Elsevier.
  • Easttom, C., Taylor, J., & Hurley, H. (2010). Computer crime, investigation, and the law.USA: Cengage Learning.
  • Graves, K. (2007). CEH: Official Certified Ethical Hacker Review Guide: Exam 312-50. USA: John Wiley and Sons Inc.
  • Holz, T., Engelberth, M., &Freiling, F. (2009). Learning more about the underground economy: A case-study of keyloggers and dropzones (pp. 1-18).Springer Berlin Heidelberg.
Cite This Paper
PaperDue. (2013). Kelogger Scam Police Foil $420 Million Keylogger. PaperDue. https://www.paperdue.com/essay/kelogger-scam-police-foil-420-million-keylogger-97644

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