7 tips to protect yourself from malicious software,
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Malware, spyware and key loggers use cyber criminals to get sensitive information from unexpected consumers in three ways.

According to the latest Digital Banking Crime Statistics report, more than half (55%) of gross deficits are online due to the reported crime to the SA Banking Risk Information Center (SABRIC).

Gross deficit is used to refer the total loss to the bank along with the consumer in the banking industry. Therefore, there are instances where the bank had a refund to the customer.

Malware can be defined as a program or file for the purpose of harming or disabling computers and computer systems without user knowledge.

Malware may contain computer viruses, worms and Trojan horses.

A "Harm" stand is a standalone malware computer program that repeats itself to spread to other computers.

A Trojan Horse is a type of malware that is often hidden in legitimate software.

Spyware is a software that collects personal information such as a credit card number of a person without knowing it, that it is happening.

The information can then be sent to criminals without the consent of the consumer, where it can be used for fraud.

Key loggers are devices that will record every keystroke made by the user. Keystroke logging is malicious spyware that is used to capture sensitive information such as passwords or financial information.

This sensitive information is then sent to the third party for exploitation by the criminals. Some major loggers work as hardware pieces.

Read: Crypto-Jacking: New, Silent, and Hard IT Security Needed

Tips for SABRIC to Protect Yourself against Malware, Spyware and Keyloggers:

Avoid downloading pirated software as it may contain malware. Be wary of fake anti-virus software that is offered free as it may contain malware. Do not use the same password on social platforms and for internet banking. Banking site after logging off the internet after completing the transaction. Do not use public computers for internet banking.
Use security patches only from respected vendors. Use strong passwords, including letters, numbers, and symbols.