Category: banking

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Cybercriminals Targeting Payroll Sites

Posted on By infossl
banking, credentials, scams, Security technology, social engineering, Uncategorized

Microsoft is warning of a scam involving online payroll systems. Criminals use social engineering to steal people’s credentials, and then divert direct deposits into accounts that they control. Sometimes they do other things to make it harder for the victim to realize what is happening. I feel like this kind of thing is happening everywhere, … Read More “Cybercriminals Targeting Payroll Sites” »

Details of a Scam

Posted on By infossl
banking, impersonation, scams, Security technology, social engineering, Uncategorized

Longtime Crypto-Gram readers know that I collect personal experiences of people being scammed. Here’s an almost: Then he added, “Here at Chase, we’ll never ask for your personal information or passwords.” On the contrary, he gave me more information—two “cancellation codes” and a long case number with four letters and 10 digits. That’s when he … Read More “Details of a Scam” »

CFPB’s Proposed Data Rules

Posted on By infossl
banking, data privacy, privacy, regulation, Security technology, Uncategorized

In October, the Consumer Financial Protection Bureau (CFPB) proposed a set of rules that if implemented would transform how financial institutions handle personal data about their customers. The rules put control of that data back in the hands of ordinary Americans, while at the same time undermining the data broker economy and increasing customer choice … Read More “CFPB’s Proposed Data Rules” »

PIN-Stealing Android Malware

Posted on By infossl
android, banking, biometrics, malware, pins, Security technology, Uncategorized

This is an old piece of malware—the Chameleon Android banking Trojan—that now disables biometric authentication in order to steal the PIN: The second notable new feature is the ability to interrupt biometric operations on the device, like fingerprint and face unlock, by using the Accessibility service to force a fallback to PIN or password authentication. … Read More “PIN-Stealing Android Malware” »

New York Increases Cybersecurity Rules for Financial Companies

Posted on By infossl
banking, computer security, cybersecurity, ransomware, regulation, Security technology, Uncategorized

Another example of a large and influential state doing things the federal government won’t: Boards of directors, or other senior committees, are charged with overseeing cybersecurity risk management, and must retain an appropriate level of expertise to understand cyber issues, the rules say. Directors must sign off on cybersecurity programs, and ensure that any security … Read More “New York Increases Cybersecurity Rules for Financial Companies” »

Credit Card Fraud That Bypasses 2FA

Posted on By infossl
banking, credit cards, fraud, Security technology, smartphones, two-factor authentication, Uncategorized

Someone in the UK is stealing smartphones and credit cards from people who have stored them in gym lockers, and is using the two items in combination to commit fraud: Phones, of course, can be made inaccessible with the use of passwords and face or fingerprint unlocking. And bank cards can be stopped. But the … Read More “Credit Card Fraud That Bypasses 2FA” »

Bizarro Banking Trojan

Posted on By infossl
backdoors, banking, credentials, cryptography, malware, reports, Security technology, Uncategorized

Bizarro is a new banking trojan that is stealing financial information and crypto wallets. …the program can be delivered in a couple of ways­ — either via malicious links contained within spam emails, or through a trojanized app. Using these sneaky methods, trojan operators will implant the malware onto a target device, where it will … Read More “Bizarro Banking Trojan” »

Details of a Computer Banking Scam

Posted on By infossl
banking, phones, psychology of security, scams, Security technology, social engineering, Uncategorized, video

This is a longish video that describes a profitable computer banking scam that’s run out of call centers in places like India. There’s a lot of fluff about glitterbombs and the like, but the details are interesting. The scammers convince the victims to give them remote access to their computers, and then that they’ve mistyped … Read More “Details of a Computer Banking Scam” »