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Banker Trojans Detected in 2007 Increased by 463 Percent

Banker Trojans are a very efficient tool for cyber crooks, since these malicious codes are designed to steal bank details and account numbers.

The percentage of banker Trojans detected by PandaLabs last year rose 463 percent over 2006. This increase in detection rates has been possible thanks to the development of an innovative security system called 'Collective Intelligence.'

The system is based on the collection of information concerning malware from the Internet community and the automated processing of this data in new datacenters. The data is correlated and used to offer greater detection ratios and improve the security of Panda customers, who thanks to the Collective Intelligence, now have more efficient and easy-to-use products.

"There are currently thousands of new malware samples appearing every day. Before developing the Collective Intelligence system, it was difficult to analyze and classify all the information. But now, the analysis and collection process which determines if a file is malware or legitimate, is done automatically, allowing us to protect our customers quicker and more efficiently against the latest threats," explains Luis Corrons, Technical director of PandaLabs.

The spectacular increase in the amount of banker Trojans corresponds to the new malware dynamic. Cyber crooks no longer seek fame or notoriety with their infections, but financial benefits. In this sense, banker Trojans are a very efficient tool for cyber crooks, since these malicious codes are designed to steal bank details, account numbers, etc. which are later used to empty users' bank accounts.

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