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What Are Social Engineering Scams?

Identity IQ

What Are Social Engineering Scams? Thanks, Your CEO This common scenario is just one example of the many ways scammers may attempt to trick you through social engineering scams. Read on to learn how to recognize social engineering attacks, their consequences, and tactics to avoid falling for them.

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Digital Banking - Case Study

Approachable Cyber Threats

Banks are taking revolutionary approaches to digitize and streamline the customer experience - but these measures could come with a cost without strategic cybersecurity measures. The world is changing, and the banking industry is evolving too. The Industry Digital banking is transforming the way people access and manage their finances.

Banking 94
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Android malware BRATA can wipe devices

Malwarebytes

Cleafy, a cybersecurity firm specializing in online fraud, has published new details about banking Trojan BRATA (Brazilian Remote Access Tool, Android), a known malware strain that first became widespread in 2019. But how does such dangerous malware end up on victims’ devices? Out with the old. How BRATA is spread.

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VASCO rebrands as OneSpan, makes acquisition, to support emerging mobile banking services

The Last Watchdog

Bank patrons in their 20s and 30s, who grew up blanketed with digital screens, have little interest in visiting a brick-and-mortar branch, nor interacting with a flesh-and-blood teller. This truism is pushing banks into unchartered territory. So banks are all in. LaSalla: Back in the day it was hardware tokens for banks.

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Ransomware realities in 2023: one employee mistake can cost a company millions

Security Affairs

With 85% of campaigns targeting victims with phishing emails containing malicious links, another form of a social engineering attack, education and cyber vigiliance remain a high priority. The MGM attacks were almost identical to the social engineering attacks on Caesars, which targeted a third-party IT help desk.

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Cerberus, a new banking Trojan available as malware-as-a-service in the underground

Security Affairs

Security experts analyzed a new interesting Android banking Trojan, dubbed Cerberus, that is offered for rent by its author. A new malware-as-a- service dubbed Cerberus has emerged in the threat landscape, it is an Android RAT developed from scratch that doesn’t borrow the code from other malware.

Banking 93
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Financial cyberthreats in 2023

SecureList

A significant share of scam, phishing and malware attacks is about money. Methodology In this report, we present an analysis of financial cyberthreats in 2023, focusing on banking Trojans and phishing pages that target online banking, shopping accounts, cryptocurrency wallets and other financial assets. million in 2022.