Wednesday, July 17, 2024

Prepaid debit cards turn out to be a weak link in bank security

A brazen gang of cyber criminals, who stole $45 million from bank ATMs in 27 countries, exposes an Achilles heel in the global financial industry: prepaid debit cards. Cyber security experts and industry analysts say the burgeoning use of prepaid debit cards for everything from gift certificates to disaster relief handouts is

Hackers are using three families of malware in exploiting user trust in supposedly safe websites

By Tom Brewster Some savvy cyber criminals have used just three families of malware to infect around five million systems, in what one security firm has labelled the “trust phenomenon.” Rather than using more shady areas of the internet, such as pornography or download sites, to spread infection, the hackers tracked by avast! have sought ... Read more