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An advisory practice was the target of an attack, whereby the malware allowed the fraudster to...

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Programming

An advisory practice was the target of an attack, whereby themalware allowed the fraudster to gain access to an adviser’s logindetails for all systems he had used recently. The fraudster now hadaccess to every website or account that required a login. Thisincluded personal banking, platform desktop software, Xplansoftware and Facebook. The next time the adviser tried to log in tohis platform desktop software, he was locked out. He rang ouraccount executive team to report his access was locked. He couldn’tlogin, even though he was using his correct user name and password.The platform reset his password. The next day when the advisertried again to login, he was locked out of the system again. Itbecame obvious that the adviser’s user ID had been compromised. Atthis point, the user ID was deleted.

1. Identify the malware attack experienced in the abovescenario

2. What recommendations would you provide for preventing suchtype of attacks? The recommendations should be discussedindividually for the scenario and should not be a general list ofrecommendations

Answer & Explanation Solved by verified expert
3.8 Ratings (522 Votes)
Advisory practices attacked by a Trojan virus Case study 1 In this case study a number of advisory practices were subject to a targeted malware attack via a Trojan virus This virus helped the fraudsters an eastern European syndicate access several advisers PCs and obtain the login details for systems that had been used This attempted fraud took place while the practice was closed over the Christmas holidays We locked up the office that afternoon just before Christmas and went home We were all looking forward to a nice long break itd been a busy year We wouldnt be back in the office until the New Year Transactions were submitted to the platform over the Christmas period using several advisers user IDs Direct credit EFT bank account details were edited to credit the fraudsters mule Australian bank account From this account the    See Answer
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