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Financial Malware Tricks Users With Claims of Free Credit Card Fraud Insurance | PCWorl... - 0 views

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    Tatanga is an online banking Trojan horse that was first discovered in May 2011. It is able to inject rogue Web pages into browsing sessions and affects nine different browsers, including Internet Explorer, Mozilla Firefox, Google Chrome, Opera and Safari.The malware is known to use social engineering techniques against victims in order to bypass security measures enforced by banks, like one-time passwords (OTPs) or transaction authorization numbers (TANs). A new Tatanga configuration detected recently by Trusteer displays a rogue message inside the browser when the victim authenticates on their bank's website, claiming that their bank is offering free credit-card fraud insurance to all customers.The message claims that the new service is provided in partnership with Visa and MasterCard and covers losses that might result from fraudulent online transactions performed with the victim's credit or debit card. The malware grabs the user's real account balance, rounds it up, and presents the result as the allegedly insured sum. The rogue message includes a bank account number that's supposed to be the victim's new insurance account opened by the bank. However, in reality, this account belongs to a money mule--an individual paid to receive money from fraudulent activity on behalf of cybercriminals--said Ayelet Heyman, a security researcher at Trusteer, in a blog post Tuesday.The user is told that to activate the service they need to authorize a transaction from their bank account to their new insurance account. In order to do this, they need to input the transaction authorization code sent by their bank to their mobile phone number. This code allows the malware to finalize the rogue transfer in the background and send the victim's money to the money mule. "In all likelihood, the victim does not expect any funds will be transferred out of their account," Heyman said.The maximum sum that is transferred by the malware in a single transaction is €5,000 or about US$6,500.
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    A piece of financial malware called Tatanga attempts to trick online banking users into authorizing rogue money transfers from their accounts as part of the activation procedure for a free credit-card fraud insurance service purportedly provided by their banks, security researchers from Trusteer said Tuesday. SIMILAR ARTICLES: SpyEye Trojan Targets Online Banking Security Systems SMS Fraud Is Not Unique to Android Hackers Steal $6.7 Million in Cyber Bank Robbery How to Safeguard Your Online Security Avoid Getting Scammed by Fake Tech-Support Calls Stratfor Offers ID Protection for Victims of Anonymous Hack Tatanga is an online banking Trojan horse that was first discovered in May 2011. It is able to inject rogue Web pages into browsing sessions and affects nine different browsers, including Internet Explorer, Mozilla Firefox, Google Chrome, Opera and Safari.The malware is known to use social engineering techniques against victims in order to bypass security measures enforced by banks, like one-time passwords (OTPs) or transaction authorization numbers (TANs). A new Tatanga configuration detected recently by Trusteer displays a rogue message inside the browser when the victim authenticates on their bank's website, claiming that their bank is offering free credit-card fraud insurance to all customers.The message claims that the new service is provided in partnership with Visa and MasterCard and covers losses that might result from fraudulent online transactions performed with the victim's credit or debit card. The malware grabs the user's real account balance, rounds it up, and presents the result as the allegedly insured sum. The rogue message includes a bank account number that's supposed to be the victim's new insurance account opened by the bank. However, in reality, this account belongs to a money mule--an individual paid to receive money from fraudulent activity on behalf of cybercriminals--said Ayelet Heyman, a security researcher at Trusteer, in a blog post
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BBC News - India steps up battle against rising cyber crime wave - 0 views

