Banking & Finance July 1, 2021

Confessions of a Famous Fraudster: How and Why Social Engineering Scams Work

6 min read - In a world in which bad news dominates, social engineering scams that carry a promise of good news can be incredibly lucrative for cyber criminals. In one recent example, fraudsters set up a phony job posting using a real recruiter…

Advanced Threats June 23, 2021

Ursnif Leverages Cerberus to Automate Fraudulent Bank Transfers in Italy

9 min read - Contributed to this research: Segev Fogel, Amir Gendler and Nethanella Messer. IBM Trusteer researchers continually monitor the evolution and attack tactics in the banking sector. In a recent analysis, our team found that an Ursnif (aka Gozi) banking Trojan variant…

Banking & Finance December 15, 2020

IBM Trusteer Exposes Massive Fraud Operation Facilitated by Evil Mobile Emulator Farms

7 min read - IBM Security Trusteer’s mobile security research team has recently discovered a major mobile banking fraud operation that managed to steal millions of dollars from financial institutions in Europe and the US within a matter of days in each attack before…

Application Security June 18, 2020

Ginp Malware Operations are on the Rise, Aiming to Expand in Turkey

5 min read - The Ginp mobile banking malware, which emerged in late 2019, is one of the top most prevalent Android banking malware families today. It started as a SMS stealer and rapidly evolved into one of the most advanced actors in the…

Fraud Protection March 17, 2020

2020 Tax Fraud Trends: How to Protect Yourself at Home and Work

8 min read - Scammers view tax season as a prime recruiting season for victims. Here are the most prominent tax fraud trends in 2020 and how to protect your identity and business from risks.

Banking & Finance September 12, 2019

How Will Strong Customer Authentication Impact the Security of Electronic Payments?

3 min read - The EU's updated Payment Services Directive, PSD2, will introduce a new technical standard that regulates strong customer authentication (SCA).

Advanced Threats August 8, 2019

From Backhoes to Operating Systems: The Top Five ATM Security Weaknesses

6 min read - Here are the top five ATM security vulnerabilities that X-Force Red, IBM Security's team of veteran hackers, has uncovered during its many years of performing ATM penetration tests.

January 9, 2019

Phishing Kit Uses Custom Web Font to Impersonate Major US Bank

< 1 min read - A new phishing kit uses a custom web font to implement a substitution cipher in its campaign to target customers of a major U.S. bank.

Banking & Finance November 29, 2018

How Daniel Gor Helps Protect the World — and His Grandparents — From Financial Fraud

4 min read - If you've ever gotten a financial fraud alert from your bank, you can thank Daniel Gor for developing the automated processes by which fraud analysts monitor customers' behavioral patterns.

Banking & Finance November 8, 2018

How Tomer Agayev Fights Financial Fraud With Curiosity and Suspicion

3 min read - As threat research team lead at Trusteer, Tomer guards the gateway to both known and unknown threats and passes along his insights to help banking customers protect themselves from social engineering.