Swiss Bank Hit by Love Bug Variant

Swiss bank UBS AG says only a small proportion of its electronic banking customers are at risk from a targeted e-mail virus. In a statement Thursday, the bank said the virus, a variant of the "Love Bug" virus which circulated in May, only affects the minority of customers who have loaded UBS PIN (personal identification number) software on their computers.

Like "I Love You," the virus is spread via Microsoft Outlook. It carries the subject line "resume" and an attachment titled "resume.txt.vbs." As soon as the attachment is launched, the virus tries to steal UBS banking codes off the computer.

The bank said current updates of anti-virus programs will successfully delete the virus, and that is has not received word of any damage caused. UBS added that it is planning legal action against the as-yet unknown author of the virus.

UBS, in Zürich, can be reached at +41-1-234-41-00 or online at http://www.ubs.ch./

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