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2FA Systems Used by Banks Bypassed with Malware, Rogue Mobile Apps
So far, criminals have targeted users in Switzerland, Austria, Sweden, and Japan, Trend Micro revealed. The group, believed to be located in a Russian-speaking country, was also linked to attacks dating back to 2011 – though, at that time, saboteurs were spreading “off-the-shelf” banking malware, like SpyEye, Sancho wrote.
Assisting law enforcement, Trend Micro says 34 banks targeted in Operation Emmental
Researchers at the computer security company Trend Micro have named a new attack on online banking Emmental. Why? Like the Swiss cheese, the researchers said, online banking protections may be “full of holes.”
More than 30 financial institutions in six countries have been defrauded by sophisticated criminal software that convinces bank customers to install rogue smartphone programs, a major security company reported on Tuesday.
Online fraudsters have predictably jumped on the tragic downing of Malaysian flight MH17 to trick users to click on spammy and malicious Twitter links which could lead to malware infection, according to Trend Micro.
To combat the growing threat of online breaches, companies and governments are hiring executives whose main responsibility is to make sure data systems are secure.
MH17 related discussions are being hashjacked
Fake apps dressed up to look like official ones but actually designed to steal user data are increasingly targeting Android phone users, according to a study by Trend Micro.