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Court decides bank is not to blame for $440k cybertheft

In many ways, small businesses are the perfect target for money hungry cyber crooks. Smaller companies are unlikely to have dedicated IT employees, making it less likely they …

There’s a new banking Trojan in town

A new piece of banking malware is being delivered via tax- and invoice-themed phishing campaigns, Danish security company CSIS is warning. Dubbed “Dyreza,” the …

Hybrid Zberp Trojan targets bank users around the world

A new threat created by the amalgamation of the publicly available code of two of the most (in)famous malware around is targeting users of over 450 financial institutions …

iBanking Android malware disguised as legitimate apps

On underground cybercrime markets, iBanking is a well-known piece of malware, and one of the most expensive ones, too. “iBanking often masquerades as legitimate social …

Researchers discover critical flaws in the Chip and PIN system

A group of researchers from Cambridge University have discovered two critical flaws in the “Chip and PIN” (EMV) smart card payment system that can be misused to …

US bank customers targeted with vishing messages

Customers of a number of US banks have recently been hit by Voice over IP phishing (vishing) attacks orchestrated by eastern European cyber crooks, warns John LaCour, founder …

ATMs running Windows XP targeted with cash-dispensing malware

Microsoft has been aggressively campaigning to get users to stop using Windows XP, and has gone so far as to offer $100 off the purchase of a new PC via the Microsoft Store in …

MasterCard and Visa to accelerate payment security

MasterCard and Visa announced the formation of a new cross-industry group focused on enhancing payment system security to keep pace with the expectations of consumers, …

Zeus retrieves attack list hidden in sunset and cat images

Malware peddlers employing a new Zeus banking Trojan variant have resorted to hiding the malware’s configuration file into innocuous-looking sunset and cat photos, warns …

Financial institutions must look beyond their own defensive perimeters

Lookingglass Cyber Solutions released today the results of a recent study conducted on global financial institutions and the risks introduced by their trusted partners and …

Account details of 27,000 Barclays customers stolen, sold to brokers

(In)famous UK-based multinational bank Barclays has been hit this Friday with claims that someone has stolen personal and financial information of some 27,000 of its customers …

Financial sector needs non-replicable, single-use credentials

Different tokens, devices, mobile phones, e-signatures, etc. are used to authenticate our e-identities. Yet, some financial institutions are still not considering the risk of …

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