It's totally geared at identity theft. The trojan is specifically made to steal banking log-in information and to steal (confidential information) you use to purchase stuff online.

They pose as a customer seeking information about their account. So, in essence, it's a kind of identity theft.

We have no information that this case relates to identity theft or bank fraud.

Online banking account hijacking is the fastest-growing form of identity theft we monitor. Regulators want to get in front of the problem rather than be reactive.

Online banking account hijacking is the fastest-growing form of identity theft we monitor, ... Regulators want to get in front of the problem rather than be reactive.

Having civil and criminal identity theft penalties in place and continuing to inform Californians on how to prevent the theft of their personal or financial information will help stem this invasive crime.