This year may just be deemed the era of the cyber security breach, with scores of online attacks running up millions of dollars in damages to a number of financial institutions. The tactics used range from revenge-focused “hacktivism” to illicit credit card scandals—a variety of scams that emphasize just how important it is to use Read more…
Financial theft is one of the most lucrative forms of cybercrime. Malware authors continue to deliver sophisticated tools and techniques to unlock online bank accounts. Attackers design and develop botnets to perform financial fraud, targeting banks and other institutions for profit. These botnets traditionally have monitored victims’ Internet activities and intercepted banking transactions to extract Read more…
A very profitable line for mobile malware developers is Android banking Trojans, which infect phones and steal passwords and other data when victims log onto their online bank accounts. One recent trend is Android malware that attacks users in specific countries, such as South Korea and India. We have already seen this type of malware Read more…