ACH Fraud News, Articles and Updates
Attackers have been circulating a trojan via email messages with subjects such as "ACH payroll payment was not accepted by Central Trust and Savings Bank."
The long-awaited update to the Federal Financial Institutions Examination Council (FFIEC) guidelines around authentication has been released.
The FBI is probing 20 new cases of U.S. businesses losing millions of dollars to cybercriminals, who then siphoned off the cash to accounts in China.
A New York lawmaker has introduced a bill that would extend financial protection to municipalities and school districts that fall victim to unauthorized bank funds transfers.
Chris Mark of ProPay discusses how some small- and mid-size businesses are falling victim to ACH fraud due to poor authentication.
SC Magazine Articles
- Three zero-days found in iOS, Apple suggests users update their iPhone
- MedSec goes its own way with medical device flaw
- Voter databases in two states breached by foreign hackers, FBI
- Juniper confirms leaked "NSA exploits" affect its firewalls, no patch released yet
- Ransomware: The evolution of cybercrime, a roundtable
- Microsoft Office 365 hit with massive Cerber ransomware attack, report
- Wendy's POS breach 'considerably' bigger than first thought
- No hacking required: Israeli researchers show how to steal data through PC components
- Don't connect your charging cell to a computer or you may get hacked!
- China allows foreign tech firms to participate in creating cybersecurity standards
- Fantom and FairWare ransomware discovered
- Six senators urge Obama to prioritize cybercrime at G20 summit
- Creating a buzz: USBee software causes air-gapped computers to leak data via USB connections
- Privacy advocates upset over FAA drone regulations, citizen takes action