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Malware tied to the Operation Emmental attacks that have plagued bank customers in Switzerland and three other nations first surfaced in 2013. But variants of the malicious code only recently gained the ability to bypass SMS-based two-factor authentication systems, says security vendor Trend Micro.

When you go online to bank, you probably assume the site – along with your transaction – is secure. However, a new report shows that your banking experience could be more vulnerable than you think.

The threat report from Japanese security company Trend Micro was blunt. Two-factor authentication was successfully compromised by criminals and the victims were customers of 34 different financial institutions in Japan, Switzerland, Austria and Sweden.

Rules designed to thwart man-in-the-middle attacks; could mean extra work for IT shops

Law enforcement authorities announced the indictment of six people in connection with a cybercrime operation that defrauded users of the StubHub ticketing service.