Two weeks after authorities on two continents arrested cyber criminals linked to the Zeus malware, Microsoft has added the infamous Trojan's signature to one of its best removal tools in an effort to hunt down infected machines.
In response to the ongoing threat of ACH/wire fraud, Sen. Charles Schumer, D-N.Y., has introduced a proposed amendment to Regulation E that would give municipalities and school districts the same level of protection as consumers.
Determining whether returning customers are genuine or imposters can no longer rely upon just Positive Identity Verification solutions. Fraudsters simply use stolen identities, hidden proxies, botnets and scripted attacks to evade discovery. Today, there is a new generation of Negative Identity Verification solutions...
The Catholic Diocese of Des Moines, Iowa, fell victim to a $600,000 ACH fraud theft and becomes another in the growing list of businesses and entities that have suffered huge losses as a result of these crimes.
A working group created by the Financial Services Information Sharing and Analysis Center is honed in on developing best practices for institutions and their customers to help fight corporate account takeover.