A method for processing an image captured by a fisheye lens of an image capture device. The method obtains a point (Px, Py) from an object plane of the fisheye lens, calculates a first projection point (Fx*, Fy*, Fz*) of the obtained point (Px, Py) on a first image plane of a virtual lens, calculates a second projection point (Fx, Fy) of the point (Fx*, Fy*, Fz*) on a second image plane of the fisheye lens, and obtains transforming formulae between (Px, Py) and (Fx, Fy). The method further obtains a back-projection point for each point of the captured image on the object plane of the fisheye lens according to the transforming formulae, and creates an updated image of the specified scene from the back-projection points.