Tag: bank

FBI warns of scam apps amid move to mobile banking

June 12, 2020

Banking app users are among the top targets for cybercriminals looking to take advantage of the pandemic-induced lockdowns. As the use of mobile banking apps surges during COVID-19 lockdowns, so does the risk that these platforms will be exploited by cybercriminals, warns the FBI’s Internet Crime Complaint Center (IC3). Citing estimates by US financial technology providers, the Bureau’s online … More FBI warns of scam apps amid move to mobile banking

Banking Malware: Countering the threats with certified (browser) protection

July 9, 2019

These days, there isn’t much that can’t be done on mobile, and that includes banking. Banking apps are quickly becoming the go to method of managing finances, and as a result, mobile banking malware targeting Android phones has become a serious and somewhat underestimated threat. For malware creators motivated by financial gain, banking apps provide … More Banking Malware: Countering the threats with certified (browser) protection

The aftermath of a data breach: A personal story

May 30, 2019

Criminals used my account to launder credit card transactions into cash, at least where the company transacted with was willing to refund. Last week I received a notification from Bank of America advising that my credit card may have been part of a compromise at an undisclosed merchant. The email does mention that there may … More The aftermath of a data breach: A personal story

Malta’s leading bank resumes operations after cyberheist-induced shutdown

February 18, 2019

Bank of Valetta, which went dark for a day after the fraudulent transfers of €13 million, is now looking to get the money back. Things are getting back to normal for Bank of Valetta (BOV) and its customers following a cyberattack that caused Malta’s largest bank to take the unprecedented step of temporarily shutting down … More Malta’s leading bank resumes operations after cyberheist-induced shutdown

Navigating the murky waters of Android banking malware

February 15, 2019

An interview with ESET malware researcher Lukáš Štefanko about Android banking malware, the topic of his latest white paper. Banking malware continued to plague the Android platform throughout 2018, with cybercrooks relentlessly targeting users with banking Trojans and fake banking apps, but also experimenting with new money-stealing techniques. To help users navigate the tricky and expanding landscape of Android … More Navigating the murky waters of Android banking malware