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InternetNews October 1, 2009 |
Internet Never More Dangerous: Study Report finds a 585 percent spike in fake anti-malware and security software programs in the first half of 2009.  |
Bank Systems & Technology September 30, 2009 Maria Bruno-Britz |
At Least One Part of the Economy is Growing: Cybercrime Several studies are showing growth in new techniques designed to trick users and even anti-virus programs to gain access to personal data.  |
Bank Technology News January 2010 John Adams |
Results First, Pay Later A growing wave of malware is plaguing Web banking, and new attacks are so effective that the market for a second line of defense is buzzing with activity.  |
Bank Systems & Technology October 16, 2009 Maria Bruno-Britz |
Trojan Planted in Fake E-mail from IT Dept. Designed to Steal Info From Businesses Trusteer issues a warning to IT departments to be aware of a new phishing attack aimed at enterprises and their confidential information.  |
Bank Technology News April 2005 John Adams |
The Cost of Doing Business The debate over multi-factor authentication for electronic transactions is growing louder, and many say industry-wide use is virtually inevitable for banks. So why is almost nobody doing it?  |
PC Magazine March 7, 2008 Larry Seltzer |
ID Theft: The Next Level The new virus Trojan.Silentbanker regularly patrols the Internet for banking sites it can manipulate.  |
InternetNews December 16, 2008 Richard Adhikari |
Several Attacks Behind CheckFree Data Breach The cybercriminals who breached the CheckFree bill paying service last week used a combination attack that may be almost impossible to stop.  |
Bank Technology News June 2011 Shane Kite |
Securing The Weakest Link To defend themselves and their customers against Web-based fraud, banks are offering customers USB tokens and security software to secure online banking sessions, even if the end-users' PCs are riddled with malware.  |
Bank Systems & Technology May 26, 2010 Matt Gunn |
Fiserv, PhoneFactor Partner For Phone-Based Multi-Factor Authentication Authentication services provider PhoneFactor and Fiserv announced a partnership that makes phone-based multi-factor authentication available through Fiserv's Corillian Online banking solution.  |
Bank Technology News December 2009 Rebecca Sausner |
Out-of-Band Authentication Gets Outfoxed Banks in the United Kingdom are battling fraudsters that have found a way to compromise out-of-band authentication-an approach supported by many fraud experts.  |
Bank Systems & Technology February 22, 2007 Michael Singer |
To Keep Consumer Trust, Try Tokens and Smart Cards Banks and other financial institutions should adopt stronger authentication measures, such as security tokens and smart cards, if they want to increase customer satisfaction with Internet banking, according to a panel of industry analysts.  |
Bank Technology News November 2007 Yuval Ben-Itzhak |
The New Enemy: A Trojan Worse Than Phishing Finjan's Malicious Code Research Center discovered evidence of a new genre of crimeware Trojan that steals bank customers' identities without so much as leaving a trace.  |
InternetNews August 16, 2010 |
Symantec Uncovers Another Sneaky Spam Scam Latest Trojan conceals itself in innocent-looking attachments designed to get you or someone you know to open up the offending file.  |
InternetNews March 21, 2011 Sean Michael Kerner |
Detecting Malware Without Software? New service from Trusteer can pinpoint remote malware running on client PCs.  |
Bank Systems & Technology December 21, 2009 Nathan Conz |
Fraud: Social Media Heightens New Threats As fraudsters increasingly seek to exploit weaknesses in consumers' defenses through social engineering schemes rather than hack vulnerabilities in banks' security systems, the need for enterprisewide solutions to detect fraud across channels is greater than ever.  |
Wall Street & Technology January 5, 2007 Larry Tabb |
Preparing for the Inevitable While electronic thefts can be cleaner, less physical and certainly less bloody, the chance of getting money out of a brokerage or bank illegally is usually greater with a gun than a computer. But as the criminals and terrorists get smarter, we too must raise the bar.  |
InternetNews October 24, 2005 Tim Gray |
Companies Bid for Authentication Compliance Work Financial institutions are getting started on security compliance regulations.  |
Bank Technology News February 2011 Shane Kite |
Mobile Apps Insecure? Banks need to improve cell phone banking applications' security or face losing customers frightened by the risk, security experts say.  |
U.S. Banker July 2010 Rob Garver |
The Cost of Inaction Banks need to help protect commercial clients from online fraud, but face tech hurdles and resistance from clients themselves. Meanwhile, hackers lurk.  |
BusinessWeek March 14, 2005 Stephen H. Wildstrom |
New Weapons To Stop Identity Thieves That may explain why phishing incidents continue to proliferate despite the concerted efforts of software publishers to make it harder. And it is why the time has come to attack the problem at its root: the inadequacy of passwords.  |
InternetNews March 18, 2005 Erin Joyce |
Bruce Schneier, CTO, Counterpane Internet Security An interview covering the weakness of 2-factor authentication on the Internet, managed security services, software insecurity, and advice for lawmakers.  |
Bank Systems & Technology August 2, 2005 Phil Britt |
Fighting the New Face of Fraud Technology plays a critical role in banking fraud, both in creating new opportunities for fraud and offering new methods to defend against it. Financial services institutions must take a holistic approach to combating fraud.  |
InternetNews June 23, 2006 Sean Michael Kerner |
Next-Gen Bank Trojans Are Upon Us Regardless of how much damage they may have done in the past, a new generation of banking Trojans is beginning to appear, and they're game for even more pilfering, according to at least one security researcher.  |
Bank Technology News April 2010 Michael Sisk |
Fifth Third Banks Charts New Security Course Man-in-the-middle attacks and other assaults on the browser are becoming more common and pose a challenge to the whole banking industry. Fifth Third is taking new security measures.  |
