Fraud Attack

Fraud Attack
Mexican Banking Exec Still Worried About Cyberattacks
May 31, 2018

The immediate danger has passed – but the threat is still there. That was the message on Wednesday (May 30) from Alejandro Diaz de Leon Carrillo, governor of the Bank of Mexico. According to Reuters, he said that “no further cyberattacks on banks had been...

Fraud Attack
Ransomware Attack Cost City Of Atlanta Over $2M
April 24, 2018

Last month, Atlanta’s city government was the victim of a ransomware attack that wound up costing it more than $2 million. According to Engadget, while the ransom demand was about $51,000, the city spent a small fortune trying to correct the situation. Firms Secureworks and...

Fraud Attack
Former SunTrust Employee Tried To Steal Data On 1.5M Clients
April 20, 2018

SunTrust Banks has revealed that a former employee tried to download information on nearly 1.5 million clients and share it with a criminal third party. According to news from Reuters, Chief Executive Officer William Rogers announced the incident during an earnings call with analysts on Friday...

Fraud Attack
US And UK Blame Russia For NotPetya Virus
April 17, 2018

The United States and Britain have accused Russia of releasing a cyberattack that impacted computers around the world and could be used to launch offensive attacks. According to Reuters, the attack was launched on computer routers, firewalls and other networking equipment used by government agencies,...

Fraud Attack
City Union Bank Says Hackers Transferred $2M
February 19, 2018

City Union Bank, the Indian bank, disclosed this past weekend that it was hacked — with bad guys transferring close to $2 million. According to a report in Reuters, the close to $2 million was the result of three unauthorized remittances to lenders. The transfers...

Fraud Attack
Trending Topics Are New Hacker Tool
February 16, 2018

Hackers have been using trending topics, such as FIFA 2018 and bitcoin, to trick users into offering up their personal information. That’s according to Kaspersky Lab’s “Spam and Phishing in 2017” report, which found the bad guys have been using trending topics to trick people...

Fraud Attack
Cybercrimes Cost Financial Service Firms $18M, On Average
February 14, 2018

Financial services firms, above any other industry, rack up the most in damages following a cyberattack, a new report from Accenture and Ponemon Institute found. Business Wire said the rate of data breaches targeted at financial services companies has tripled over the past five years....

Fraud Attack
Malware Attack On National Stores Inc. Exposed Payment Data
January 31, 2018

Following a malware attack that allowed “unauthorized parties” to access customer credit card information, off-price retailer National Stores is seeking to prevent fraudulent activity and improve the security of its point-of-sale (POS) systems, the company said in an announcement. “We have been working closely with...

Fraud Attack
Affiliate Websites Spoof Cryptocurrency Exchanges
January 05, 2018

Fake landing pages are spoofing websites for popular cryptocurrency exchange desks, TheNextWeb reports. The pages, which are meant to look like legitimate websites for exchanges such as Binance, actually only contain affiliate links programmed to forward visitors to the real exchange websites. While the Binance...