New gadget could allow safe banking
Australians who have concerns that their computer has been compromised by malware could soon use it to bank online anyway, thanks to a newly-developed gadget.
The country's Commonwealth Scientific and Industrial Research Organisation (CSIRO) has announced the creation of the Trust Extension Device, portable software loaded on to a memory stick which minimises the risk of identity theft or other fraud.
Dr John Zic, spokesman for CSIRO, explained that the gadget allows the user to run their own applications within their own, trusted computing environment.
"Wherever you go, whichever machine you run on, you and the issuer can be confident both parties are known to each other, cannot engage in any malicious acts and that the transactions are trusted," he added.
However, this device will not be commercially available for some time and is no cure for a PC infected with malware.
A virus can cause a machine to slow or freeze and can even allow documents to be destroyed.
Often such malware will seek to spread itself to the host's networked computers or email itself to their friends and family.
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