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?

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.