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China-based SMS Phishing Triad Pivots to Banks

Krebs on Security

The site will then complain that the visitor’s bank needs to “verify” the transaction by sending a one-time code via SMS. In reality, the bank is sending that code to the mobile number on file for their customer because the fraudsters have just attempted to enroll that victim’s card details into a mobile wallet.

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Fake bank ads on Instagram scam victims out of money

Malwarebytes

Ads on Instagram—including deepfake videos—are impersonating trusted financial institutions like Bank of Montreal (BMO) and EQ Bank (Equitable Bank) in order to scam people, according to BleepingComputer. From there, it’s likely the scammers will empty the bank account and move on to their next victim.

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Why Take9 Won’t Improve Cybersecurity

Schneier on Security

There’s a new cybersecurity awareness campaign: Take9. But the campaign won’t do much to improve cybersecurity. ” was an awareness campaign from 2016, by the Department of Homeland Security—this was before CISA—and the National Cybersecurity Alliance. First, the advice is not realistic.

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Coyote Banking Trojan targets Brazilian users, stealing data from 70+ financial apps and websites

Security Affairs

Coyote Banking Trojan targets Brazilian users, stealing data from over 70 financial applications and websites. FortiGuard Labs researchers detected a campaign using LNK files executing PowerShell commands to deploy the Coyote Banking Trojan. Then the malware starts monitoring the active window. ” concludes the report.

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How Preparation and Strategy Can Be Used to Fight and Defeat Any Ransomware Attack

Speaker: Karl Camilleri, Cloud Services Product Manager at phoenixNAP

As a result, data protection needs to be a concern for most banks, businesses, and information technology specialists. It’s mindboggling, but right now for 49% of respondents, cybersecurity is their primary business concern. million attacks, the threat marked a 148% increase compared to 2020 and was the most expensive year on record!

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Billion Dollar CyberSecurity Annual Budgets Have Arrived

Joseph Steinberg

Major American banks and various other parties serving them are each spending $1 Billion per year on cybersecurity, according to Bank of America’s CEO, Brian Moynihan. So there is a lot of money being spent on this, and I think one of the things our industry has done a great job of is working together.”

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Scammers hijack websites of Bank of America, Netflix, Microsoft, and more to insert fake phone number

Malwarebytes

In the latest example of this type of scam, we found tech support scammers hijacking the results of people looking for 24/7 support for Apple, Bank of America, Facebook, HP, Microsoft, Netflix, and PayPal. We don’t just report on threats—we remove them Cybersecurity risks should never spread beyond a headline.

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