Internet banking customers should be on guard against a new computer malware, said the Association of Banks in Singapore (ABS) on Thursday.
In a statement, it warned customers to look out for "SpyEye", a Trojan Horse malware that targets local Internet banking applications after a few cases were reported recently.
When a user tries to access the bank’s Internet banking application from an infected computer, the malware tries to create a false third party beneficiary addition and funds transfer. Full story
