Tag: account takeover

An Android banking trojan designed to steal credentials and SMS messages has been observed once again sneaking past Google Play Store protections to target users of more than 400 banking and financial apps, including those from Russia, China, and the U.S. "TeaBot RAT capabilities are achieved via the device screen's live streaming (requested on-demand) plus the abuse of Accessibility Services

Fraudsters are now increasingly finding clever ways to exploit this innovative form of financing.

New solutions protect customers from expanding threats to cybersecurity landscape.

New solutions protect customers from expanding threats to cybersecurity landscape

(PRWeb March 01, 2022)

Read the full story at https://www.prweb.com/releases/ironscales_expands_product_offering_across_email_communication_platforms/prweb18524053.htm

A pair of bugs in the Snap-owned tracking app reveal phone numbers and allow account hijacking.

An increase in outsourced development projects also led to a 66% increase in source code leaks.

2021 was another memorable year. Organisations that built remote processes in response to the pandemic have spent the past year optimising and strengthening their systems to ensure a positive and

The post Top Three Digital Fraud Prevention Trends for 2022 appeared first on Fintech Singapore.

As the public interest surrounding crypto continues to grow, people are becoming increasingly aware of the risks involved with using this new technology, a recent NordVPN survey found.

The post Are most Americans aware of the risks involved with crypto? appeared first on CryptoSlate.

Financial Institutions Most Targeted Sector, Accounting for 68% of Social Media Attacks

(PRWeb February 15, 2022)

Read the full story at https://www.prweb.com/releases/social_media_attacks_doubled_in_2021_according_to_latest_phishlabs_report/prweb18498441.htm

There's a remote code execution hole in Adobe e-commerce products - and cybercrooks are already exploiting it.

The surge in digital and mobile banking adoption has led to an increase in fraudsters deploying more account takeover (ATO) attacks. Digital is a low-risk, high-reward environment for cyberattacks, Andy Renshaw, senior vice president at fraud and risk management company Feedzai, told Bank Automation News. Account takeovers increased threefold between 2019 and 2021, according to […]

The attacks, which lead to 2FA defeat and account takeover, have accelerated by several hundred percent in one year, leading to thousands of drained bank accounts.