Banking & Finance December 9, 2022

Why Cybersecurity Risk Assessment Matters in the Banking Industry

4 min read - When customers put money in a bank, they need to trust it will stay there. Because of the high stakes involved for the customer, such as financial loss, and how long it takes to resolve fraud and potential identity theft,…

Banking & Finance August 3, 2022

Cost of a Data Breach: Banking and Finance

4 min read - The importance of cybersecurity has touched almost every industry. Beyond that, robust cybersecurity is table stakes for several sectors, particularly health care and the banking and finance industry. Not only is financial data at risk, but so is customer trust.…

Application Security May 26, 2022

Lessons Learned by 2022 Cyberattacks: X-Force Threat Intelligence Report

3 min read - Every year, the IBM Security X-Force team of cybersecurity experts mines billions of data points to reveal today’s most urgent security statistics and trends. This year’s X-Force Threat Intelligence Index 2022 digs into attack types, infection vectors, top threat actors,…

Banking & Finance March 31, 2022

2022 Banking & Finance Security Intelligence Roundup

3 min read - The banking and finance industries deliver more services online now than ever before due to the pandemic. As a result, banking cybersecurity became more important than ever this year. Some of the threats to big data security in recent years…

Mobile Security November 17, 2021

BrazKing Android Malware Upgraded and Targeting Brazilian Banks

12 min read - Nethanella Messer and James Kilner contributed to the technical editing of this blog. IBM Trusteer researchers continually analyze financial fraud attacks in the online realms. In recent research into mobile banking malware, we delved into the BrazKing malware’s inner workings…

Banking & Finance October 6, 2021

Banking and Finance Data Breaches: Costs, Risks and More To Know

3 min read - As each year passes, cybersecurity becomes more important for businesses and agencies of every size, in nearly every industry. In 2020, ransomware cases grew by 150%, and every 39 seconds, a new attack is launched somewhere on the web. A…

Advanced Threats April 23, 2020

New Study Shows Consumers Could Be Vulnerable to COVID-19 Spam

5 min read - Since March 11, IBM X-Force has observed a more than 6,000 percent increase in COVID-19 spam, with lures ranging the full gamut of challenges and concerns facing individuals.

Advanced Threats March 24, 2020

TrickBot Pushing a 2FA Bypass App to Bank Customers in Germany

13 min read - Our team is closely monitoring TrickBot's developing capabilities, including its new cross-channel attacks using the TrickMo component.

March 9, 2020

Geost Banking Trojan Targets Russian Banks Via Unofficial Webpages

2 min read - Security researchers observed attackers using unofficial webpages in an attempt to target Russian financial institutions with the Geost banking Trojan.

Malware February 19, 2020

Emotet SMiShing Uses Fake Bank Domains in Targeted Attacks, Payloads Hint at TrickBot Connection

3 min read - Before a short lull in mid-February, Emotet was in the midst of a rise in activity that has been apparent since late 2019 — in terms of both spam and infecting potential victims via SMiShing attacks.