Bank Technology News February 2010 Rebecca Sausner |
Educators Getting Schooled in Cybercrime The FBI and bank regulators have been sounding the alarm about the vulnerability of business banking accounts to spear phishing and malware, and more than a half dozen school districts have been targeted in the last six months.  |
Bank Systems & Technology July 28, 2006 Gregg Keizer |
Phishers Beat Citibank's Two-Factor Authentication Nearly three-dozen phishing Web sites have targeted Citibank business customers with a new scheme that circumvents two-factor authentication.  |
PC World February 21, 2007 Erik Larkin |
Don't Let Bad Guys Pose as You Flaws let attackers trick a Web site into providing your personal information.  |
InternetNews April 27, 2009 Alex Goldman |
Conficker Awakens With Scareware and Spam The new activity on the Conficker botnet shows that the criminal economy is functioning well.  |
InternetNews May 28, 2009 Alex Goldman |
Flood of Fake Western Union E-mails Hide Trojan An influx of malware-laden spam, which started two weeks ago, continues today as hackers seek credit card and banking information.  |
Entrepreneur May 2010 Gwen Moran |
Is Online Banking Safe? Beware the pitfalls of convenience when it comes to conducting transactions via the web.  |
Bank Technology News January 2011 Rebecca Sausner |
New Year, New Hacks? The new year is likely to bring more of the same when it comes to criminals siphoning funds from consumers and banks.  |
Bank Technology News November 2008 Maria Trombly |
Mobile Insecurity: Reality or Just hype? The increasing functionality and numbers of mobile banking platforms creates the potential for mobile banking security issues, but industry watchers have widely divergent opinions about how serious the threat really is.  |
Search Engine Watch January 20, 2010 Jason King |
Google's New Approach to China: A Closer Look at the Attack Heard 'Round the Web Taking a look at the numerous security implications for Google users after last week's cyber attack on Google by China.  |
InternetNews February 2, 2010 |
Reusing Online Banking IDs Common, Risky Seventy-three percent of more than 4 million people surveyed by security firm Trusteer admit they use the same password on social networking sites like Facebook that they use for their online banks.  |
InternetNews August 18, 2010 |
Facebook Kit Makes Hacking Logins Easy Security software vendor BitDefender says it's found a new malware kit that lets hackers easily access logins and passwords for Facebook and other unsecured credentials.  |
InternetNews November 12, 2010 |
Survey: 1 in 3 Customers Fear Online Banking New survey finds that 31 percent of bank customers avoid online transactions because of security concerns.  |
Bank Systems & Technology April 7, 2006 Peggy Bresnick Kendler |
Security Outlook A plethora of high-profile data breaches and concerns about identity theft have put the banking industry on high alert. To secure their information assets, banks must implement a cross-channel, multilayered approach that extends beyond technology.  |
Wall Street & Technology March 21, 2006 Paul Allen |
Add Another Bolt to the Cyber Door Due to enhanced and evolving cyber-threats, financial institutions now must implement some form of multifactor authentication or layered security to protect sensitive customer data.  |
InternetNews November 20, 2009 |
Past Year's Malware Could Shape 2010's Threats Ever heard of Induc, Sninsfs or OSX.iservice? These new types of attacks emerged in 2009 and could become more prevalent in the year ahead.  |
InternetNews October 27, 2010 |
Malware Scams Pick Up In Retail Sector Targeted attacks are becoming more and more common as hackers seek out specific individuals or groups to steal proprietary information.  |
Wall Street & Technology December 19, 2007 Melanie Rodier |
U.S. Banks Are Targets in 60 Percent of Worldwide Phishing Attacks Phishing attacks against global banking brands target U.S. institutions most, according to security solutions provider RSA.  |
Bank Systems & Technology January 4, 2010 Penny Crosman |
As Small Business Online Banking Fraud Grows, So Do Efforts to Curb It Password controls, stronger authentication and customer PC security scans among the measures that can help defend against online banking fraud.  |
PC World March 2006 Anne Kandra |
Banking on the Web: Risky Business? The reality behind the risks, plus how to keep your online transactions secure.  |
Wall Street & Technology September 17, 2007 Melanie Rodier |
Online Security Attacks Against Financial Institutions Rapidly Increasing Gone are the days of teenagers sitting in their parents' basements trying to hack into a company's computer system just to prove a point. Today, hacking is an organized crime enterprise -- and it is bigger than ever.  |
InternetNews December 10, 2009 |
Fast-Moving SQL Attack Hits 125,000-Plus Sites Nasty SQL injection attack has ties to a credit card-snatching trojan - and may just be getting started.  |
InternetNews October 5, 2009 |
RSA Claims New Trojan Plants False Bots Users of online banking may be at greater risk than they know if the URLZone Trojan attacks reach the U.S.  |
U.S. Banker July 2007 Joseph Salesky |
Mobile-Phone Banking: Coming to a Bank Near You The mobile phone is moving beyond voice communication and is poised to change the landscape with mobile banking.  |
Bank Technology News August 2006 Glen Fest |
Choosing Authentication Solutions: Vetting Vendors, Soothing Customers Banks face tough choices today in building anti-fraud resiliency, from selecting providers to meeting user preferences. Will they be happy with those choices tomorrow?  |
Bank Technology News March 2011 Rebecca Sausner |
FFIEC to Revisit Online Protection Banks' security for online accounts hasn't kept pace with the threat landscape, regulators say, and sources say the FFIEC may soon update its 1995 guidance on securing online banking transactions.  |
InternetNews September 27, 2010 |
LinkedIn Users Hit by Spam Attack Malware designed to capture user's personal information on the popular professional network, LinkedIn.  |