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Banking sites crippled by Iran-sponsored DDoS, US officials claim
- Iran is being blamed for a recent wave of cyberattacks, namely a series of Distributed Denial of Service attacks launched against major financial institutions. Affected financial institutions include, but may not be limited to, Bank of America, Chase, Citigroup, Wells Fargo,…
Trojan bypasses two-factor authentication, steals $46.5 million
- A sophisticated, multi-layered trojan dubbed "Eurograbber" is estimated to be responsible for siphoning over €36 million -- or about $46.5 million -- from the bank accounts of unsuspecting Europeans. In a case study (pdf) performed by Versafe and Check Point Software Technologies, researchers reveal…
New worm is designed to attack Iran financial institutions
- Stuxnet garnered a ton of media attention when it managed to cripple Iran’s nuclear program but a new worm recently detailed by Symantec is attacking the country on a different and perhaps even more damaging level.
'Man in the Browser' malware defeats banks' two-step online authentication
- A new breed of malware called a Man in the Browser (MitB) attack can successfully bypass a bank’s two-step online authentication process. In most cases, the victim isn't even aware their account has been compromised until it's too late. …
New Trojan steals phone details, routes bank calls to crooks
- Banks have been fighting a tough battle to secure customer's private banking information as cybercrooks find increasingly more complex methods of breaking the security layers protecting their online services. Now they have a new threat to worry about, a Trojan…
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