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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 …

$2.1 million stolen with clever social engineering

An unnamed fraudster managed to steal $2.1 million from a hospital chain’s Wells Fargo Bank escrow account by faxing a money transfer signed with a copied-and-pasted …

Self-selected PINs aren’t that hard to guess

Four-digit banking PINs are usually randomly assigned by banks after the issuing of credit and debit cards, but there are still some out there that let its customers choose …

Multi-layered cloud security for banks

ActivIdentity announced integrated fraud detection service and authentication capabilities for its 4TRESS Authentication Appliance. The all-in-one platform and cloud-based …

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