SpyEye-fueled man-in-the-mobile attack targets bank customers
The customers of a European bank have recently been targeted by a man-in-the-mobile attack featuring a SpyEye variant. “The bank uses SMS based mTANs to authorize …
Bank of America customer and staff accounts compromised
News that some Bank of America customers from the Greater Detroit area have discovered their accounts were pilfered after their debit cards were declined has raised the …
Low-tech approach to ATM heist
ATM thieves in San Francisco have adopted an unusual and very low-tech way of getting their hands on some money. According to The SF Examiner, they simply glue down the …
Fraud losses drop on cards, cheques and online banking
New figures show that banking industry initiatives are successfully keeping the fraudsters away from customers’ cards and bank accounts. Fraud losses on UK cards, …
Simple protection steps from credit card fraud
Every year, cybercriminals steal billions of dollars from unsuspecting computer users and companies by committing credit card fraud. Although this activity was once relegated …
Teenage eBay fraudster damned by own journals
An Australian teenager has been sentenced two three years in prison after having plead guilty to over 100 charges of online fraud perpetrated on eBay. The fraudster effected …
Moldovan fraud ring mastermind arrested
A coordinated effort of the Irish gardai and custom officers has led to the arrest of a Moldovan man that is thought to be the leader of and mastermind behind an international …
What are banks not telling us about card fraud?
Reports that a Russian hacker has pleaded guilty of ripping off WorldPay, the online transaction processor, to the tune of $10 million, have met with a grim smile by Lieberman …
ATM skimmers don’t even have to be on the ATM
Careful ATM users know enough to give a hasty visual check to the machine before using it and to hide the keyboard while entering their PIN. Unfortunately, sometimes even that …
Hedge funds unprepared for cyber attack
With details trickling in about how the sophisticated Stuxnet computer worm derailed years of work on Iran’s nuclear program, many seasoned observers are left to wonder …
Banking Trojan incorporates legitimate remote control software
It seems that every technology made for “good” can be misused, and that also goes for software, apparently. An ESET researcher has recently received a sample of …
Undetectable fake ATM keyboard steals PINs in real time
Thieves and scammers are an inventive bunch, especially when it comes to stealing you money indirectly. And the latest discovery of a fake keyboard that is placed over an …