With so many ways to connect with banks today, financial organizations need omnichannel fraud detection tools to distinguish customers from fraudsters.
Virus protection software has come a long way in the past 30 years, and the advent of machine learning represents a bright future for malware fighters.
Since bitcoin conversions are processed on a blockchain, security analysts can trace transactions to determine the root cause of a ransomware attack.
Fraudsters obviously prefer to deal in digital currency to remain anonymous, but bitcoin and ransomware are also intertwined in other, more complex ways.
Banks and financial institutions require a dynamic strategy to identify emerging cybercrime trends and stop fraudsters in their tracks.
The TrickBot Trojan, which recently tested redirection attacks in France, expanded its list of targets to include banks in Sweden and other Nordic areas.
Amid a period of targetless activity, IBM X-Force researchers are wondering where the operators behind the Zeus Sphinx Trojan are planning to strike next.