Bank gets its sticky fingers on inventor's keyboard program

Noseweek Issue #204, 1st October 2016   By Ciaran Ryan


Bank gets its sticky fingers on inventor's keyboard program

Did Standard Bank lie and cheat to steal an idea worth billions?

When atm and internet fraud started seeping into public consciousness in the 1990s, Joburg-based software development company Advertising Digital Services (ADS) came up with a novel solution to a growing problem: hackers had found a way to secretly install a program on computers that would record keystrokes and mouse-clicks when users were logging on to sensitive websites.

With this information, they could empty a bank account from anywhere in the world.

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Keywords:
Standard Bank
Advertising Digital Services
Corneil du Plessis
Johan Reynders
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Submitted by : Jenny S on 2016-09-25 09:06:09
I hope that Standard Bank get their just desserts - Vodacom thought they were untouchable and got taught a painful lesson. The public are sick and tired of tainted legal cases where justice is denied.

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