Just six months after law enforcement agencies coordinated a takedown to disrupt online banking credential theft linked to the banking Trojan Dridex, the malware has re-emerged with new attack tactics and new targets, researchers say. U.S. bank accounts and businesses are now primary targets.
Card fraud, account takeovers, business email compromises and emerging cybersecurity regulations and risks have kept, and continue to keep, plenty of CEOs and CISOs up at night. While it's impossible to focus time, energy and resources on all of today's fraud and cybersecurity risks, wise banking executives have...
Fraudsters are increasingly using global brands, including Apple, to fool consumers into providing personal and financial information that can be used to compromise financial accounts. Experts offer insights on the latest trends and how to respond.
Distributed-denial-of-service attacks on banks are more powerful than ever, but we hear less about them than we did three years ago. How have attackers changed their tactics, and why should we be even more concerned about their strikes?
Real-time fraud detection isn't new to financial services but new products, channels and faster payments initiatives are accelerating the need for speed when it comes to meeting customer expectations. Consumers need to feel confident that effective risk management is in place, even as they demand convenience and...
The takedown of Gameover Zeus taught law enforcement and banks many lessons, including that Trojans are being used to steal corporate secrets, not just money, says Eward Driehuis of Fox-IT, which investigated the threat actors behind the Trojan.
As various batches of stolen credit card "dumps" are offered for sale with discount structures and money-back guarantees, it is clear just how sophisticated the Fraud Ecosystem has become. The fraudsters and their support teams have created well-organized forums offering a broad variety of products that constitute a...
The FFIEC warns U.S. financial institutions that they're at increased risk from attacks that are designed to harvest large amounts of credentials, as well as from destructive "wiper" malware attacks.
All organizations with an on-line presence need to quickly and efficiently detect hackers and fraudsters. However, to avoid frustrating the very people you want to feel welcome, it's critical that authentication processes be as simple as possible.
The newest generation of authentication technology utilizes shared...
Part 1 - Fraud Ecosystem
In June this year, the "Ronald Reagan" batch of credit cards (potentially those stolen from P.F. Chang's) joined the "Barbarossa" batch from Target in becoming publicly available for purchase. These cards were featured on the popular Rescator card shop (stolen card data marketplace), which...
Fraud Ecosystem
In June this year the "Ronald Reagan" batch of credit cards (potentially those stolen from PF Chang's) joined the "Barbarossa" batch from Target in becoming publicly available for purchase. Featured on the popular Rescator card shop (stolen card data marketplace), with advanced features like money...
One month after an international law enforcement effort targeted the Gameover Zeus banking Trojan, new versions of the malware are being distributed via spam campaigns.
Security researchers say the international takedown of the Gameover Zeus botnet and servers for CryptoLocker ransomware will have a positive short-term impact, but they warn the threats could quickly re-emerge unless key steps are taken.
The arrests of more than 90 individuals for their alleged involvement in the use of BlackShades malware is a sign of progress in the global fight against cybercrime, but some experts question whether the crackdown will serve as a fraud deterrent.
Major cyberthreat concerns for banking institutions in 2014 include DDoS attacks, mobile malware, ransomware and insider threats, among others. Experts offer insights on mitigation strategies.
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