A remote overlay malware that is attacking Latin American banks met its match in a solution built from behavioral biometrics, deep research, reverse engineering and finely tuned threat modeling.
The majority of financial cybercrime risks can be mitigated with continued user education and by placing the right controls on user devices to help protect against malware.
A new, upgraded version of remote access malware Client Maximus points to the growing sophistication of cybercriminals in Brazil.
IBM X-Force researchers discovered a new malware called Client Maximus that contains advanced code written specifically to attack banks in Brazil.
Although Brazilian malware tends to be unsophisticated, cybercrime continues to thrive due to the general population's lack of security awareness.
An old-school form of malware is taking off in Brazil, putting many of the country's Internet users at risk of serious financial fraud.
IBM Security Trusteer has discovered a tool called KL-Remote that is helping cybercriminals in Brazil commit online banking fraud with a "virtual mugging."
SVPENG may be the first of its kind: A PC-grade malware for mobile devices that is now targeting new regions with overlay attack and mobile ransomware.