online banking
New Android malware RemControl steals banking PINs and blocks removal attempts
A new Android banking trojan called RemControl tricks victims into installing a fake TV app, then takes control of their phones to steal banking PINs, Group-IB has found. …
Researchers find a loophole that lets expired credit cards make unauthorized payments
A team from the University of Massachusetts Amherst has shown that a contactless credit card keeps working past its printed expiration date, even after the cardholder gets a …
Rokarolla Android trojan targets banking and crypto users, enables device takeover
A newly discovered Android banking trojan, dubbed Rokarolla, targets 217 banking and cryptocurrency applications and can execute 137 commands on infected devices, according to …
Android financial threats: What businesses need to know to protect themselves and their customers
The rise of mobile banking has changed how businesses and customers interact. It brought about increased convenience and efficiency, but has also opened new doors for …
How financial institutions can minimize their attack surface
In this Help Net Security interview, Sunil Mallik, CISO of Discover Financial Services, discusses cybersecurity threats for financial institutions. He also shares insights on …
Overwhelmed by fraud? Here’s how financial pros fight back
In this Help Net Security interview, Patrick Harding, Chief Architect at Ping Identity, discusses the growing threat of deepfake-related fraud and its impact on financial …
AI strengthens banking’s defense against fraud
Consumers are ready for the next wave of payment technology, including deployment of AI-driven biometrics to verify identity in digital-first account opening processes, …
Popularity of online payment goes hand-in-hand with fraud
NICE Actimize has released a report that identifies and analyzes the leading fraud threats and patterns that impacted leading global financial institutions in 2021. Noting …
Keep your digital banking safe: Tips for consumers and banks
In this interview for Help Net Security, Reza Zaheri, CSO at Quantum Metric, talks about digital banking security and what can banks, as well as consumers, do to protect their …
Consumers demand a digital banking experience with security at its foundation
The global transformation of banking and payments has only accelerated over the past few years, and between web trends and a global pandemic, the industry has seen disruption …
Tech support scams becoming the top phishing threat to consumers
NortonLifeLock published a report detailing the top consumer cybersecurity insights and takeaways from July to September 2021. The latest findings show tech support scams, …
Consumers embracing biometrics to protect their information
Consumers across the U.S. and Canada have embraced digital banking and biometric identity proofing during the COVID-19 pandemic, a FICO study has found. The study found that …
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