You may have heard that today’s phone fraudsters like to use use caller ID spoofing services to make their scam calls seem more believable. But you probably didn’t know that your bank may be making it super easy for thieves to impersonate the bank, by giving away information about recent transactions on your account via automated, phone-based customer support systems.
An explosion in malware targeting Android users is being fueled in part by a budding market for mobile malcode creation kits, as well as a bustling market for hijacked or fraudulent developer accounts at Google Play that can be used to disguise malware as legitimate apps for sale.
A $170,000 cyberheist last month against an Illinois nursing home provider starkly illustrates how large financial institutions are being leveraged to target security weaknesses at small to regional banks and credit unions.
Security experts are warning consumers to be especially alert for more targeted email scams in the coming weeks and months, following news that a breach at a major email marketing firm exposed names and email addresses for customers of some of the nation’s largest banks and corporate brand names.
Pictured below is what’s known as a skimmer, or a device made to be affixed to the mouth of an ATM and secretly swipe credit and debit card information when bank customers slip their cards into the machines to pull out money. Skimmers have been around for years, of course, but thieves are constantly improving them, and the device pictured below is a perfect example of that evolution.