Mobile apps are where e-commerce dollars are at right now, and fraudsters are taking notice. Industry reports indicate that fraudulent transactions from mobile apps have increased by a whopping 300% since 2015. In this article, we take a look at fraudulent/ fake apps, their distribution and the danger they pose to your customers, and how […]
Not unlike a biological virus adapting to a new host, malware is constantly evolving to adapt to the changing technology landscape. The new variants are more and more sophisticated, designed to exploit software vulnerabilities, penetrate online security and avoid detection. In this article, FraudWatch International looks at some of the biggest malware trends of the […]
Most people are aware of what phishing emails are and know not to click on links in emails. You know the ones – that claim to be from a bank and warn you that your account has been compromised and you need to “Click Here” to update your login details. We’ve all been told what […]
An Energy Company and Its Customers Targeted by Ransomware The Energy Sector is one that has become more popular with cyber criminals over recent years. Most customers sit and take notice when they get an email from their electricity or gas company, particularly if it involves special deals, or has an invoice attached. Cyber criminals […]
Early this month, researchers started publishing warnings about a new, free, macOS-based ‘Ransomware as a Service’ (RaaS) which has recently emerged. The Mac specific ransomware has been dubbed ‘MacRansom’. The tool uses a web portal hosted in a TOR network, which is becoming a more popular method of attack. Note: A TOR Network is an […]
In late May 2017, security researchers discovered Android malware in around 50 apps which were available on the Google Play Store. Known as “Judy”, named after the malicious apps’ character, the malware is installed in parallel when the infected app is installed to the Android device. Researchers explained that the Judy malware is “an auto-clicking […]
What is it? A global epidemic, WannaCry Ransomware is a type of Malware that has recently attacked victims across all industry sectors such as: Hospitals across the UK; Police Departments in India; car factories in France (like Renault and Nissan) and Universities in China. Ransomware, a growing trend, is when hackers encrypt your files on […]
Last week, we talked about a new banking Trojan, called TrickBot, that is plaguing banks all around the world, including the US, UK and Australia. In this article, we will take in inside look at how the Trojan works. TrickBot has made its way into the banking sector over recent months by using a malvertising […]
In September 2016, researchers at Fidelis Cybersecurity discovered a new malware bot dubbed TrickBot or “TrickLoader” by its authors. They found that it had a lot in common with the infamous Dyre banking Trojan. Not only was the loader similar, but the code itself was very familiar, suggesting that some of the original Dyre authors […]
A Point-Of-Sale (POS) terminal is a computerised version of a cash register. It has the ability to record and track customer orders, process credit and debit cards, connect to other systems in a network, and manage inventory. Most POS terminals contain a personal computer, which stores specific programs and I/O devices relevant to the company […]