Suppose the author of an online banking software system has programmed in a secret feature so that the program emails him the account information for any account whose balance has just gone over $10,000. What term best describes this approach to computer crime and what are some of its harm?

Answer and Explanation:

This type of attack is caused by Trojan Horse.

Most of the times, Trojan is veiled as genuine programming which for this situation is an internet banking framework and can empower the spying by the cyber criminals, theft and gain to remote access to your framework and data. These activities can include:

Erasing information or data Key logging Information Corruption / Corruption of data Duplicating data Blocking information

Among other hurtful activities none of which look good with the beneficiary PC.