Planned Cyberattacks on US Banks on Hold

Upwards of 30 major U.S. banks and financial institutions have been given a reprieve. The hacker behind a coordinated attack against giants such as Bank of America, Chase, Citibank, PNC, Wells Fargo and nearly two dozen other banks has called off the operation after media reports surfaced a month...

Cybercrime Gang Recruiting Botmasters for Large-Scale MiTM Attacks on American Banks

A slew of major American banks, some already stressed by a stream of DDoS attacks carried out over the past 10 days, may soon have to brace themselves for a large-scale coordinated attack bent on pulling off fraudulent wire transfers. RSA’s FraudAction research team has been monitoring undergroun...