- July 01, 2015
Drive-by financial malware Fobber is the evolution of the popular Tinba -- with better encryption, a newer format and a focus on the Netherlands.
- March 27, 2015
Heimdal Security researchers have found new cases of the nesting-doll financial malware, while Fortinet researchers peel back the layers to reveal its surprising intricacies.
- March 12, 2015
A new Symantec report shows a significant fall in banking malware infections in 2014, but the company warns that malware remains a threat to financial firms.
- March 03, 2015
Banks are rushing to fix sloppy authentication processes at the heart of rising Apple Pay fraud. Experts also worry about potential fraud with other mobile payment systems.
- February 16, 2015
A malware attack on more than 100 banks around the globe has led to one of the largest bank heist schemes in history, with losses potentially reaching $1 billion.
- June 12, 2014
RSA researchers say the costly Pandemiya banking malware was written entirely from scratch, a dangerous oddity in the world of malware.
- April 24, 2013
PayPal's Michael Barrett says many firms fear misuse of shared cybersecurity data. He also discusses the evolution of PCI DSS and mobile payment security.
- November 15, 2012
Hurricane Sandy hammers home the importance of a DR plan. David Schneier discusses some of the plans he helped develop and how they are holding up.
- October 09, 2012
A cybergang in Eastern Europe revealed plans to attack U.S. banks with a Gozi-like Trojan, according to RSA.
- August 29, 2012
The latest variant of the banking Trojan is causing numerous problems, Symantec said.
- August 09, 2012
Tilon is related to the Silon malware detected in 2009. It uses a man-in-the-browser attack to capture form submissions and steal credentials.
- July 03, 2012
The Citadel crimeware, a toolkit giving cybercriminals sophisticated financial malware, is being taken off the market by its authors, according to experts monitoring its activity.
- May 31, 2012
Tinba is among the smallest data-stealing banking Trojans discovered in the wild, according to Danish security firm CSIS Security Group.
- March 26, 2012
Legal and technical actions could disrupt some Zeus botnet operations by seizing command-and-control servers in Pennsylvania and Illinois.
- March 01, 2012
At RSA Conference 2012, Zions Bancorporation detailed how it harvested security big data using a Hadoop-based security data warehouse.
- August 25, 2011
The Ramnit worm now supports man-in-the-middle attacks, giving cybercriminals the ability to drain a victim’s bank account.
- April 01, 2011
Advanced features can reduce the threat of wire fraud. New rule sets can be shared among banks and credit unions.
- March 18, 2011
Former computer programmer snatched code for the firm’s proprietary trading platform on last day of work.
- December 20, 2010
Authentication technology helps thwart online banking fraud but determined criminals can circumvent it.
- November 28, 2010
Fortune 500 company uses access certification technology to meet new SOX-like requirements for non-public insurance companies.
- November 08, 2010
Pair charged for their roles in massive bank fraud scheme that drained more than $3 million from accounts.
- October 28, 2010
The midterm elections will likely result in a shift in political power. How will that impact pending privacy and data security bills?
- October 26, 2010
Security researchers at RSA say malware that targets U.S. financial institutions spreads like a worm and organizes targeted credentials.
- October 18, 2010
SARs study also shows that financial institutions are rejecting fraudulent consumer loans in majority of cases.
- October 13, 2010
In the wake of the global economic crisis, many financial firms are struggling to meet tough regulations while defending against both accidental data leakage and a constant barrage of external attacks.
- October 08, 2010
A former Bank of America employee allegedly sent sensitive bank data to his personal email before being laid off last month.
- October 07, 2010
Programmer planted malicious script on company's network after he was fired, prosecutors said.
- October 04, 2010
Companies are taking steps to prepare for litigation but still falling short, according to survey.
- September 27, 2010
Security researchers say malware has new functionality that targets mobile authentication used by banks.
- September 22, 2010
Majority of financial services applications studied by firm weren't sufficiently secure.
- September 20, 2010
Fraudsters are increasingly targeting bank customers via voice and text message phishing scams.
- September 17, 2010
The CISO of financial giant Credit Suisse says the key to successful global security and risk management is a uniform governance system supported by a common policy framework.
