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[News] Banking from the Desktop? Use GNU/Linux

  • Subject: [News] Banking from the Desktop? Use GNU/Linux
  • From: Roy Schestowitz <newsgroups@xxxxxxxxxxxxxxx>
  • Date: Sat, 10 Oct 2009 09:20:43 +0100
  • Followup-to: comp.os.linux.advocacy
  • Newsgroups: comp.os.linux.advocacy
  • User-agent: KNode/4.3.1
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Security Fix Live

,----[ Quote ]
| Upper Marlboro, Md.: Hi Brian. Thanks for 
| all you do to help us deal with the "wild 
| west" of the Internet. I was freaked out 
| by your reports on the clampi trojan - 
| especially since no security software 
| seems to protect against it. The main 
| solution offered up - use a second, 
| dedicated computer for financial 
| transactions - is a non-starter for many 
| in this economy. Also, if the trojan 
| infects a national bank, a home user can 
| become a victim even if s/he does 
| everything required for safe computing. 
| Besides buying a second computer (not 
| gonna happen) what are some realistic 
| steps that home users can take? Help!
| 
| Brian Krebs: Yeah, I hear you on the 
| buying-a-second computer thing. But there 
| are other options. A few chats ago, I 
| recommended Live CDs as an option. The 
| beauty of this approach is that you 
| download a bootable Linux installation, 
| burn it to a CD-Rom drive, and boot from 
| the CD straight into linux. The only cost 
| is the penny or so for the blank CD. The 
| operating system is free, and when you 
| close it down, all data/changes are 
| wiped. Clean slate. Best part is you 
| don't need a second computer. Take the 
| CD-Rom out of the disk drive, restart, 
| and you're back into Windows again.
| 
| There are literally hundreds of these 
| free Live CD distributions out there. You 
| can install them as your main PC if you 
| want, but by default they run striaght 
| from the CD. The last chat, I think 
| someone suggested Puppy Linux, and I have 
| to say I hadn't tried it before then, but 
| I have since, and it's extremely small, 
| lightweight and very fast. 
`----

http://www.washingtonpost.com/wp-dyn/content/discussion/2009/10/08/DI2009100801148.html

NSW Police: Don't use Windows for internet banking

,----[ Quote ]
| Cybercrime expert endorses Linux, iPhone 
| when banking online.
| 
| Consumers wanting to safely connect to 
| their internet banking service should use 
| Linux or the Apple iPhone, according to a 
| detective inspector from the NSW Police, 
| who was giving evidence on behalf of the 
| NSW Government at the public hearing into 
| Cybercrime today in Sydney.
`----

http://www.itnews.com.au/News/157767,nsw-police-dont-use-windows-for-internet-banking.aspx


Recent:

Nasty banking Trojan makes mules of victims

,----[ Quote ]
| A sophisticated Trojan horse program designed to empty
| bank accounts has a new trick up its sleeve: It lies to
| investigators about where the money is going.
|
| First uncovered by Finjan Software last week, the
| URLzone Trojan is already known to be very advanced. It
| rewrites bank pages so that the victims don't know that
| their accounts have been emptied, and it also has a
| sophisticated command-and-control interface that lets
| the bad guys pre-set what percentage of the account
| balance they want to clear out.
`----

http://www.computerworld.com/s/article/9138978/Nasty_banking_Trojan_makes_mules_of_victims


Saving a Billion Using Open Source

,----[ Quote ]
| A leading bank in India saved Rs 100 crore by moving from MS Office to Open
| Office. It is simple mathematicsâif MS Office costs Rs 11,000 per user, and
| the organization has 1,00,000 desktops, the company would save a cool Rs 110
| crore on licensing costs if it moved to Open Office. Even if we budget Rs 10
| crore for training and support costs, the company would end up saving Rs 100
| crore.
`----

http://networkcomputing.in/Saving-a-Billion-Using-Open-Source-Open-Mind-001Sept009.aspx


Related:

FNB switches 12 000 desktops to Linux

,----[ Quote ]
| With 12 000 desktops switching to Linux this is very likely the
| most significant Linux and open source implementation in South
| Africa to date.
`----

http://www.tectonic.co.za/view.php?id=1562
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