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A coordinated law enforcement operation, in partnership with private sector companies, including Bitdefender, Bitsight, ESET, and Microsoft, has resulted in the takedown of criminal infrastructure powering Amadey and StealC

Bank Info Security 1 year, 1 month ago

Account Takeover Scams Are Bypassing Fraud Defenses

FIs Must Invest in AI-Fueled Behavioral Biometrics to Go Beyond Static CredentialsScammers are increasingly turning to account takeover fraud, as financial institutions ramp up their defenses. Instead of luring victims into making authorized transactions, cybercriminals are bypassing them altogether, hijacking their digital identities and draining accounts from within.

Microsoft has shed light on an ongoing phishing campaign that targeted the hospitality sector by impersonating online travel agency Booking.com using an increasingly popular social engineering technique called ClickFix to deliver credential-stealing malware

Phishers check in, your credentials check out, Microsoft warns An ongoing phishing campaign disguised as a Booking.com email casts keystroke and credential-stealing malware into hospitality employees' inboxes for financial fraud and theft, according to Microsoft Threat Intelligence.…

Bank Info Security 2 years, 6 months ago

AHA: Rise in Scams Targeting IT Help Desks for Payment Fraud

American Hospital Association Warns of Social Engineering SchemesThe American Hospital Association is warning of increasingly sophisticated social engineering scams targeting hospital IT help desks with schemes involving the stolen credentials of revenue cycle and other finance employees to commit payment fraud against the institutions.

Fraudster and two alleged accomplices nabbed in joint op An Interpol-led operation code-named Killer Bee has led to the arrest and conviction of a Nigerian man who was said to have used a remote access trojan (RAT) to reroute financial transactions and steal corporate credentials. Two suspected accomplices were also nabbed.…