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Banks have formidable barriers to external cyber attacks, but some are still vulnerable to internal attacks using social engineering, vulnerabilities in web applications and the help of insiders, a report reveals. As soon as attackers access the internal network, they find friendly terrain that is secured no better than companies in other industries, according to a report on cyber attacks on banks by Positive Technologies. View Full Story ORIGINAL SOURCE: Computer Weekly

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I was looking through my spam folder today and found a phishing email with the subject line "and has a subject line of "FW: Contact Bank of England: Stop Contacting Scammers.." that took me by surprise. This email pretends to be from the United States Department of Treasury and states that $6.5 million USD is being held for you at the Bank of England and that you should contact them in order to transfer the...

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If you use Google Chrome, you may want to think twice about storing your credit card details on the browser. A new malicious software called ‘Vega Stealer’ has been discovered that can steal any credit card details, passwords or files you have stored on either the Google Chrome or Mozilla Firefox browsers. And Proofpoint , who spotted the malware, has warned that it is set to ‘evolve and grow’, targeting more and more users. View...

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Attackers have noticed that the world is getting better at fending off massive distributed denial-of-service attacks, and are trying to overwhelm application processes instead. So says DDoS-deflector Cloudflare, which reckons it's seen a spike in cyber-assaults trying to exhaust high-level server resources, such as per-process CPU time, disk space, and memory allocations, as opposed to overwhelming lower parts of the networking stack. View Full Story ORIGINAL SOURCE: The Register

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Cryptocurrency is one of those things that most of us have heard about and maybe even discussed, even if we don't truly understand it. But for those who have a good grasp of it, opportunity awaits. Though there is not a centralized bank for cryptocurrency, it is not immune from people trying to rob it. Unlike the bank heists of the past, these crimes are committed purely online. View Full Story ORIGINAL SOURCE: Komando

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