The Zeus Trojan is frightening because of its agility, evolution and success at stealing banking credentials. How can institutions fight back? Malware expert Andreas Baumhof offers new ideas.
A fraudster has been convicted for a $1.5 million phishing scheme that targeted Chase, BofA and payroll processor ADP. The case proves why more education about socially-engineered fraud is needed.
The out-of-court settlement reached in a dispute between Village View Escrow and Professional Business Bank shows it's getting more difficult for banks to avoid liability, experts say.
Online banking attacks are up, but financial losses linked to account takeovers are down. What does this shift say about the future of fighting ACH/wire fraud? The FS-ISAC's Bill Nelson weighs in.
A lingering legal dispute over a corporate account takeover incident at escrow company Village View has finally come to a close. Find out more about the details of the case and the settlement.
A new survey from FS-ISAC and the ABA finds financial losses linked to ACH fraud are decreasing. What are banks doing differently, and what technology investments are reaping the most rewards?
Global Payments Inc., the breached payments processor, now says the scope of its self-discovered data breach may be broader than initially reported and involve personal data collected from merchant customers.
Four recent breach incidents, including one affecting LinkedIn, have put the spotlight on the effectiveness of hashing. Why is hashing increasingly ineffective at protecting online passwords?
What are the top four malware-related issues that all organizations should focus on this year? Andreas Baumhof of ThreatMetrix shares insights based on five years of malware analysis.
Why are socially engineered schemes causing so many headaches? Symantec's new Internet Security Threat Report shows attacks are growing. Here's a list of Symantec's recommendations to thwart risks.
More banks are considering voice biometrics, though some still question if the tech is ready for prime time. What has sparked institutions' interest in this emerging authentication technology?
A U.S. District Court has sentenced the last key figure from 2009's Operation Phish Phry, a two-year international cybercrime investigation that resulted in the arrest of 100 fraudsters on two continents.
In Georgia, a man has pleaded guilty for his role in a $1.3 million phishing scheme. How did Bank of America and Chase help law enforcement agencies crack this alleged international fraud ring?
Which Internet security threats pose the greatest risks to organizations in 2012 and beyond? Symantec has just released its Internet Security Threat Report, which reveals some surprising trends.
Phishing - it's the classic scheme that never goes away. In fact, it evolves. Amy Blackshaw of RSA offers insights on how to respond to this and other trends identified in the 2012 Faces of Fraud survey.
In an exclusive interview about the 2012 Faces of Fraud Survey, Blackshaw discusses:
Today's top fraud...
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