U.S. financial institutions reported a sizable increase last year in the number of computer intrusions that led to online bank account takeovers and stolen funds, according to data obtained by Security Fix. The data also suggest such incidents are becoming far more costly for banks, businesses and consumers alike. The unusually detailed information comes from a non-public report assembled by the Federal Deposit Insurance Corporation, the federal entity that oversees and insures more than 9,000...Please cli
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286 days ago
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286 days ago
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http://www.business24-7.ae/cs/article_show_mainh1_story.aspx?HeadlineID=2605By Ryan Harrison Emirates Business 24/7 February 20, 2008Investment in anti-hacking technology is growing exponentially in the UAEs banking sector as the move towards global e-commerce increases the threat of security breaches, say analysts.It is estimated that resources allocated to information security have risen by more than 200 per cent year-on-year since 2005.Greater awareness of the threat among UAE banks is driving the surg
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279 days ago
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http://www.latimes.com/business/la-fi-taxes27feb27,1,5509545.storyBy Christian Retzlaff and Kim MurphyLos Angeles TimesFebruary 27, 2008BOCHUM, GERMANY -- Investigators have traced more than $296 million in German assets to secretive foundations in Liechtenstein in a widening, worldwide tax-evasion investigation in which 163 Germans have admitted guilt, prosecutors said Tuesday.Separately, the U.S. Internal Revenue Service announced that it was initiating enforcement action against 100 American taxpayers i
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278 days ago
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Compromised accounts within just 25 companies account for nearly half of the identity theft complaints filed with the U.S. Federal Trade Commission, according to recently released FTC data compiled by the University of California, Berkeley.
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198 days ago
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We have been noticing quite a few binaries lately that target Brazilian banks. While most tend to have the same behavior, we found a particular piece that actually encrypted most of its strings to slow down analysis. In this blog we analyze the decryption routine and write a decryption algorithm, as well as note some other general ways to automate dumping of encrypted strings and their associated plaintext. In addition to this technical dive, we also touch on other interesting behaviors of this particular
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134 days ago
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From: InfoSec News <alerts_at_private>Date: Tue, 22 Jul 2008 00:04:07 -0500 (CDT)http://www.bankinfosecurity.com/articles.php?art_id=911By Linda McGlassonManaging EditorJuly 18, 2008Financial institutions should brace themselves for more malicious attacks, as the recent Threat Horizon 2010 report from the Information Security Forum (ISF) warns of an increase in such threats -- including attacks from organized crime and industrial espionage."In general, financial services probably represent the m
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111 days ago
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From: InfoSec News <alerts_at_private>Date: Thu, 14 Aug 2008 01:38:23 -0500 (CDT)http://www.computerweekly.com/Articles/2008/08/13/231805/hackers-access-data-of-american-banks-customers.htmBy Mark WattsComputerweekly.com13 Aug 2008Hackers have accessed confidential details of an estimated 5,000 customers of an American banking group.San Francisco-based Wells Fargo is notifying affected customers of the breach.Details of the breach are contained in a letter that the bank sent to New Hampshire's attorn
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76 days ago
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From: InfoSec News <alerts_at_private>Date: Thu, 18 Sep 2008 03:39:45 -0500 (CDT)http://www.thenational.ae/article/20080916/BUSINESS/75296675/1041/OPINIONBy Hugh Naylor and H Michael JaliliThe NationalSeptember 16. 2008An investigation by financial institutions into a recent security breach of private ATM card data points to the problem originating with one UAE-based bank, according to people familiar with the investigation into the problem.Sensitive information including personal identification numb
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