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Mobile banking threats among the leading malicious financial programs

For the first time ever, mobile financial threats rank among the top ten malicious programs designed to steal money. Another alarming trend is the rapid spread of ransomware, …

Hacktivists and cyber extortionists hit Greek, Russian, UAE banks

A number of “regular” and central banks across Europe, Russia and Asia have been targeted by cyber attackers.Last week, in the wake of Turkey downing a Russian …

Nine arrested in UK investigation of criminal network defrauding bank customers

Detectives investigating an organized criminal network responsible for defrauding bank customers across the UK out of approximately £60 million have arrested nine …

GreenDispenser malware makes ATMs spit out cash

“A new type of malware is being used to drain ATMs in Mexico of all the cash they contain. Dubbed GreenDispenser by Proofpoint researchers, the malware displays an …

Are you ready for EMV?

As retailers and banks prepare for the October 1 EMV liability shift—which moves fraud liability from issuing banks to merchants —many consumers have not yet received their …

Android SMS Trojans evolve, go after bank and payment system accounts

“Once upon a time cyber crooks used SMS Trojans to earn themselves money by subscribing users to unwanted premium mobile services. Today, the situation has changed, and …

New malware can make ATMs not give users’ card back

“A new type of malware that can be used to compromise ATMs independently of who their manufacturer is, and can make the machine steal card data but also the cards …

The cost of EMV compliance

Credit card companies are making the final call for US merchants to switch over to EMV chip technology in anticipation of the looming deadline. Merchants now have less than …

Carbanak APT still targeting high-value financial institutions and casinos

The Anunak / Carbanak hacking group continues to target banks, but has also now hitting Forex-trading companies, casinos, and other institutions from which it can steal large …

Disrupting trust models: An evolution in the financial services sector

The way we interact with service providers – whether travel organisations, music suppliers or retailers – has changed to be almost unrecognisable from five years’ ago. From …

Top obstacles to EMV readiness

By October 1, 2015, the majority of U.S. businesses must transition to EMV-capable technologies or become newly liable for any costs incurred from fraud using old magnetic …

Hackers targeting users of Barclays, Royal Bank of Scotland, HSBC, Lloyds Bank and Santander

19,000 malicious emails have been sent in three days from spam servers worldwide, inviting users to download an archive containing a malicious .exe file. Bitdefender warns …

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