- September 16, 2010
Financial institutions need to implement policies and procedures to protect sensitive data stored on devices like copiers, agency says.
- August 17, 2010
Banks face security and reputational issues due to lawsuits filed by fraud victims, experts say.
- August 11, 2010
Russian who allegedly advertised and sold stolen credit card information online is arrested in France.
- August 10, 2010
Criminals have compromised 3,0000 online bank accounts in ongoing attack, researchers said.
- August 06, 2010
Suspect allegedly part of hacking ring that masterminded sophisticated attack against payment processor.
- July 29, 2010
Industry experts weigh in on the possible ramifications of the sweeping legislation on information security and compliance professionals.
- July 28, 2010
Suspect allegedly developed and sold the malware behind massive botnet that was used to steal bank account information.
- July 26, 2010
Flaw in mobile banking application mistakenly saved customer account data on iPhone.
- July 25, 2010
Insider fraud is a complex problem in the financial industry. Here's a look at some of the technology available to help banks thwart it.
- July 19, 2010
ATM skimming is on the rise. Experts offer advice on how to protect your ATMs and customers from ATM data theft.
- July 15, 2010
Visa clarifies its rules and says acquirers and issuers must accept truncated numbers for dispute resolution.
- July 06, 2010
Prosecutors say ex-contractor stole data from 2,000 bank employees and siphoned $1.1 million from nonprofits.
- June 28, 2010
Ex-Bank of America teller sold customer data to others who used it to make fraudulent withdrawals.
- June 22, 2010
Financial advisors are using social networking for business but report a lack of policies, archiving, study shows.
- June 15, 2010
With examiners turning up the heat on AML compliance, smaller banks and credit unions are turning to software to automate the process.
- June 15, 2010
Learn from the industry's leading information security experts who gathered to share proven security strategies. If you couldn't make it to New York City for the event, you can catch up here.
- June 07, 2010
Brokerages and other financial firms may find Facebook and Twitter useful marketing tools but they must address FINRA and other compliance requirements.
- June 03, 2010
FinCEN penalty against Pamrapo Savings Bank comes two months after the bank pleaded guilty to conspiracy to violate the Bank Secrecy Act.
- May 28, 2010
Fifth extension comes at the request of members of Congress who are considering limiting the scope of businesses covered by the law.
- May 24, 2010
FINRA fines investment firm $700,000 for email retention failures over six-year period.
- May 21, 2010
Gregory Garcia will head the bank's cybersecurity and identity management partnerships.
- May 20, 2010
Payment processor will pay into fund to settle MasterCard card issuers' loss claims from 2008 breach.
- May 18, 2010
Gartner analyst wonders why no PCI-like standard exists for bank account information, which online criminals are targeting.
- May 11, 2010
Fraud losses involving RDC technology have the potential to skyrocket if banks don't work proactively to deal with the risks, research firm says.
- April 19, 2010
Suspect allegedly operated online business that helped identity thieves carry out fraud schemes.
- April 16, 2010
Changes in upcoming version of Adobe Flash Player will mean banks and others can't rely on Flash LSOs to authenticate customers' PCs.
- April 07, 2010
Man receives 37-month prison sentence for breaking into brokerage accounts at Charles Schwab.
- April 06, 2010
Criminals are moving past basic skimming into attacks on ATM software and ATM networks, fraudulent mobile alerts, and account takeover via stolen information and call centers
- March 31, 2010
Security information management systems can help financial-services firms meet regulatory compliance and other requirements.
- March 25, 2010
t's been nearly five years since the Federal Financial Institutions Examination Council (FFIEC) issued its authentication guidance for online banking. Since then, cybercriminals ...
- March 15, 2010
Computer forensic service allows banks to remotely investigate the source of online banking fraud on customers' PCs.
- March 09, 2010
Business banking survey shows customer trust is easily broken after online banking fraud
- March 08, 2010
Rise in fraudulent electronic funds transfers indicates overreliance on authentication, says FDIC cyberfraud specialist
- March 03, 2010
Companies need to implement email authentication in order to protect customers against increasingly sneaky phishing attacks, experts say.
- March 03, 2010
Security experts say banking malware is an insidious problem that poses difficult challenges.
