financial services

Advertising Trouble: Malicious ads that inject onto banking websites

Between 5 and 15 percent of all visitors to some banking websites see ads there that don’t belong, according to some cybersecurity surveys. Some of those ads are barely legal browser plugins and extensions or ads placed by mobile carriers trying to make more money from abusing their users’ trust. However, increasingly such ads are

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Roundabout Targeting

Consumer devices are the most vulnerable point for bank cyberattacks By Maria Korolov Cybercriminals who attack banks are more likely to focus on their online customers, according to the latest Verizon Data Breach Investigations Report. End-user devices were involved in 82 percent of all financial incidents, compared with about half for all industries on average.

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Escalating Defenses

New Jersey’s Provident Bank expands staff training and email encryption to enhance information security After the epidemic of high-profile nonbank data breaches last year, New Jersey’s Provident Bank took another look at its own security measures and considered ways to beef them up. “Data protection has always been a major tenet for the bank,” says

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Card Crush: Credit card criminals try to exploit a rushed Apple Pay rollout

Apple Inc.’s rollout of its Apple Pay mobile payments app has been fraught with expensive card payment fraud, according to news reports. The much-vaunted iPhone tap-and-pay system’s state-of-the-art tokenization payment security is working fine. But a spike in mobile payment fraud with stolen credit card numbers has reportedly occurred when a few large credit card

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Malware For Lease

A new botnet is helping cybercriminals phish for community bank customers Computer hackers typically cast their phishing nets expecting to hook megabank customers. After all, the overwhelming odds are that the most computers infected by random phishing emails or drive-by malware infections from nefarious websites will be owned customers of the largest chain banks. But

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Lessons from the Sony Breach

By now you know that hackers calling themselves “Guardians of Peace” went through Sony Pictures Entertainment like a hot knife through butter. They collected everything–high-quality copies of unreleased films, employee passwords, emails, salary numbers, movie scripts, contracts, medical records, celebrity aliases, and Brad Pitt’s phone number–and released it all to the public. There were more

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