4414 matches found
NJ Takedown puts spotlight on sophisticated bust out schemes
HED: NJ Takedown puts spotlight on sophisticated bust out schemes DEK: Mike Braatz of Memento Security says the complex schemes can run for years and may be the biggest source of banking fraud – but you didn’t hear that from the banks When FBI agents descended on Sang-Hyun a.k.a “Jimmy” Park and...
Zeus Variant Targets Mobile Online Banking Apps
Researchers have discovered a variant of the Zeus bot malware that specifically targets users who perform online-banking operations from the mobile phones, playing on the increasingly common use of SMS-based one-time passwords in order to dupe users into loading the malware. The attack begins wit...
Google Adds Two-Factor Authentication to Apps Accounts
Google has added a two-factor authentication mechanism to the login procedure for its Google Apps offerings, hoping that the addition will help cut down on the amount of fraudulent activity on these accounts. The way that Google has chosen to approach the problem of two-factor authentication is...
A Closer Look at Work at Home Scams
A recent chat with an individual who was almost tricked into helping organized criminals launder thousands of dollars stolen through e-banking fraud displayed one of the more clever and convincing money mule recruitment Web sites encountered. Read the full article. KrebsonSecurity...
Malwarians at the Gate: Banks, Businesses and ACH Fraud
Banks and their customers are on opposite ends of a feud over which is responsible when online banking accounts get hacked and pillaged. But where does the fault really lie? Banks and their customers are on opposite ends of a feud over which is responsible when online banking accounts get hacked...
Malwarians at the Gate: Banks, Business Customers and ACH Fraud
Banks and their customers are on opposite ends of a feud over which is responsible when online banking accounts get hacked and pillaged. But where does the fault really lie? And is there a cure for the plague of online banking fraud? You left your car unlocked. When you return, it was vandalized...
Malwarians at the Gate: Banks, Business Customers and ACH Fraud
Banks and their customers are on opposite ends of a feud over which is responsible when online banking accounts get hacked and pillaged. But where does the fault really lie? And is there a cure for the plague of online banking fraud? You left your car unlocked. When you return, it was vandalized...
TechCrunch Europe Was Hacked
TechCrunch Europe has cleaned up its website following the discovery of malicious code that left visiting surfers exposed to infection by a variant of the infamous Zeus banking Trojan. Read the full article. The Register...
Analyzing the Latest UK Banking Botnet
More details have emerged of how security researchers tracked down a Zeus-based botnet that raided more than $1m from 3,000 compromised UK online banking accounts. Read the full article. The Register...
6 Arrested in UK Online Bank Fraud Scheme
Six people have been arrested on suspicion of stealing credit cards, personal information and banking details as part of a suspected online banking fraud. Read the full article. Help Net Security...
iPhone Banking Flaw in Citi Bank App
Citigroup has urged customers conducting mobile banking from their iPhones to immediately upgrade because a security flaw in the older app secreted account information on the smartphone. Read the full article. Computerworld...
Regional Bank Trojans Slip Under the Radar
Cybercrooks have developed regionally-targeted banking Trojans that are more likely to slip under the radar of security defenses. Read the full article. The Register...
A Closer Look At Security Insurance
An inside look at a California-based engineering company defrauded by an online banking Trojan, automated clearing house transfers, East-coast based money mules, yet the company was holding a cybersecurity insurance policy and looks to recover all of its stolen funds. Read the full article...
Watching MiTB Behavior in Banking Attacks
Man-in-the-browser attacks are increasingly being used to successfully bypass authentication mechanisms used by online banking sites, according to a security researcher. Read the full article. eWEEK Security Watch...
Banking Botnet in Eastern Europe Steals, Disrupts
Banks in Russia and Ukraine are under continued siege by criminal gangs wielding a sophisticated, next-generation exploitation kit that hacks the financial institutions’ authentication system and then hits it with a denial-of-service attack. Read the full article. The Register...
New Tabbed Browsing Phishing Attack Exploits User Trust
A researcher has developed a new type of phishing attack that takes advantage of the way that browsers handle tabbed browsing and enables an attacker to use a script running in one tab to completely change the content in another tab. The attack, demonstrated by Aza Raskin of Mozilla, could be use...
The Coming Wave of Mobile Attacks
The pace of innovation on mobile phones and other smart wireless devices has accelerated greatly in the last few years, adding features, speed and computing power. But now the attackers are beginning to outstrip the good guys on mobile platforms, developing innovative new attacks and methods for...
Fire Alarm Co. Latest Credential-Theft Victim
A fire alarm company in Arkansas lost more than $110,000 this month when hackers stole the firm’s online banking credentials and drained its payroll account. Read the full article. KrebsonSecurity...
New Zeus Botnet Variant Targets Firefox
A new version of the data-stealing trojan Zeus is for the first time able to successfully exploit Mozilla’s Firefox browser to commit sophisticated online banking fraud. Read the full article. Secure Computing...
Top 20 'Critical Controls' from SANS Institute
The SANS Institute has released critical security controls for cyber defense agreed to by a consortium of agencies including: “NSA, US Cert, DoD, DoD JTF-GNO, the Department of Energy Nuclear Laboratories, Department of State, DoD Cyber Crime Center plus the top commercial forensics experts and p...