A recent rash of targeted phishing schemes -- which included hits to military accountholders and their families at USAA and Navy Federal Credit Union, as well as a separate attack on officials at the World Bank -- has again brought the crime to the fore.
Quick action kept Barbara Baron from suffering financial losses after a phishing attack, but she says the experience has taught her quite a few lessons about banking online.
NIST scientists are working to help the industry beat keyloggers, and law enforcement agencies cross borders to launch their fight against Zeus, the world's nastiest and most sophisticated Trojan.
This week's top news and views: Version 2.0 of the PCI Data Security Standard hits the streets and takes effect Jan. 1. And Identity theft is on the rise, and a new study from FinCEN finds that it's not cyberattacks that are compromising most consumers -- it's family and friends.
Dave Jevans of the Anti-Phishing Working Group says recent arrests of criminals in the U.K. and U.S. for Zeus-related schemes prove the cybercrime fight requires global cooperation.
The Avalanche crime group, the world's most prolific phishing gang, has moved from using conventional phishing to solely propagating Zeus, the most famous and stealthy password-stealing malware, say security researchers in a new report.
Because detecting and preventing online fraud is a "very complex puzzle," community banks need to rely on predictive analytics, says Mellani Ocampo of Pacific Continental Bank.
Mobile banking is a given. Payments are the next frontier, and a number of technologies, such as remote deposit capture, are converging to make mobile payments readily accessible to consumers.
Zeus, now in its eighth generation, is striking businesses and financial institutions throughout the world, and it's suspected to be the malware behind recent attacks on mobile devices.
To help fight fraud, computer scientists from the National Institute of Standards and Technology offer some insight on how to protect commercial and consumer computers from keylogger infection.
This week's top news and views: Reg. E Amendment Introduced in Senate; Insider Trading: Kerviel Sentencing Reveals Gaps. And don't miss our audio week-in-review podcast by Managing Editor Tracy Kitten.
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