Tag: Bank Fraud
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Virtual credit card fraud: An old scam reinvented
In today’s rapidly evolving financial landscape, as banks continue to broaden their range of services and embrace innovative …
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Gozi strikes again, targeting banks, cryptocurrency and more
In the world of cybercrime, malware plays a prominent role. One such malware, Gozi, emerged in 2006 as Gozi CRM, also known as CRM or …
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How Fraudsters Redefine Mobile Banking Account Takeovers
Fraudsters are constantly finding new ways to exploit vulnerabilities in the banking system, and one of the latest tactics involves …
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A View Into Web(View) Attacks in Android
James Kilner contributed to the technical editing of this blog. Nethanella Messer, Segev Fogel, Or Ben Nun and Liran Tiebloom contributed …
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Rights Group: APP Bank Fraud Cost Consumers £1bn
Financial institutions could have prevented hundreds of millions of pounds worth of fraud over the past three years by implementing a …
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Kingpin of Evil Corp lived large. Now there’s a $5 million bounty on his head
Dridex was configured to target the customers of almost 300 different organizations in more than 40 countries by automating the theft of …
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Members of Evil Corp, the cybercrime group that lived in luxury, are indicted
Dridex was configured to target the customers of almost 300 different organizations in more than 40 countries by automating the theft of …
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OneCoin crypto-scam lawyer found guilty of worldwide $400m fraud
A Florida lawyer who boasted of making “50 by 50” – as in, $50m by the age of 50 – is now facing a potential 50+ years behind bars …
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How Will Strong Customer Authentication Impact the Security of Electronic Payments?
Rapid changes in the payments industry, the meteoric rise of e-commerce and the constant threat of fraud have led the European Union (EU) …
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ATM skimming crook behind bars after draining bank accounts for 2 years
A Boston federal court on Monday sentenced a Romanian national to 65 months in federal prison for a multi-state ATM card-skimming scheme …
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