The delicate balance between a seamless customer experience and quality security controls is one that online banking portals need to manage.
For the first time, IBM X-Force Researchers reported Zeus Sphinx activity targeting banks and financial institutions in Canada and Australia.
Cybercriminals who rely on remote control tactics to commit financial fraud may use hidden virtual network computing (hVNC) modules to cover their tracks.
IBM X-Force researchers discovered a new malware called Client Maximus that contains advanced code written specifically to attack banks in Brazil.
IBM X-Force researchers discovered a malicious AV-disabling driver while investigating a financial malware campaign targeting Brazilian bank accounts.
As blockchain appears poised to evolve in 2017, IT managers must work closely with financial regulators to fill any gaps regarding compliance.
Cybercrime gangs continued to target the financial services sector during the second half of 2016 with a variety of high-profile attacks.