A new impersonation scheme is taking aim at business executives to perpetuate ACH and wire fraud, says Bank of the West's David Pollino, who explains steps institutions should take now to protect their customers.
An online gang with ties to Romania and Russia has been bypassing two-factor, Android-based authentication systems - used by 34 different banks to authenticate customers - via the sophisticated Operation Emmental cybercrime campaign.
Cybercriminals are stepping up their attacks on financial institutions by gaining control of customer devices with highly advanced man-in-the-browser (MitB) malware and spear phishing attacks. They then conduct real-time credential theft and take over accounts. The main reason for cybercriminals' continued success is...
An ongoing APT campaign employs decoy documents to lure potential victims into installing malicious remote-control tools. Targets include at least one bank, the BBC and many U.S. and EU government agencies.
Phishing attacks targeting telecommunication companies' customers, which result in account takeovers, are on the rise, federal authorities warn. Security experts offer analysis of the trend as well as mitigation advice.
Taking down a phishing site won't keep cybercriminals from attacking your customers. With an abundance of easily-compromised websites online and a thriving ecosystem of cybercrime tools at their disposal, fraudsters launch attack after attack with impunity. This in-depth white paper explores modern phishing and...
On Christmas Eve, Target issued a warning about phishing scams linked to its breach recovery efforts. In response, the retailer says it is launching a dedicated resource page on its website for official communications.
Spear-phishing attacks aimed at bank employees are on the rise, and community banks and credit unions are particularly vulnerable. Learn why experts say authentication is failing to address the problem.
This infographic gives a quick visual representation of some of the key findings of recent Webroot research on web security in the U.S. and UK. The findings highlight the significant costs that web threats pose to businesses - such as increased help desk support - and the risks especially for companies with no web...
Phishing attempts against bank employees are on the rise. How can institutions improve their defenses? Daniel Ingevaldson of Easy Solutions offers insights on how to combat advanced phishing techniques.
A new cross-device malware strain that has been linked to last year's High Roller attacks is defeating dual-factor authentication. Experts explain why banking institutions worldwide should be on alert.