An online gang with ties to Romania and Russia has been bypassing two-factor, Android-based authentication systems - used by 34 different banks to authenticate customers - via the sophisticated Operation Emmental cybercrime campaign.
A Romanian has been sentenced to 45 months in prison for his role in a phishing scheme that netted thousands of credit and debit card numbers from U.S. financial institution customers.
An ongoing APT campaign employs decoy documents to lure potential victims into installing malicious remote-control tools. Targets include at least one bank, the BBC and many U.S. and EU government agencies.
It's not quite the cyberwar many have envisioned, but the United States and China are tangled in a brawl that resembles, in some respects, a combination of a trade war and cyber-sniping.
Phishing attacks targeting telecommunication companies' customers, which result in account takeovers, are on the rise, federal authorities warn. Security experts offer analysis of the trend as well as mitigation advice.
Concerns about ATM cash-outs and fraud reach new heights, as U.S. federal banking regulators warn institutions to watch out for the fraudsters' latest scheme, known as "unlimited operations."
On Christmas Eve, Target issued a warning about phishing scams linked to its breach recovery efforts. In response, the retailer says it is launching a dedicated resource page on its website for official communications.
A new takeover scam that the FBI calls a "man-in-the-e-mail" attack has drained $1.65 million from three Seattle-area businesses' accounts. Learn what steps to take to avoid becoming the next victim.
Information Security Media Group is offering a growing list of fraud-fighting educational opportunities, including videos of presentations at its recent Fraud Summit plus a series of 2014 summits.
A new Ponemon Institute study shows the average annual cost of cybercrime for 60 major U.S. companies rose 26 percent this year. Find out some of the factors contributing to the rising cost.
Spear-phishing attacks aimed at bank employees are on the rise, and community banks and credit unions are particularly vulnerable. Learn why experts say authentication is failing to address the problem.
The Fraud Summit, to be held Oct. 22, will provide timely insights on top trends and strategies for mitigating risk. A keynote address will offer a close look at Chase Bank's anti-fraud strategies.
Phishing attempts against bank employees are on the rise. How can institutions improve their defenses? Daniel Ingevaldson of Easy Solutions offers insights on how to combat advanced phishing techniques.
A new cross-device malware strain that has been linked to last year's High Roller attacks is defeating dual-factor authentication. Experts explain why banking institutions worldwide should be on alert.
The author of the forthcoming book "Secrets and Leaks" explains why the acts of NSA whistleblower Edward Snowden don't carry the same weight as those of Pentagon Papers leaker Daniel Ellsberg.
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