MOSCOW, May 22 (Xinhua) -- The Russian police have detained a group of 20 hackers suspected of stealing over 50 million rubles (around 875,000 U.S. dollars) from people's bank accounts by infecting smartphones with a Trojan virus, the Russian Interior Ministry said Monday. "The group mem...
Despite increased online and mobile banking security, banks are more often being targeted by hackers. A hacker group has infiltrated a number of banks and financial institutions in several countries, stealing hundreds of Millions of dollars in possibly the biggest bank heist the world has ever seen...
Check fraud:Check fraud involves stealing money by writing illegal checks. Even though the overall use of checks is declining, check fraud is currently on the rise in the U.S. In 2022, check fraudincreased by 84%and caused consumers to lose $815 million. ATM skimming:ATM skimming is a ty...
They allegedly wired the stolen money to so-called “money mules” who transferred the funds online to the criminals or even withdrew them as cash. Victims included two banks, a school district, and manufacturing companies, prosecutors said. “Maksim Yakubets allegedly has been engaged...
A software vulnerability is suspected of being to blame for a hack through which criminals transfer more than 300 million pesos (over US $15 million) out of Mexican banks. Officials from Mexico's central bank confirmed to Reuters that a series of "irregular"...
IBM Trusteer reports that a hacking group is using mobile emulators to spoof banking customers' mobile devices and steal millions of dollars from banks in the U.S. and Europe. See Also: Top 10 Technical Predictions for 2025Although the first wave of attacks using these mobile emulators has ...
The joint investigation revealed that Yakubets "also provides direct assistance to the Russian government" by stealing confidential documents through state-sponsored cyberattacks. The duo has been alleged to have victimized 21 specific municipalities, private companies, banks, and non-profit organizations ...
However, this is precisely some of the sensitive data that hackers want most. Not only can they use it to steal money, but also to execute more effective blackmail scams. Luckily, banks have ramped up security on card sales, demanding OTP authorization and other secondary security measures. ...
money. but before the north koreans could act, us intelligence agencies caught a whiff that something was amiss. while it seems the us government did not know specifically which financial institution the north koreans had compromised, the fbi issued a private message to banks on august 10. in...
Hackers are constantly on the prowl to steal your information, money, and even your identity. They’re looking for ways to get inside your account and take advantage of you. One of the best ways to stop a hacker from hacking Instagram accounts is by using two-factor authentication. Thismean...