Phishing and Key-logging Trojans Cost UK Banks £12m

Phishing scams and Trojan keystroke loggers were behind UK online bank fraud totalling £12m last year, according to the latest official figures.

It is the first year the online fraud figures have been collected but total UK card fraud losses rose 20 per cent to £504.8m in 2004 as revealed in the annual figures by UK payments body APACS. silicon.com

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