Banking

Drive-By Malware Uses Google Sites for Drive by Download Attacks

New malware, LoadPCBanker, is leveraging Google’s Sites to spread via drive-by download attacks, according to a new report. Companies are advised to block uploads and downloads from the service.

Whack-a-Fraud: EU’s Crackdown Could Increase U.S. Payments Scams

U.S. providers should be “on alert” for an increase in payments fraud experts warn. The European Union’s (EU’s) new Payment Services Directive (PSD2) raises the bar for security and may cause cybercriminals to focus on targets in this country.

Financial Malware, not Ransomware, drives most Cyber Crime

In-brief: data from the firm Symantec shows that financial malware targeting banks – not ransomware- is the most important and oft-used tool in the cyber criminal’s toolbox. 

File-less Malware Attacks Target Bank, Business Networks

In-brief: Security experts are warning that so-called “file-less” attacks on commercial networks operated by banks and other firms are spreading and harvesting sensitive information, like administrator user names and passwords.

Cisco Study: Disruptive Tech Could Drive Retail Bank Die Off

In-brief: A study by Cisco Systems found that innovation will drive a major shakeup in the retail banking sector, with concerns about cyber security a major roadblock to innovation.