Criminal gangs have been hitting e-commerce sites hard lately by injecting their malicious code to "skim" customers' payment card details. In a recent twist, Malwarebytes spotted a malicious iFrame that steps in front of the normal payment process to intercept card details.
Over the years, the Federal Reserve has worked alongside the industry to pursue real-time, safe, highly secure, efficient, broadly inclusive and ubiquitous payment services in the U.S. The U.S. payments and fraud landscape continues to shift as technology evolves and new risks emerge. During this session, attendees...
In the latest incident, an attack targeted about 200 online campus stores in the U.S. and Canada, Trend Micro reports. But this attack apparently was waged by a new group.
Russian national Anton Bogdanov has been charged with stealing more than $1.5 million from the Internal Revenue Service via a tax return fraud scheme. He was arrested last November while on vacation in Thailand, at U.S. request, and subsequently extradited.
The advent of faster payments has helped accelerate authorized push payment fraud schemes in which victims are defrauded under false pretenses. Banking regulators are responding to the trend, and Rob Tharle of NICE Actimize offers advice for multilayered defense.
The advent of faster payments has helped accelerate authorised push payment fraud schemes in which victims are defrauded under false pretenses. Banking regulators are responding to the trend, and Rob Tharle of NICE Actimize offers advice for multilayered defense.
Tharle, a Fraud and Authentication Subject Matter...
Machine learning is one of the tools that you should be using as part of a multifaceted fraud strategy at financial institutions. To get value out of ML, you need to have multiple inputs. You have to have an intelligence network and the location to gather all that network intelligence.
Download this eBook on the...
FIN6, a cybercrime group that has focused on attacking point-of-sale devices to steal credit card numbers, now also is waging ransomware attacks that target businesses with either LockerGoga or Ryuk, according to a new analysis from security firm FireEye.
Ex-black hat Alissa Knight recently joined Aite Group's new cybersecurity practice, and among her first tasks: a hard look at the security of major financial institutions' mobile banking apps. The results may surprise you.
If you run a Magento-powered e-commerce site, it's time to patch again. E-commerce sites continued to be targeted by cybercriminals seeking to steal payment card data, and experts recommend moving quickly to plug the most critical flaw, a SQL injection vulnerability.
Some 96 percent of all compromised payment cards have been issued by U.S. banks, reflecting not only the prevalence of credit cards held by Americans, but the relative ease with which they can be used for fraud, says Liv Rowley, a threat intelligence analyst at Blueliv.