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Bank accounts of 3 million Iranians compromised

A former manager of an electronic banking clearance and automated payments system in Iran got tired of waiting for banks to fix a security vulnerability that put their …

HSBC customers under phishing attack

Customers of HSBC, one of the largest banking and financial services organizations in the world, are currently being targeted with a fake warning of account suspension: The …

Is online banking like playing Russian Roulette?

Four out of ten consumers suspect they are playing with fire conducting financial transactions online, according to Entersekt. The study of 1,000 people, found that while the …

Zeus targets cloud payroll service to siphon money

With critical business services migrating to the cloud, service providers have become a prime target for cybercriminals. In the latest example of financial malware targeting …

Cybercriminals increasingly target financial services industry

A report published this week by PricewaterhouseCoopers (PwC) has revealed that the financial services sector is the most common target of cybercriminals, with cybercrime …

Rising SpyEye malicious code threat

AhnLab announced that its research has identified a significant majority of the domains and hosts for the SpyEye Banking Trojan are in the US. The malicious code has gained …

Voice analysis technology prevents phone scams

Nagoya University and Fujitsu developed the first technology to analyze phone conversations to automatically detect situations in which one party might “over …

Mousetrap Trojan steals money by chain reaction

Catalin Cosoi, Chief Security Researcher at Bitdefender warns of a new Trojan that robs your bank account. The new Mousetrap campaign starts with a Java applet that has been …

Carberp gang arrested in Russia

Eight men have been arrested in Moscow for having allegedly stolen over $2 million from the bank accounts of over 90 Russian individuals by infecting their computers with the …

Android banking Trojan steals both authenticating factors

The Zeus and SpyEye banking Trojans have recently been fitted with a new module that targets Android users that use their device as an added authentication method when …

New online banking fraud schemes target mobile users

Trusteer uncovered two online banking fraud schemes designed to defeat one time password (OTP) authorization systems used by many banks. Unlike a previous attack Trusteer …

The future of attacks on banking systems

If you’re a regular reader of our news site – or, indeed, any other that site that deals with information and computer security – you might sometimes get the …

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