Kaspersky Lab has identified a new spear-phishing attack involving a Trojan designed to target Android devices. Researcher Kurt Baumgartner says organizations need to be prepared for more mobile malware attacks.
E-mail authentication foils phishing, but authentication is only effective if every partner in the chain adopts it. John Carlson and Andrew Kennedy of BITS explain how institutions can improve e-mail practices.
The arrest of 10 individuals allegedly tied to a global phishing scheme that exploited Facebook is good news. But experts say banking institutions need to push stronger security and authentication to protect accounts.
Small attacks aimed at merchants are proving the most fruitful for hackers, recent analysis from Verizon shows. But risk expert Wade Baker says there are steps banking institutions can take to respond.