Blog Posts Tagged with "Financial"

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Sunspot Financial Malware Targeting Windows Systems

May 13, 2011 Added by:Headlines

"Sunspot was not originally developed as crimeware... We could be witnessing a sea change in malware development where general purpose and little know malware platforms are re-programmed to carry out financial fraud. This will make it even more difficult to defend against..."

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Hyundai Capital Suffers Unprecedented Data Loss Event

April 11, 2011 Added by:Headlines

Estimations indicated that the names, email addresses and telephone numbers of at least 420 thousand clients have been compromised, and that the login credentials, financial information, and credit scores for as many as thirteen thousand accounts may also have been exposed...

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NSA Joins Nasdaq Breach Investigation

March 30, 2011 Added by:Headlines

“By bringing in the NSA, that means they think they’re either dealing with a state-sponsored attack or it’s an extraordinarily capable criminal organization,” said the former head of U.S. counterintelligence Joel Brenner...

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Banks Need You to Be Responsibly Secure

March 27, 2011 Added by:Robert Siciliano

It has become apparent that the conveniences of technology have outpaced consumers’ security intelligence. It is possible to secure systems in a way that will defeat most criminal activity, but that level of security comes with inconveniences that the consumer may not be equipped to handle...

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Financial Trojans: Following the Money

March 16, 2011 Added by:Simon Heron

The malware is able to wait until the victim has successfully logged on to their bank before inserting itself between the browser and the bank’s website and then invisibly transferring money to some individual who believes they are working for a legitimate company...

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Leaked Emails Reveal Morgan Stanley Hit in Aurora Attacks

March 01, 2011 Added by:Headlines

Emails leaked in the HBGary Federal network breach reveal that financial firm Morgan Stanley was also a victim of the highly sophisticated Aurora cyber attacks. "They were hit hard by the real Aurora attacks (not the crap in the news)," read an e-mail by a senior security engineer at HBGary...

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Preventing Online Fraud: Assumptions versus Awareness

February 22, 2011 Added by:Katie Weaver-Johnson

Experts (and vendors) are recommending banks increase their security measures and implement expensive fraud detection solutions. Unfortunately this is merely reacting to a symptom rather than preventing the problem. The root of the problem is uneducated consumers and lack of situational awareness...

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NASDAQ Network Systems Breached by Hackers

February 05, 2011 Added by:Headlines

"Many sophisticated hackers don't immediately try to monetize the situation; they oftentimes do what's called local information gathering, almost like collecting intelligence, to ascertain what would be the best way in the long term to monetize their presence..."

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PCI DSS for Issuers and Financial Institutions

December 02, 2010 Added by:PCI Guru

Financial institutions argue like issuers that the PCI DSS is a merchant and service provider program. You will also hear them argue that the fact that they are state or federally regulated also puts them outside complying with the PCI DSS. All of this is a smoke screen...

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U.S.Banks Vulnerable to Sabotage

December 19, 2008 Added by:Anthony M. Freed

Democratic U.S. Rep. James Langevin of Rhode Island, who chairs the homeland security subcommittee on cybersecurity, said: “We’re way behind where we need to be now.” Dire consequences of a successful attack could include failure of banking or national electrical systems, he said...

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