Re:Bitcoin trojan caught in the wild
by rmc on Friday June 17, 2011 @04:53AM
(#2664876)
What about your passwords to your real-life bank accounts?
Your bank has ways to make that more secure. If someone logs into your account from a strange IP (e.g. different country from the bank and customer), if someone tries to transfer money online, you might need to enter another password (which they might not have), or it might be based on a fob that generates a code. If you do manage to transfer money to your account, they can now follow the money to find out where you are and arrest you.
BitCoin stealing doesn't have any of these drawbacks, so is probably a much more tempting target.
Your bank has ways to make that more secure. If someone logs into your account from a strange IP (e.g. different country from the bank and customer), if someone tries to transfer money online, you might need to enter another password (which they might not have), or it might be based on a fob that generates a code. If you do manage to transfer money to your account, they can now follow the money to find out where you are and arrest you.
BitCoin stealing doesn't have any of these drawbacks, so is probably a much more tempting target.