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Bank of America customers under phishing attack

Bank of America customers, beware – the old “account suspended” warning purportedly sent by your bank’s Cardmember Services is hitting inboxes once …

Gang steals over $1M by exploiting Citigroup e-payment flaw

Fourteen individuals were charged following a FBI-led investigation into the theft of over $1 million from Citibank using cash advance kiosks at casinos located in Southern …

Banker pleads guilty to sharing personal information of account-holders

LeRoy Brown, a former personal banker from Washington, D.C., pled guilty to conspiracy to commit bank fraud for his role in an identity theft scheme involving $121,400 in …

Major U.S. banks still under DDoS attack

PNC Bank seems to be the latest target of the organized DDoS attacks agains major U.S. financial institutions such as JPMorgan Chase, Bank of America, Wells Fargo, Citigroup, …

Mobile banking trends and hidden risks

While mobile banking apps are growing quickly in popularity, 68 percent of smartphone owners who have not yet adopted these apps are holding back due to security fears, while …

Chip and PIN payment card system vulnerable to “pre-play” attacks

The chip and PIN system employed by most European and Asian banks is definitely more secure than the magnetic strip one, but it doesn’t mean that it doesn’t have …

What’s so special about Gauss?

Kaspersky Lab experts have recently notified the world of the existence of another piece of malware that seems to have come from the same workshop(s) that pushed out Stuxnet, …

New financial malware targeting banks avoids AV detection

Two years ago, Trusteer discovered Silon, a financial malware that was defrauding online banking customers protected by two factor authentication systems left and right. In …

US banks targeted with advance-fee scams

It seems that gullible or desperate individuals aren’t the only ones who fall for advance-fee scams, as the US Federal Deposit Insurance Corporation has recently …

DDoS attacks aimed at telecom systems are on the rise

DDoS attacks are usually seen as the domain of hacktivists and hackers looking to block – then blackmail – companies that are heavily dependent on their Internet …

Massive crime ring automates bank fraud, steals tens of millions

Two-factor authentication schemes have definitely been proven to be ineffectual as news of a massive global financial services fraud campaign that targeted well-moneyed …

Rising malware threat for banking credentials

AhnLab cautioned against increasing variations of SpyEye trojan and ZeuS bot that attempt to steal personal banking information all over the world. Lately, the AhnLab Security …

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