Banking Malware news and trends

Creator Of Bank Hacking Gozi Malware To Pay $6.9M

May 04, 2016
Hacker behind Gozi malware sentenced
Bank Malware Hackers To Spend 24 Years In Jail
Security & Fraud // April 22, 2016

Two hackers were sentenced to a combined 24 years in U.S. prison for stealing hundreds of millions of dollars from financial institutions across the globe using the malware SpyEye. The Trojan virus was disguised as legitimate software and subsequently infected more than 50 million computer...

‘Double-Headed Beast’ Banking Malware Is On The Prowl
Security & Fraud // April 18, 2016

A hybrid Trojan malware is on the loose and has been used in attacks against more than 24 different U.S. and Canadian banks. IBM X-Force Research uncovered the new threat, dubbed GozNym, because it is a combination of Nymaim and Gozi ISFB malware, and believes...

Are Banks Equipped To Tackle Banking Malware?
Security & Fraud // January 08, 2016

While banks and security companies may be putting up their best efforts to fight off cyberthreats, the infection rates of banking Trojans remain on the rise, ZDNet reported Thursday (Jan. 7). Morten Kjaersgaard, CEO of Danish security company Heimdal, told ZDNet the usage of the...

The Latest Data On Mobile Banking Threats
Security & Fraud // December 23, 2015

Mobile financial threats are now among the ranks of the top ten malicious programs that were created to steal money, according to new data from Kaspersky Lab. In its latest security bulletin about the trends in 2015, it dives into what it calls the “rapid...

Quick Reads
Creator Of Bank Hacking Gozi Malware To Pay $6.9M

May 04, 2016
The Russian national behind global banking malware that was responsible for stealing money from bank accounts across the U.S. and Europe was sentenced on Monday (May 2) to the 37 months he has served in custody and to cough up $6.9 million for his crimes. Nikita Kuzmin, who created the “Gozi” malware, pled guilty to […]

Bank Malware Hackers To Spend 24 Years In Jail

April 22, 2016
Two hackers were sentenced to a combined 24 years in U.S. prison for stealing hundreds of millions of dollars from financial institutions across the globe using the malware SpyEye. The...

‘Double-Headed Beast’ Banking Malware Is On The Prowl

April 18, 2016
A hybrid Trojan malware is on the loose and has been used in attacks against more than 24 different U.S. and Canadian banks. IBM X-Force Research uncovered the new threat,...

Are Banks Equipped To Tackle Banking Malware?

January 08, 2016
While banks and security companies may be putting up their best efforts to fight off cyberthreats, the infection rates of banking Trojans remain on the rise, ZDNet reported Thursday (Jan....