Cyber Attacks Hit Nearly 40 South Korean websites !

According to a new report, 40 South Korean websites came under a cyber crime attack by a computer virus, including the presidential Blue House, South Korea's biggest bank , a major online auction house, the Foreign Ministry, the two largest search engines in the country and Korean military websit...

New banking trojan capable of hijacking the SSL connections !

Security researchers from Symantec warn of a new banking trojan capable of hijacking the SSL connections between browsers and online banking sites in a way that is hard to spot. Variants of this malware, which Symantec detects as Trojan.Tatanarg, have been in circulation since last October, but i...

Irish Banking Fraud Ring Uncovered

A Moldovan man alleged to be the mastermind behind an international fraud ring that targeted both private and corporate bank accounts has been arrested in Limerick, Ireland, in a joint operation by Gardai and customs officials. According to a report in the Irish Independent, this operation was...

New Phishing Scam Targets PayPal Users

Customers of Internet money transfer service PayPal are being targeted in an aggressive email phishing scam that is masquerading as an urgent security warning, a familiar scam for PayPal customers. Users of PayPal are receiving an email message from them that claims to be an urgent security...

OddJob Trojan Piggybacks On Legitimate eBanking Sessions

A new Trojan leads online banking customer into thinking they have logged out of their sessions when in fact they remain logged in. Discovered by Trusteer researchers, this completely new piece of malware represents the evolution of online attacks in the ways in which it integrates new and old...

Windows Loses Hacker Star Status In Next Decade

The next decade will see Microsoft lose its grip as the most-used and most attacked platform, as a new generation of hackers and cybercriminals diversify, launching attacks on a growing population of mobile devices and computers that run operating systems other than Windows, according to Kaspersk...

Online security losing cyber battle !

THE internet was never meant to do sensitive banking transactions, cyber criminals are winning the war against online security and Australia's easy going nature is making us vulnerable targets to ever-more sophisticated internet thugs. That was San Francisco-based internet security watcher and...

Google Adds Two-Factor Verification to Gmail

Google has introduced a new two-step authentication feature for Gmail users that it says will significantly increase the security of the free mail service. The system enables users to set up a method for obtaining a secret code that will be required, along with a password, to access a Gmail...

PandaLabs Uncovers the Cyber-Crime Black Market

Inventory is growing and prices are dropping on the cyber crime black market, according to a new report from security firm Panda Labs. Stolen banking credentials, malicious programs and stolen credit cards are all for sale online in what Panda experts say is a flourishing criminal black market...

Tips for Make Mobile Banking Safe And Secure !

As we all know that wireless applications have numbers of vulnerabilities higher then the wired applications and the devices. In India there are not lots of people who do banking through mobile but outside India there are high profile countries in which many people do banking through mobile only....

Anthony Scott Harrison suspended jail for capturing baking details from 2000 computers !

An Adelaide computer hacker has received a suspended jail term after infecting more than 2000 computers worldwide with a program to capture banking details. Anthony Scott Harrison, 21, used the internet to teach himself the necessary hacking and programming skills to launch his attack in 2009, bu...

Attackers Broke Malware Records In 2010 !

Last year saw a record-setting number of new threats appear online. In particular, criminals managed to create one-third of all viruses ever seen, 34% of all malware in existence, and 40% of all known fake AV. Those findings come from a study released Wednesday by PandaLabs, the malware research...

Survey Finds Banks Struggling As Fraud Grows

A survey conducted by Information Security Media found that new fraud methods, including phishing and Internet enabled account takeovers are an increasing problem for banks, but that many organizations are ill equipped to combat the new threats. Online bank fraud is a growing problem in the U.S...

Geinimi Trojan targets Android devices !

A data-stealing Trojan affecting Android devices has emerged in China. The Geinimi Trojan sends location co-ordinates, unique device identifiers, and a list of installed apps on the infected device to a remote server. Additionally, it can independently download applications and prompts the user t...

India to Increase Phone Banking Security Starting Next Month !

Starting with January 1st, 2011, Indian banks will require an additional security code in order to authorise phone banking transactions, according to regulatory guidelines issued by the Reserve Bank of India RBI. Known as one-time passwords OTP, these codes are part of what is known as two-factor...

Engineering student arrested in Bhopal for hacking bank accounts !

An engineering student has been arrested in Bhopal for hacking third party bank accounts to book railway and air tickets, police said. Sunny Kumar 20, a student of private engineering college, was arrested by Cyber Cell police on Tuesday for hacking third party accounts for transferring cash to...

Hacker Infects 2,300 Computers; Court Hears Case of Youthful Curiosity

A hacker who infected over 2,300 computers with a virus capable of stealing banking details did not have serious criminal intentions, a court has heard. Today, lawyers for Anthony Scott Harrison argued that his "youthful curiosity" led him to hack into other people's computers to steal money...

Adelaide Hacker Infects 2,370 Computers in Global Cyber Attack

An Adelaide hacker infected over 2,000 computers in Australia and overseas with a program designed to capture banking details, a court has heard. Anthony Scott Harrison, 20, learned hacking and programming skills online and launched his attack in 2009. He was caught when suspicious web activity w...

5) Duh. Patch.

Much as we like to blame cybercriminals or unscrupulous merchants, much of the responsibility for security is in our hands. In particular: we’re responsible for the security of our computers and mobile devices. That’s especially true when we’re planning to use those systems to go shopping online,...

Image of the Day: Mapping E-banking Fraud

We spend our days combing the ‘Net for interesting security happenings and also noting the great work that other reporters and researchers are doing on the security front. Usually that means traditional reporting work: pulling together information from a bunch of different sources, digging for...