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Glossary

In this list, you will find explanations of some terms frequently used in connection with Information Security. These will be explained in as simple terms as possible.

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Malware

The term malware is made up of the terms «malicious» and «software». Malware is the generic term for software executing harmful functions on a computer (e. g. viruses, worms, Trojans, ransomware).


Man-in-the-Middle (MitM)

With a Man-in-the-Middle attack, malicious software will intervene into an e-banking session by interposing itself unnoticed between a user’s computer and a financial institution’s server, to then take control of data traffic.


Media Access Control Address (MAC Address)

This is the individual identification number of a device on a network. This ID is usually set at the factory. It could be compared to a car’s chassis number.


Money mule

The term money mule (also called financial agent) denotes people receiving money into their own bank account to pass it on abroad against payment. These funds almost always come from illegal deals. Money mules are generally recruited via lucrative job offers promising a chance to quickly earn large amounts of money. Anyone participating in such «deals» risks prosecution for aiding and abetting money laundering transactions.



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