Malware news and trends

FBI: China Cyberattacks on US Infrastructure Reach New Level
Cybersecurity // February 18, 2024

The Chinese government’s attempts to virtually attack U.S. infrastructure have reportedly reached new levels. That’s according to FBI Director Christopher Wray, who said Sunday (Feb. 18) that such efforts were happening on “a scale greater than we’d seen before,” calling them a defining threat to...

FTC Raises Red Flags Over QR Codes and Fraud
Security & Fraud // December 07, 2023

Consumers who scan a QR code for what they think is a legitimate purpose could actually be giving their personal information to scammers. The Federal Trade Commission (FTC) warned consumers of this threat in a consumer alert posted Wednesday (Dec. 6). “A scammer’s QR code could take you to...

Report: Casino Hacks Likely Caused by Malware-Driven Theft of Employee Credentials
Cybersecurity // September 15, 2023

The recent cyberattacks on Caesars Entertainment and on MGM Resorts reportedly may have been launched with stolen login credentials. A cybersecurity company based in London, DynaRisk, discovered that the login credentials of MGM and Caesars employees were being sold on underground forums for cybercriminals, the Financial Times (FT) reported Friday (Sept. 15). The data...

Largest U.S.-Led Operation Takes Down Qakbot Botnet and Malware
Cybersecurity // August 29, 2023

An international operation has disrupted a major botnet and malware that had caused millions of dollars in damage. Law enforcement agencies from the United States, France, Germany, the Netherlands, the United Kingdom, Romania and Latvia have  disrupted the botnet and malware known as Qakbot, the...

Interviews & Exclusives
Banks Challenged to Strengthen User Authentication as Malware Threat Intensifies

February 07, 2023
The latest generation of malware can automatically cancel biometric security measures. In research seen by PYMNTS, Dutch cybersecurity firm ThreatFabric details how an Android banking Trojan dubbed “SharkBot” can take over a user’s device and cancel the biometric verification pop-up when they attempt to log in to their mobile banking app. When this happens, apps default […]

Why PPP Will Be A Pivot Point For The Future Of Digital Security

April 13, 2020
Small businesses are hurting, which has been reflected in record unemployment numbers, the near-total shutdown of mainstream businesses and in PYMNTS data revealing that as of about two weeks ago,...

From Russia, with Malware: US Charges Hacking Group Evil Corp. In $100M Bank Fraud

December 05, 2019
Call it Russian interference of a different sort that netted $100 million from banks and financial institutions (FIs) in more than 40 countries. What would you expect from an outfit...

Visa: Keeping Online Merchants Safe From The Pipka Skimmer

November 20, 2019
A new version of the card skimmer resides on eCommerce checkout pages, where fraudsters steal consumers' data as it is entered. The newest sinister iteration of JavaScript skimming, Pipka, disappears...

Quick Reads
FBI: China Cyberattacks on US Infrastructure Reach New Level

February 18, 2024
The Chinese government’s attempts to virtually attack U.S. infrastructure have reportedly reached new levels. That’s according to FBI Director Christopher Wray, who said Sunday (Feb. 18) that such efforts were happening on “a scale greater than we’d seen before,” calling them a defining threat to national security, per a Wall Street Journal report. According to […]

FTC Raises Red Flags Over QR Codes and Fraud

December 07, 2023
Consumers who scan a QR code for what they think is a legitimate purpose could actually be giving their personal information to scammers. The Federal Trade Commission (FTC) warned consumers of this...

Report: Casino Hacks Likely Caused by Malware-Driven Theft of Employee Credentials

September 15, 2023
The recent cyberattacks on Caesars Entertainment and on MGM Resorts reportedly may have been launched with stolen login credentials. A cybersecurity company based in London, DynaRisk, discovered that the login credentials of MGM and Caesars employees were...

Largest U.S.-Led Operation Takes Down Qakbot Botnet and Malware

August 29, 2023
An international operation has disrupted a major botnet and malware that had caused millions of dollars in damage. Law enforcement agencies from the United States, France, Germany, the Netherlands, the...