banks

Researchers have warned of a sneaky trick that uses malware to collect passwords for online banking. The "Metamorfo" malware disables autocomplete to force users to retype passwords that can then be hijacked. Metamorfo is familiar to security ... researchers, but has developed two new characteristics. The first is that it no longer targets only financial institutions in Brazil, but has expanded to other countries. The seconds is a new tactic to make it more effective. The malware works in a familiar fashion. It's distributed through a .ZIP file that's disguised as an invoice attached to ... (view more)

A man has been arrested for allegedly stealing more than a billion dollars in cyber attacks. The tactics were so outlandish, they almost sounded like the words used by Richard Pryor's character in Superman III. The unnamed man was arrested in Spain ... after an investigation that involved officials from six countries on three continents plus private cyber security firms. The man is alleged to have led a gang that attacked more than 100 banks and other financial institutions around the world. The gang has been operating for at least three years using three forms of malware, known as Anunak, ... (view more)

A new report suggests that hackers took aim at twice as many businesses in 2014 when compared to the previous year. The report comes from Russian security company Kaspersky Lab; its Global Research and Analysis Team says it detected seven major ... advanced persistent threats (or APTs) over the past twelve months, resulting in approximately 4,400 attacks targeting private sector organizations in an estimated 55 countries. Kaspersky researchers say that's more than double the roughly 1,800 corporations targeted by cybercriminals in 2013 . Sophisticated Attacks May Be Supported by National ... (view more)