One of the largest cyber ‘war games’ ever created tested thousands of banking staff across London’s investment banks against the ‘worst case scenario’ – a major cyber attack on stock exchanges.
Cybercriminals are already targeting mobile banking apps as a “way in” to customer accounts – as witnessed in ESET’s discovery of a new, advanced Trojan, Hesperbot. But a new IBM system may help secure smartphones – by using near-field communications chips (NFC) for an additional layer of security. It’s the first system to allow “two-factor”
A new and effective banking trojan has been discovered targeting online banking users in Turkey, the Czech Republic, Portugal and the United Kingdom. It uses very credible-looking phishing-like campaigns, related to trustworthy organizations, to lure victims into running the malware.
Mobile banking apps pose an “important risk” to consumers as banks increasingly offer access to banking services via smartphones. A financial watchdog is to investigate the threat of bogus and malicious banking apps.
Mobile phones are now also being utilized for the purpose of managing some important personal assets such as money. According to a recent report that has been published by the Federal Reserve of US, around 48 percent of the smartphone users in the last 12 months have used the mobile banking platform for carrying out […]
ESET Mobile Security has scored full marks for detecting mobile banking threats in a group test conducted by Germany’s AV-TEST magazine, focused on detecting dangerous new banking Trojans.
A deep dive into Win32/Theola, one of the most malicious components of the notorious bootkit family, Win32/Mebroot.FX. Theola uses malicious Chrome browser plugins to steal money.
The official website of Pakistan’s Soneri Bank has been hacked and defaced by hackers from PakBugs. The website was left with a deface page along with a message, making fun of the bank, its admins for poor security and coding. On First Look I saw ” Security Seal of Norton Company ” But Soon After 5 minutes […]
Technical analysis of malware that abuses code signing certificates normally used to positively identify a software publisher and to guarantee code is unchanged.
Traditional banking could soon become a chapter of past. With e banking making a progress with each passing day and lot more people entering into it. Over the last few years people have moved a lot from traditional banking system to e-banking systems. Paypal has been leading the e-bank and is been growing with precision. […]
We have been following the development of the Win32/Gataka banking Trojan for several months and can now share some details of its operation which includes facilitating fraudulent bank transfers. This first post will highlight some of its key features, while the second will detail several interesting, more technical aspects of this malware. This banking Trojan
Recently, we’ve noted a steep rise in Android malware and predicted the rise in banking malware, now we see another example in the wild, this time SpyEye. Trusteer has a good rundown on it, saying “It seems that SpyEye distributors are catching up with the mobile market as they (finally) target the Android mobile platform.
In the survey, banks that were notifying consumers as quickly as possible or immediately across multiple channels performed well [and] they also improved cardholder confidence. Notifications over multiple channels were also significant.