threat updates
GLOBAL
IBM Security Trusteer ’ s mobile security research team has recently discovered a major mobile banking fraud operation that managed to steal millions of dollars from financial institutions in Europe and the US within a matter of days in each attack before being intercepted and halted . Craig Young , Principal Security Researcher at Tripwire , said : “ While there are various things consumers can do to reduce their likelihood of becoming a victim of such attacks , financial institutions themselves seem to be in a much better position to combat this and other fraud schemes .” www . intelligentciso . com
25