5 methods used by hackers to penetrate your bank account and how to protect yourself

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Avatar for Hanane34
2 years ago

There are many types of fraud and breaches, and the most dangerous of them is your bank account. Be careful and think twice before writing your details or accepting any suspicious application.

Internet banking services make life more convenient, but it makes your money vulnerable to piracy as hackers search for methods and methods in order to use them to infiltrate and obtain entry details for your online bank accounts, and in order to be able to defend your bank account and prevent anyone from accessing it, you must know the methods that These hackers use it to steal your money through the Internet, and for this we will learn in this article on 5 methods used by hackers to penetrate your bank account and how to get rid of it.

5 methods used by hackers to penetrate your bank account

1- Trojans

These days, you can manage your bank accounts and all your money from your smart phone, and most banks provide their own official application that allows you to log in to your bank account in a safe environment, but this is not the case because hackers have found roundabout ways through the bank application.

2- Fake apps

The simplest way to attack is by creating fake applications, where the hacker designs a completely similar version to a bank application and then uploads it to an external site or a third party, and as soon as the victim downloads the fake application, believing that it is the official application of the bank, and entering the user name and private password With it, the login data is sent directly to the hacker, and then he is able to open your bank account easily.

3- Application fraud

This attack takes place by creating a normal application that has nothing to do with banking applications and has a Trojan horse virus inside, and when the victim tries to install the application on his smartphone, the Trojan horse activates and checks all files in the system to search for banking applications, and when the victim tries to open his bank application, The malicious software quickly opens a window similar to the official bank app and without noticing the victim entering their bank account login details via a fake login page. Then this data is sent to the hacker, and here he is able to access your account and open it without a problem.

How to protect yourself?

When downloading applications from the store, monitor the number of app downloads, if the number is very low and reviews are few or almost non-existent, it may be better not to download the application on your smartphone, also you may find an official application for a bank with a small number of downloads. Real and should not be loaded at all.

Likewise, be careful when installing applications that request many permissions, if a game asks you to obtain permissions to read SMS messages, it may contain malware, and you should not download applications from external sites because most of them contain malware.

4- Phishing

Phishing is a method by which hackers try to defraud and deceive users in order to obtain confidential and sensitive information that can be benefited from, and because users have become more aware, phishing methods have become more malicious, and one of the most difficult scams that hackers use is to infiltrate someone's email. Users, and from there the hacker sends emails to the contacts and people who are added to the mail and of course they open the message and click on the malicious link because it is coming from a previously trusted email and address.

What makes this type of attack devastating is that it comes from a trusted side with the difficulty of discovering the matter, and this is what happened with someone who tried to buy a house and unfortunately lost 67 thousand euros despite the fact that the e-mail he was sending is real and it is already belonging to a lawyer, but it was hacked and correspondence The victim is it.

How to protect yourself?

If the email address is somewhat suspicious, then it should be ignored and not clicked on any link inside it and it is preferable to get rid of it, but in the event that the email is correct and when you opened the message and you found a link, it is better not to click on anything and verify the person who owns the email via his phone or Maybe you can talk to him in a way other than his email, as the account may have been hacked.

5- Keyloggers

Keyloggers attack is one of the quietest ways in which a hacker can easily access your bank account, and keyloggers are a type of malware that, once it reaches the victim's device, records everything that is written on the keyboard.

Imagine what would happen if you opened a web browser and then typed the bank’s website and logged in. The hacker would have all the data he needed to break into your bank account and steal all the money in it.

How to protect yourself?

You can install a program that specializes in fighting this type of attack, specifically anti-virus software, which can not only provide protection from viruses but is also able to remove and get rid of any malicious software such as Keyloggers and get rid of them before causing any damage.

Also, if your bank supports two-factor authentication, be sure to activate this feature, and this reduces the effectiveness of the keylogger attack, because the hacker will not be able to penetrate your bank account even if he obtains the account login data.

6- Attacking the man in the middle

Man-in-the-Middle attack is one of the most dangerous attacks that may endanger your personal information, as the hacker sneaks between talkers in a network without their knowledge, and in a clearer sense, the hacker through this attack sneaks between you and the bank site that you deal with and intercepts all Files and data that you send to the other party and vice versa, and this is the man in the middle attack.

How to protect yourself?

Do not carry out any sensitive or important activities on a public or unsecured wireless network, and you should use safer networks when trying to access your bank account, such as your home network, and you must check the presence of the word HTTPS in the address bar every time you try to log in to the bank’s website. The site is fake and is not the bank's official website.

You can also use VPN services that provide you with a virtual private network that encrypts your data before sending it over the network, and if someone is monitoring your connection, they will not be able to decrypt that sensitive and unreadable data.

7- Hacking or swapping the SIM card

There is a type of attack that does not need to be hacked because it is a fraudulent attack known as SIM Swapping or SIM Swapping, and this attack takes place when the hacker obtains some of your basic information in order to use it in the next step which is to contact your network provider, claiming that it is you and that the phone has been lost And he wants to transfer the old number (your current phone number) to their "sim" card, and he may succeed in this attack because the service provider asks some questions that he is prepared for through the information collected about you.

After that, he can try to enter your bank account and request the verification code through the new number, which arrives on his phone instead of your phone, and thus becomes able to open your bank account without your knowledge and steal the money in it with ease.

How to protect yourself?

You need to keep your personal information and sensitive data in complete safety and avoid publishing it so as not to give hackers an opportunity to access your information and use it to infiltrate your bank account, and you must also know the steps that your service provider takes and does it provide protection for you against this attack or has easy defenses that can be hacked.

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Avatar for Hanane34
2 years ago


just dont trust anybody

$ 0.00
2 years ago

Thanks for helping the community with a helpful article that helps educate others or the real dangers to cyber security. As well as describing how to avoid many predatory practices they may possibly encounter. Many don't know where to start as far as banking safeguards in regards to hacking.

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2 years ago

Thanks for your participation. Yes, we must help each other and be careful not to be tricked.

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2 years ago