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Posts Tagged ‘financial fraud’

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 following a sample found by MalwareHunterTeam. BrazKing is an Android banking Trojan from the overlay category. It mostly targets mobile banking users in Brazil and is likely operated […]

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Mobile devices are also increasingly being used to manage a critical and important asset for all of us: our money. According to the Federal Reserve Board report “Consumers and Mobile Financial Services 2013,” in the United States “48 percent of smartphone owners have used mobile banking in the past 12 months, up from 42 percent […]

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Financial theft is one of the most lucrative forms of cybercrime. Malware authors continue to deliver sophisticated tools and techniques to unlock online bank accounts. Attackers design and develop botnets to perform financial fraud, targeting banks and other institutions for profit. These botnets traditionally have monitored victims’ Internet activities and intercepted banking transactions to extract […]

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