Are Your Employees’ Old Phone Numbers Creating Vulnerabilities?

In the last hour, I’ve used my phone to take pictures of my teenagers, spy on my dogs while I was out of the house, pay my electric bill and watch a funny video. Then, while buying some new dish towels (yet another use), I used my phone as an identity document without even realizing […]

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

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 being intercepted and halted. This is the work of a professional and organized gang that […]

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

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 simple short message server (SMS) stealer and rapidly evolved into one of the most advanced actors in the financial fraud landscape. Ginp has primarily targeted Spanish banks, but recent evidence […]

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

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

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The Role of Evil Downloaders in the Android Mobile Malware Kill Chain

Malware on official mobile app stores is a growing concern for all users. Increasingly, malware developers are getting around sophisticated app store controls by using mobile malware downloaders.

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Clone or Swap? SIM Card Vulnerabilities to Reckon With

SIM card vulnerabilities leave organizations exposed to SIM swapping and SIM cloning attacks. IBM X-Force findings from dark web analysis suggest these threats are not slowing down anytime soon.

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Cybercrime Results Are In and The Winner Is?

If cybercrime were a legitimate business, it might be one stock market enthusiasts would consider investing in. Or at least that is what the data from 2018 indicates with growth in fraud attacks across every category. Learn how fraudsters are leveragi… Continue reading Cybercrime Results Are In and The Winner Is?

A week in security (May 28 – June 3)

A roundup of the security news from May 28 – June 3, including Instagram scams, America Geeks, IoT flaws, and more.
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Week in security

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RSA Report: Mobile App Fraud Transactions Increased Over 600 Percent in Three Years

Phishing accounted for 48% of all cyber attacks observed by RSA in the first quarter of 2018 while two out of every three fraud transactions originated in the mobile channel. Learn more about the current state of cybercrime and fuel the conversation a… Continue reading RSA Report: Mobile App Fraud Transactions Increased Over 600 Percent in Three Years

Omnichannel Fraud Prevention: Managing Risk in a Digital Age

Several payment trends drive the need for omnichannel fraud management. From consumer preferences and FinTech innovations to regulatory drivers, such as PSD2 and Faster Payments, learn what is creating changes in the payments industry in 2018.
The pos… Continue reading Omnichannel Fraud Prevention: Managing Risk in a Digital Age