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.
Cybercrime gangs continued to target the financial services sector during the second half of 2016 with a variety of high-profile attacks.
Programs such as NACHA's Faster Payments initiative may help U.S. businesses become more competitive, but do shorter transaction times lead to fraud...
IBM X-Force researchers reported that the TrickBot banking Trojan added new attack capabilities designed to target savings banks in Germany.
Formerly only associated with cryptocurrencies such as Bitcoin, blockchain technology will come of age in 2017, yielding use cases across industries.
Financial cybersecurity is more important than ever, according to a recent survey. Two-thirds of respondents reported suffering an attack in the past year.
As cryptocurrencies gain traction with banks and consumers, IT professionals must consider the cybersecurity implications of becoming a cashless society.
The revised Payments Services Directive (PSD2) is designed to open the online banking and e-commerce markets to new forms of regulated payments.
IBM X-Force researchers reported that TrickBot is fully operational and already capable of deploying two of the most advanced browser manipulation methods.