
For most IT professionals, the answer is ZERO, NADA, ZIP, ZILCH. We recently surveyed more than 300 IT professionals, and their responses indicate an overwhelming lack of confidence in the security of their corporate networks. This was particularly apparent when IT pros were asked how much of their own money they would stake that their [...]
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 [...]
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 [...]
Incidents of online banking fraud have risen to unprecedented levels, while retail and commercial banking customers are growing increasingly dependent on their trusted service providers to insulate them from the malicious threats that continue to increase in number and severity. A recent study released by the Ponemon Institute and Guardian Analytics (2010 Business Banking Trust [...]
PhoneFactor has extended its reach into the banking industry by partnering with Fiserv, the leading global provider of financial services technology solutions, providing online banking and bill payment services to thousands of financial institutions, and launching the Universal Banking Gateway. Both will allow PhoneFactor to easily integrate with online banking applications to provide much-needed out-of-band [...]