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    As Ankit Fadia, 28, works on his laptop, his fingers furiously tapping away, there is silence in the packed auditorium in central Delhi.  His projector throws images of codes and symbols onto a white wall, and then suddenly, the crowd bursts into spontaneous applause. Another website has been successfully hacked and unlocked. But rather than doing something illegal, Mr Fadia, who describes himself as an ethical hacker, says he is trying to protect people and businesses from a rising wave of cyber crime. "The difficulty about tackling cyber crime is that it's increasing all the time," says Mr Fadia. "If we control one set of attacks there are hundreds more the next minute. That's why we need our systems, policing, the law, prepared for this kind of cyber onslaught." Spam manager Continue reading the main story " Start Quote Though India has laws aimed at tackling cyber crime, it isn't used effectively" Ankit Fadia Ethical hacker According to a recent report by global research and accounting firm Ernst and Young, data or information theft was the most committed fraud in India last year. That data can be anything from personal details, to bank accounts, to company contacts and secrets. Ernst and Young warns that it could cost companies as much as 5% of their profits if they are targeted by cyber criminals. At the same time, there has been an increase in nuisance internet issues such as spamming, with India recently overtaking the US to become the top global contributor of junk messages. The BBC's Shilpa Kannan reports on what companies are doing to protect themselves from cyber attacks And while this jams an inbox and is a headache for the consumer, for the government there are also more serious issues, such as national security and trying to avoid a potential cyber attack by a terrorist group. According to the Minister of State for Communications and IT, Sachin Pilot, more than 100 Indian government websites were hacked in the first three months of
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Avoiding online scams | Stuff.co.nz - 0 views

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    It's Scam Awareness Week, and David Hall has some tips to keep you safe online. Phishing is essentially an online scam, and phishers are nothing more than tech-savvy con artists. Online scams constantly evolve to reflect popular events in the news. They're successful is because a scam is not about physically attacking a computer, rather fooling the user into clicking on a poisoned link. They use spam, malicious websites, email messages and instant messages to trick people into divulging sensitive information, such as bank and credit card accounts. According to the latest Norton Cybercrime Report, more than 868,206 New Zealanders fell victim to cybercrime in 2010, suffering $288.2 million in direct financial losses. Phishers may use email to request personal information and direct recipients to respond through malicious websites. Look out for phishers using emotional language, scare tactics or urgent requests to entice recipients to respond. Phishing sites can look remarkably legitimate, because they tend to use the copyrighted images from legitimate sites. Be on the lookout for requests for confidential information via email or instant message. Remember that fraudulent messages are often not personalised and poorly written. Lastly, think about any offer, any advertisement, any email, and website before you act on any request. If it looks too good to be true, it probably is. Norton has several free and premium products that can help protect against online scams. Norton Mobile Security Lite protects your mobile device against loss, theft and malware. Safeguard against malicious URLs by scanning your Facebook feed using Norton Safe Web, which protects your friends by advising them of malicious links. The Norton Snap QR Code Reader protects your mobile device from online threats by warning you of dangerous QR codes and blocking unsafe websites before they load on your device. Norton Identity Safe gives you secure access to your website logins, credit card det
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Court ruling: Microsoft Infringed Motorola Patents : : Norton Scientific Reviews - 0 views

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    Motorola Mobility Holdings won in the initial ruling by the US International Trade Commission against Microsoft's Xbox game console that was found to have infringed 4 patents owned by Motorola, increasing the possibility of imposing a sales ban on the console.   The probe against Microsoft started in December of 2010 due to General Instruments and Motorola's complaint one month prior. Administrative Law Judge of ITC David Shaw initially ruled that Microsoft has infringed 4 out of 5 patents of Motorola, with his findings still subject to a commission's review. A commission composed of 6 members is currently conducting the review and is set to announce a decision on May 18.   Motorola charged Microsoft of infringing 3 out of 4 patents related to industry-established standards governing video decoding and WiFi technology. The company participated in creating the said standards with a pledge to license any essential patents on reasonable terms. Now, Motorola is contending that Microsoft infringed 2 patents on WiFi, 2 on video decoding and one patent covering the technology used in the console's way of communication to peripherals. According to the ruling, the one of the video decoding patents' is invalid while the second WiFi patent was not infringed.   Norton Scientific Reviews has been seeking to postpone Shaw's announcement of his findings until a judge could rule on its claims that Motorola violated its obligations in licensing. The hearing regarding that matter was scheduled next week on Seattle.   Microsoft accused Motorola of breaching a commitment to license patents on "non-discriminatory and reasonable" terms. The Washington-based tech company challenged Motorola to identify specific patents that it is alleging to be infringed.   "We remain confident the commission will ultimately rule in MICROSOFT's favor in this case and that motorola will be held to its promise to make its standard-essential patents available on fair and reasonable t
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