Before it started fading out in June 2016, Shifu malware appeared to be targeting banks in Japan and the U.K. and evolving at a steady pace.
As banking and retail institutions adopt stronger security measures, cybercrime trends are shifting to maximize fraudsters' ROI.
IBM X-Force researchers discovered 20 apps in the Google Play Store that deliver mobile malware to unsuspecting Android users.
TrickBot Habla Español: Trojan Widens Its Attack Scope in Spain, Brings Redirection Attacks to Local Banks
The TrickBot Trojan has been steadily ramping up its activity this year, going into a rather intensive period of updates and attacks that started in Q2.
The state of fintech security will fluctuate based on the industry's ability to maintain regulatory compliance and stay abreast of cybercrime trends.
With so many ways to connect with banks today, financial organizations need omnichannel fraud detection tools to distinguish customers from fraudsters.
Banks and financial institutions require a dynamic strategy to identify emerging cybercrime trends and stop fraudsters in their tracks.