Media Coverage

Operation Emmental Shreds Bank Defenses

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.”