Criminals news from FierceFinanceIT

Zeus is well-known among bank security experts as perhaps the most pernicious of all Trojans, which seek to infect individual computers for nefarious purposes. The makers of Zeus, whoever they are,... Read more...

The Bank of New Zealand is promoting a newly patented technology that it bills as the world's first liquid encryption technology (LEN), which sounds catchy enough. The new product basically scrambles... Read more...

The Financial Times has weighed in with a wide-angle view of the current state of the hackers vs. banks war. It concludes that the thieves may be winning. One experts estimates criminals took about... Read more...

Cyber thieves have been targeting banks in more and more creative ways, usually involving retail customers, but the really big thefts are victimizing small government accounts. A customer of M&T... Read more...

There's a good deal of anecdotal evidence that ATM fraud is on the rise globally. In the United States, we've seen a spate of incidents in Baltimore, New York , Conn.,just to name a few. In Europe,... Read more...

Are hack pump-and-dump brokerage fraudsters going global to evade the law? It's tempting to think so, after a hacker from India was sentenced to two years for such a scheme. The Indian national who... Read more...