The American Bankers Association is the latest group to be used by hackers to try and spread malware.
Other well-known names in the industry have been used as bait in phishing emails, including the FDIC, US Treasury, Internal Revenue Service and many financial institutions. The ABA issued an alert to its members.
The latest report from the Anti Phishing Working Group paints a distressing picture for anyone doing transactions online, says Dave Jevans, Chairman of the APWG.
All phishing numbers are on the rise. The number of unique phishing reports submitted to APWG for the third quarter of 2009 reached a record 40,621 in...
Word on the street is that ATM skimming is now the most profitable crime, say Houston, Texas police who arrested two men accused of putting a skimming device on a local bank's ATM.
Houston Police Lieutenant Robert Manzo says that John Pierre Griffin and an unidentified man were caught putting the device on an ATM...
What's the cost of a data breach?
The Ponemon Institute is out with its 5th annual "Cost of a Data Breach" study, and in an exclusive interview Dr. Larry Ponemon discusses:
The current cost of a data breach - and how it's risen since 2009;
Data breach trends across industry;
What organizations should do to...
Ghosts of Crimes Past and Present Will Haunt the Future of Banking Institutions and Customers
"The more things change, the more things stay the same." This old saying holds true when it comes to the different types of fraud hitting financial institutions.
In 2009, institutions were hit from every angle with...
The call to aid the devastated country of Haiti came just hours after a 7.0 earthquake hit the impoverished Caribbean island on Tuesday.
Just as quickly as the tweets came in asking for donations, so too came the cyber criminals looking to divert funds from legitimate charities to their own pockets.
Malware is increasingly sophisticated, and social media are the common new venues for attacks.
These are the headlines from the latest Cisco Annual Security Report. Patrick Peterson, Cisco senior fellow, offers highlights of the report, discussing:
Top trends and threats;
The risks to specific vertical...