How hacking is done into a bank?

Interested in knowing how hacking is done into a bank? You will be surprised that there are many methods to hack and also these are used by hackers. Let’s look at some of the best methods known.

 

Phishing

Phishing Techniques is one of the common methods that we know as the public this form of method. People, although they are aware hackers, have stepped up to trick customers into clicking on their cloaked links. These techniques are very tricky and can be done via mails and one shocking fact about this hack is how hard to identify to detect the scam. The tactics is hacking solicitors’ email accounts and sending phishing emails from a trusted address in advance.

Keyloggers

keylogger is a kind of malware or software that records what customers type on the screen. It then returns the letter/digits/ alphabets and it returns the information to the hacker. Many aren’t aware of this approach of hacking because it is like a cold method that a hacker can reach your bank account.

The hacker will have everything they need to break into your account. You might if it is really possible for hackers can hack your account, this malware tracks whatever you type on the website of your bank followed by your username and password.

 Man-in-the-Middle Attacks

Often, to get your information, a hacker can target the communications between you and the website of your bank.  Such attacks are called attacks by Man-in-the-Middle (MITM). Basically this MITM hacker can carry out the attack by tracking communications between the user and the service providers.

A MITM attack typically involves controlling a vulnerable server and analyzing the data passing through. When you send your login information over this network, your information is “sniffed out” by hackers and stolen.

Often when entering a URL a hacker may use DNS cache poisoning to alter which site you are visiting.  So it might make you confused because the site that you want to visit will be cloned site will look the same as the real thing; if you are not careful, then you will end up giving your login information to the fake site.

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