Internet security specialists to help form new cyber crime lab in Israel with other Big Blue researchers.
Boston-based Trusteer is reporting that it has found multiple instances of sellers operating in Russian underground criminal forums offering what they claim is the source code for Carberp, the Trojan software used to target financial institution accounts.
First comes the notification that your personal data have been compromised in a data breach. And as sunset follows sunrise, increasingly that notification is followed by actual dollar losses in fraud on personal accounts, said Javelin Strategy and Research in its recently released 2013 data breach fraud impact report.
Think firm finds that 23% of data breach victims in 2012 then became fraud victims.
PHOENIX — Now big in fraud mitigation, prevention: Taking steps to stay on top of cross channel attacks, said speakers at BAI confab.
CreditExpert, Experian’s Web monitoring service, is reporting“a massive surge” in the selling of stolen online log-in credentials involving British Internet users.
Wake up and smell the hack. “Mobile banking, I would argue, presently, is significantly more secure than is online banking,” said Kevin Travis, a partner with Novantas, a New York-based management consulting firm.
What’s going on with hackers today is a lot like what the ranchers of the 19th and 20th centuries faced with cattle rustlers.
Some of the same tech advancements that credit unions are leveraging to attract and retain members are proving just as attractive to a less savory element.
Cybercrime and malware are the top online fraud threats financial institutions face today, and they’ll continue to top the list of threats over the next two to three years, according to a new report from research firm Aite Group.