Nemucod now spreading banking trojans

ESET researchers noticed a huge outbreak of a new Spy.Banker variant, detected as Spy.Banker.ADEA. Nemucod has previously been one of the most detected malwares in Ireland. On the morning of Friday August 12th, at around 12pm CET this new variant was spotted in Brazil. Similar to previous ones used by other banking trojans in South America, … More Nemucod now spreading banking trojans

Decision makers at banks ‘in the dark’ about data breaches

Decision makers at banks are in the dark when it comes to data breaches at their organization, according to KPMG’s 2016 Banking Outlook Survey. It revealed that this is especially the case when it comes to the second tier of senior management. For example, while 12% of CEOs were unaware as to whether their networks … More Decision makers at banks ‘in the dark’ about data breaches

Authentication 101

Authentication may sound like a very complicated concept, but it’s quite simple: a way of showing that you are who you say you are. In the offline world this process is simple and universal. Most countries have well-documented procedures by which you can get a passport that demonstrates your identity wherever you go in the … More Authentication 101

Banks ‘should not compensate’ victims of online fraud

UK Metropolitan police commissioner Sir Bernard Hogan-Howe has advised banks not to offer compensation to victims of online fraud, arguing that the increased risk will encourage people to better protect themselves against cybercrime. Speaking in an interview with The Times, Mr. Hogan-Howe suggested that by removing the safety blanket of compensation, internet users would think … More Banks ‘should not compensate’ victims of online fraud

Android banking trojan masquerades as Flash Player and bypasses 2FA

Active users of mobile banking apps should be aware of a new Android banking trojan campaign targeting customers of large banks in Australia, New Zealand and Turkey. The banking malware, detected by ESET security products as Android/Spy.Agent.SI, can steal login credentials from 20 mobile banking apps.The list of target banks includes the largest banks in … More Android banking trojan masquerades as Flash Player and bypasses 2FA