Spyware Security Advisory: Awareness and Protection

On 6th April 2005, the Monetary Authority of Singapore (MAS) has issued a "Security Advisory" circular to alert the financial institutions on various Internet security threats (such as phishing1 , pharming2 , fake emails, website impersonation, trojan horses3, worms4, viruses5, keyloggers6 ). In particular, the threat of spyware was highlighted.

AIA is committed to protecting the confidentiality and integrity of our customers' information. The Technology Risk Management team would like to bring to your attention the potential threat of spyware so that we can protect the valuable corporate assets together. 

What is "Spyware"?

Spyware is an emerging Internet security threat. Advertised as a means to improve Internet connection speed and gain other benefits, some spyware, when installed, redirect and re-route the Internet connections of users through spyware servers. Communication traffic and customer transactions routed through such servers are susceptible to unauthorized access and disclosure. As a result, customer PINs, passwords, usernames, credit card numbers, account identifiers, financial transactions and other confidential data might be exploited.

What are the common symptoms of "Spyware infection"?

How can "Spyware" get into my computer?

Spyware can be installed through the following techniques:

How can you protect your PC from "Spyware"?

Incident Reporting