- February 25, 2010
Enterprises are turning to firewall audit tools to automate the process of analyzing firewall rules and meet compliance requirements
- February 15, 2010
Banks are eager to expand their mobile banking services but the emergence of malicious applications threatens mobile banking security. In this tip, Aite Group Senior Analyst Nick Holland examines this new threat.
- February 15, 2010
Bank says a combination of user authentication, risk analysis, and device fingerprinting helps it catch online fraud
- February 10, 2010
Javelin identity fraud report reveals trends in identity fraud as criminals increasingly target the online channel
- February 09, 2010
Town officials say $378,000 was siphoned to overseas accounts, criticize bank for not catching the theft
- February 02, 2010
Trusteer study shows many use their Internet banking password to login to other websites, opening the door to potential online banking fraud
- January 29, 2010
RSA researchers say emerging phone call fraud services make it easy for criminals to victimize banking customers
- January 21, 2010
Proposed $60 million settlement for Visa card issuers offers little breach compensation and releases Heartland's acquiring banks from liability, attorneys argue
- January 14, 2010
Research firm analyzes says end-to-end encryption is most practical means of thwarting card fraud
- January 08, 2010
Fund will pay up to $60 million to credit and debit card issuers for their losses from Heartland data security breach
- December 23, 2009
Payment processor will pay up to $2.4 million to affected cardholders in proposed settlement
- December 16, 2009
Despite the decline in checks, check fraud remains a big problem for banks and experts say the evolution of checks has made it difficult for legacy systems to keep up.
- December 11, 2009
Organizations that oversee the ACH network says banks should deploy multi-factor authentication and take other steps to curb the increase in fraudulent transfers.
- December 08, 2009
Study shows that many banks don't encrypt home pages and some use insecure authentication in enrollment processes
- December 03, 2009
Trusteer study shows that half of online banking customers who click on phishing emails divulge their login credentials
- November 30, 2009
SearchFinancialSecurity recently caught up with Avivah Litan, vice president and distinguished analyst at Gartner, to discuss how banks can protect their customers' accounts.
- November 24, 2009
Leader of pump-and-dump spam operation will serve more than four years in prison
- November 17, 2009
Model form aims to make it easier for consumers to understand banks' privacy policies and help financial institutions meet GLBA requirements
- November 13, 2009
NACHA warns that bogus emails purport to be alerts about rejected ACH transactions
- November 10, 2009
Alleged international hacking ring masterminded highly sophisticated attack and stole data used in $9 million coordinated ATM heist, prosecutors say
- November 03, 2009
Losses are mounting from surge in ACH fraud targeting small and midsize businesses, according to alert from FBI's Internet Crime Complaint Center
- November 02, 2009
Members of Congress asked FTC to delay enforcement of identity-theft regulation for organizations the FTC governs
- October 30, 2009
New York technician stole the identities of more than 150 bank employees and victimized charities in a $1.1 million fraud scam
- October 29, 2009
Criminals dupe people into receiving and transferring unauthorized EFTs from business bank accounts
- October 20, 2009
Unisys survey shows lack of consumer confidence in financial institutions to protect sensitive data as well as increased willingness to use biometrics technology
- October 13, 2009
Experts cite five areas where financial institutions could improve their planning for a potential H1N1 outbreak
- October 08, 2009
Couple victimized by a data security breach alleges their bank's online security lagged industry standards.
- October 05, 2009
Banks often overlook non-IT vendors in their vendor management program, putting their organization and customers' data at risk, experts say
- October 05, 2009
Industry experts expect federal banking examiners to pay more attention to how banks manage remote deposit capture risks
- September 30, 2009
Finjan researchers say case in which criminals used a bank Trojan to target German online bank customers and steal money represents a new level of cybercrime sophistication
- September 28, 2009
Federal judge in California rules that Google must deactivate Gmail account that bank accidentally sent sensitive customer information to
- September 18, 2009
Prosecutors say man opened thousands of bogus brokerage accounts and stole micro deposits
- September 14, 2009
The Identity Theft Assistance Center (ITAC), a nonprofit cooperative of financial-services companies, is celebrating its fifth anniversary with a reception in Washington, D.C. on Wednesday. ITAC has helped 60,000 of its 38 member companies' ...