Do you ever wonder if your cryptocurrency platform cashes in ransomware payments? Maybe not, but it might be worth investigating. Bitcoin-associated ransomware continues to plague companies, government agencies and individuals…
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Kronos Malware Reemerges with Increased Functionality
The Evolution of Kronos Malware The Kronos malware is believed to have originated from the leaked source code of the Zeus malware, which was sold on the Russian underground in…
Why Cybersecurity Risk Assessment Matters in the Banking Industry
When customers put money in a bank, they need to trust it will stay there. Because of the high stakes involved for the customer, such as financial loss, and how…
Cost of a Data Breach: Banking and Finance
The importance of cybersecurity has touched almost every industry. Beyond that, robust cybersecurity is table stakes for several sectors, particularly health care and the banking and finance industry. Not only…
What Do Financial Institutions Need to Know About the SEC’s Proposed Cybersecurity Rules?
On March 9, the U.S. Securities and Exchange Commission (SEC) announced a new set of proposed rules for cybersecurity risk management, strategy and incident disclosure for public companies. One intent…
New DOJ Team Focuses on Ransomware and Cryptocurrency Crime
While no security officer would rely on this alone, it’s good to know the U.S. Department of Justice is increasing efforts to fight cyber crime. According to a recent address…
SEC Proposes New Cybersecurity Rules for Financial Services
Proposed new policies from the Securities and Exchange Commission (SEC) could spell changes for how financial services firms handle cybersecurity. On Feb. 9, the SEC voted to propose cybersecurity risk…
Top Security Concerns When Accepting Crypto Payment
From Microsoft to AT&T to Home Depot, more companies are accepting cryptocurrency as a way to pay for products and services. This makes perfect sense as crypto coins are a…
TrickBot Bolsters Layered Defenses to Prevent Injection Research
This post was written with contributions from IBM X-Force’s Limor Kessem and Charlotte Hammond. The cyber crime gang that operates the TrickBot Trojan, as well as other malware and ransomware…
BrazKing Android Malware Upgraded and Targeting Brazilian Banks
Nethanella Messer and James Kilner contributed to the technical editing of this blog. IBM Trusteer researchers continually analyze financial fraud attacks in the online realms. In recent research into mobile…