Keylogging and Mass Identity Theft

An encryption software within the victims’ units can deter most bots from harvesting any real information. Unfortunately, some bots have adapted to this by installing a keylogger program in the infected machines. With a keylogger program, the bot owner can use a filtering program to gather only the key sequence typed before or after interesting keywords like PayPal or Yahoo mail. This is one of the reasons behind the massive PayPal accounts theft for the past several years.

Bots can also be used as agents for mass identity theft. It does this through phishing or pretending to be a legitimate company in order to convince the user to submit personal information and passwords. A link in these phishing mails can also lead to fake PayPal, eBay or other websites to trick the user into typing in the username and password.