At least two banking institutions have posted messages on their websites, alerting members to be wary of a bogus application distributed on mobile phone platforms.
The call to aid the devastated country of Haiti came just hours after a 7.0 earthquake hit the impoverished Caribbean island on Tuesday.
Just as quickly as the tweets came in asking for donations, so too came the cyber criminals looking to divert funds from legitimate charities to their own pockets.
Financial institutions in Georgia, Iowa and Indiana report being hit by the automated phone phishing attacks that have been striking institutions across the U.S. since early last fall.
2010 is the Chinese year of the tiger - a fitting image for banking/security leaders that must be vigilant against the information security threats that challenge financial institutions and their customers.
To prepare for this New Year, we've prepared a Banking/Security Agenda that looks at fraud, regulatory...
Now that the New Year is here and 2009 is behind us, here's a list of all the things that I think that infosec pros at financial institutions would like to receive in 2010
When it comes to protecting their customers' identities, how do the major banking institutions rate?
Javelin Strategy & Research has just released a new Banking Identity Safety Scorecard that ranks the major institutions. In an exclusive interview about the report, James Van Dyke discusses:
How the scorecard was...
While most people are planning time off from work over the holidays, criminals are working overtime this season on new scams to steal personal data.
The latest fraud schemes come from Connecticut, Hawaii and Oklahoma.
"The more things change, the more things stay the same." This old saying holds true when it comes to the different types of fraud hitting financial institutions.
In 2009, institutions were being hit from every angle with fraud schemes -- some were old, and some were new variations. Here is a roundup of the 10...
Interview with Jay Foley of the Identity Theft Resource
Financial scams and incidents of medical identity theft are on the rise - and they're among the main threats to business and consumers in 2010.
This is the warning from Jay Foley, executive director of the Identity Theft Resource Center. In an exclusive...
I'm never surprised anymore when I talk to my contacts out in the "real world" of financial services and they tell me about the different types of fraud schemes they're uncovering.
OK, it's year-end and everybody is thinking about the biggest this, biggest that of the year - of the decade, even. And we'll have our own lists, too, no worries. There's a lot to look back upon this year, and even more to look forward to in 2010.
But what are on my mind today are the big stories that no one seems...
Banking customers in three additional states have received bogus text messages purporting to be from their institutions.
As part a growing wave of similar phishing attempts throughout the nation, customers in Cincinnati, Ohio, St. Louis, Missouri and Lewiston, Idaho last week reported receiving text messages...
For the second time in recent months, bank customers have been sent phishing emails purporting to be from the Federal Deposit Insurance Corp. (FDIC).
Residents in Palo Alto County, IA area have been warned by their banks of the email scam. The FDIC also on Thursday sent out an alert about the scam to all security...
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