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Improved SpyEye variant actively attacking Android devices

The first SpyEye variant, called SPITMO, has been spotted attacking Android devices in the wild. According to Amit Klein, Trusteer’s chief technology officer, the threat …

Multi-layer fraud prevention from IronKey

IronKey introduced the next generation of online banking security: an integrated platform of multiple security controls. This approach reduces the risk of online banking fraud …

New financial malware attacks global financial institutions

Trusteer warned that a second non-financial malware variant called Shylock has been retrofitted with fraud capabilities and is abusing its large installed base of infected …

New Zeus-based variant targets banks around the world

Another Zeus-based offering has been unearthed by Trend Micros researchers, and by the look of things, this one seems to be better crafted than the recently discovered Ice IX …

Ramnit worm uses Zeus Trojan tactics for banking fraud

Trusteer discovered the 18 month old file infecting worm Win32.Ramnit has morphed into financial malware and is actively attacking banks to commit online fraud. Ramnit …

Banking Trojan that steals from the rich

To be sure, it steals from the poor, too, but it contains a routine that automatically tries to transfer a rather large amount of money from the victim’s account to …

Santander customers targeted with clever phishing scam

Brazilian customers of Santander, one of the largest banks in the world, have been targeted by a very clever phishing scam that did not involve clicking on malicious links in …

Three jailed for online banking attack

Three men have been jailed for a total of 13.5 years for their part in a sophisticated and concerted attack on the UK and international banking system following an …

Citigroup admits breach, warns customers about phishing

Citigroup has finally made public the fact that it suffered a breach into its systems in May and that the names of some 200,000 customers, their account numbers and contact …

Skimming gang indicted, facing over 60 years in prison

Four people have been charged of conspiracy to commit bank fraud, conspiracy to commit access device fraud, aggravated identity theft and bank fraud in the Manhattan federal …

Bank not to blame for customer’s heavy losses from fraudulent transactions

A magistrate recommendation that is likely to become an official ruling could set a legal precedent welcome to banks all over the US, saying they are are not accountable for …

How banks use Twitter to combat fraud

With phishing attacks hurting the credibility of email communications, forward thinking banks are turning to social media as the best channel to warn customers of scams and …

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