article thumbnail

Report: Big U.S. Banks Are Stiffing Account Takeover Victims

Krebs on Security

consumers have their online bank accounts hijacked and plundered by hackers, U.S. But new data released this week suggests that for some of the nation’s largest banks, reimbursing account takeover victims has become more the exception than the rule. Bank , and Wells Fargo.

Banking 292
article thumbnail

Bizarro Banking Trojan

Schneier on Security

Bizarro is a new banking trojan that is stealing financial information and crypto wallets. …the program can be delivered in a couple of ways­ — either via malicious links contained within spam emails, or through a trojanized app.

Banking 362
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

SMS About Bank Fraud as a Pretext for Voice Phishing

Krebs on Security

Smishing messages usually include a link to a site that spoofs a popular bank and tries to siphon personal information. But increasingly, phishers are turning to a hybrid form of smishing — blasting out linkless text messages about suspicious bank transfers as a pretext for immediately calling and scamming anyone who responds via text.

Banking 362
article thumbnail

Cybercrime Rapper Sues Bank over Fraud Investigation

Krebs on Security

A partial selfie posted by Puchmade Dev to his Twitter account. That story showed how Punchmade’s social media profiles promoted Punchmade-themed online stores selling bank account and payment card data. PNC Bank did not respond to a request for comment. Punchmade Dev’s previous online shop (now defunct).

Banking 264
article thumbnail

Everything You Need to Know About Crypto

Speaker: Ryan McInerny, CAMS, FRM, MSBA - Principal, Product Strategy

May 18th, 2023 at 9:30 am PDT, 12:30 pm EDT, 5:30 pm BST

article thumbnail

Sendgrid Under Siege from Hacked Accounts

Krebs on Security

Email service provider Sendgrid is grappling with an unusually large number of customer accounts whose passwords have been cracked, sold to spammers, and abused for sending phishing and email malware attacks. “And I just am not seeing anything this egregious in terms of viruses and spams from the other email service providers.”

article thumbnail

Scammers Sent Uber to Take Elderly Lady to the Bank

Krebs on Security

Email scammers sent an Uber to the home of an 80-year-old woman who responded to a well-timed email scam, in a bid to make sure she went to the bank and wired money to the fraudsters. ” “They took control of her screen and said they had accidentally transferred $160,000 into her account,” Hardaway said.

Banking 320