(PRWEB) August 30, 2013
In a report on bankinfosecurtiy.com dated July 6th 2013 http://www.bankinfosecurity.com/interviews/phishing-privatization-trojans-i-1951 said that the latest trend of phishing schemes involving malware capable of crossing the traditional online and mobile channels, attempting to defeat two-factor authentication, as seen with the Eurograbber Trojan.
Daniel Cowen who specializes in online fraud threats and cyber intelligence at security firm RSA, is quoted in the article saying “We’re no longer seeing commercial Trojans available out there, support and the maintenance is done in very closed groups, very controlled groups. Phishing schemes continue to evolve, particularly in the mobile channel.”
Mr. Cohen continued to say in the report that lots of banks will use second factor out of band/SMS authentication, and these fraudsters are trying to get around that by developing mobile malware counterparts.
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