What are the top four malware-related issues that all organizations should focus on this year? Andreas Baumhof of ThreatMetrix shares insights based on five years of malware analysis.
In Georgia, a man has pleaded guilty for his role in a $1.3 million phishing scheme. How did Bank of America and Chase help law enforcement agencies crack this alleged international fraud ring?
Too many banks and credit unions are being narrow-minded in their approaches to FFIEC Authentication Guidance conformance, by focusing on commercial accounts and neglecting retail accounts, one ACH fraud attorney says.
When it comes to curbing ACH fraud, banking regulators and law enforcement agencies have joined forces to keep institutions abreast of emerging best-practices. What are their top recommendations?
In Texas, banking leaders and law enforcement agencies have joined forces to attack ACH and wire fraud. Learn about the anti-fraud recommendations they've developed.
Microsoft Corp. says it led a team that has successfully disrupted command and control servers used to run some of the world's most damaging variations of botnets proliferating the Zeus malware.
The Texas Department of Banking has partnered with the U.S. Secret Service to help banking institutions prevent ACH/wire fraud. What are this new task force's key recommendations?
In the PATCO Construction fraud case, attorney David Navetta says the court failed to address two key concerns: reasonable security and good faith. What's next in PATCO's ongoing legal battle?
From mobile malware to the Anonymous hacktivist attacks, how can organizations tackle the changing threat landscape? In an RSA Conference preview, Joe Rogalski of First Niagara Bank shares ideas.
"The misfortune here for the banks is that they can have the best fraud-detection systems out there ... but it all breaks down when they call the 'hacker' to verify the transaction," says Gartner's Avivah Litan.
Losses linked to debit fraud now exceed losses connected to check fraud, according to a new survey by the American Bankers Association. How are banks responding to the threat?
Improved collaboration and communication between small businesses and financial institutions is the first step toward improving online security, says Mark Patterson, an ACH fraud victim. What else would help?
Cyberhackers are increasing their efforts to target online credentials. And phishing attacks waged against accountholders at Chase in the U.S. and Barclays in the U.K. have made it clear that banking accounts are the target.
Financial institutions still have a long way to go to fight fraud and mitigate online banking vulnerabilities. But what exactly are the top vulnerabilities, and what can institutions do about them?
The Federal Deposit Insurance Corp. is warning its banks about another strand of phishing attacks purporting to come from the FDIC. The e-mails claim to offer critical information about business bank accounts.
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