PhoneFactor Publishes New Whitepaper on Malware Threats
ZeuS and Other Malware Threats Force Authentication to ‘Step Out’ Of Band When it comes to IT security, it is easy to simply stick with what you know. However, the threat landscape and the needs of users are rapidly changing, and technology must evolve even more quickly to stay ahead of them. And, of course, [...]
I Hate To Tell You This, But Your PC Cannot Be Trusted
ZeuS, SpyEye, SpyZeuS, and its countless variants have infiltrated an astounding number of PCs with malware increasingly designed to target a computer’s operating system, making it extremely powerful and difficult for anti-virus software to detect and remove. ZeuS-style malware is impervious to one-time passcode technologies and most other strong authentication methods available today. Security tokens [...]
Part III: Can Security Be A Competitive Differentiator For Banks?
Parts I and II of our series on the recent Online Banking Security Survey addressed the technical side of online banking fraud, namely the top threats and mitigation strategies. This post, the final installment in the series, looks at the more human side of the issue – how risk and security impact a bank’s customers. [...]
Part II: What’s Wrong With One-Time-Passcodes?
Part I of our series on the recent Online Banking Security Survey highlighted the shift toward real-time attacks from online banking trojans, such as ZeuS, which are now seen as the greatest threat to online banking. Unfortunately, most of the security measures in place today do not protect against ZeuS-style malware. This post, part two [...]
And the survey says…
The results of our Online Banking Security Survey are in and will be published here as a three part series. The first installment focuses on a clear shift in the threat landscape, the second on what banks are doing to protect their customers, and finally, the series will wrap up with a look at the [...]
In The Fight Against Online Banking Fraud, Every Minute Counts
Man-in-the-middle (MITM) attacks from malware and online banking trojans like Zeus are responsible for millions of dollars in fraudulent financial transactions each month and defeat many of the security measures put in place to protect against them. Every day that passes brings a new headline about online banking fraud: • Accounts raided in global bank [...]
