A Russian national pleaded guilty today in a New York court of creating, running, and infecting users with the NeverQuest banking trojan --also known as Snifula and Vawtrack.The man's name is Stanislav Vitaliyevich Lisov, a Russian national who went online under the names of "Black" and "Blackf," and who, according to a Department of Justice press release, "was responsible for key aspects of the creation and administration" of the NeverQuest malware botnet.More specifically, DOJ officials say Lisov was the one responsible with renting and then managing the servers that supported the NeverQuest trojan's backbone, the servers to which infected computers would connect, get instructions, and send stolen information.US authorities say Lisov worked on NeverQuest between June 2012 and January 2015, defrauded banks of around $855,000 by emptying user accounts, and also attempted to sell the information he gathered from some of his victims.Lisov came to be in US custody after he was arrested in … [Read more...] about Russian national, author of NeverQuest banking trojan, pleads guilty
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The ability to make financial transactions and investments online has made life a lot easier for many of us in recent years. In fact, 7 out of 10 people in the UK now bank online according to a study carried out by the Office for National Statistics. In the US, figures show that around two-thirds of Americans now bank online. Even back in 2015, a survey by Bankrate Money Pulse also discovered that 48% of Americans purchased stocks or dabbled with stock-based investments including mutual funds and 401(k)s. Yet, this change to the way that we handle our money has brought with it something of a fear factor too. Not everyone feels comfortable transferring money over the internet or investing online. So, what tips should you bear in mind to make sure that you can do this safely? Browsers vs Mobile Apps Is it safer to visit a bank or trading platform on your browser or to use a mobile app? In general terms, apps are faster and store data locally rather than pass it all over the internet. … [Read more...] about Keep Your Finances Secure When Banking Or Trading Online
Eric Rosenberg, provided by Published 12:00 pm PST, Friday, December 21, 2018 The Insider Picks team writes about stuff we think you'll like. Business Insider has affiliate partnerships, so we get a share of the revenue from your purchase. GaudiLab/Shutterstock These days, it's easier than ever to handle all your banking needs without ever visiting a branch. With the ability to deposit checks by taking a photo with your phone, and to use virtually any ATM, being near a physical branch is no longer a requirement when choosing a bank. Here's what you need to know about online-only banking — and why it might be right for you. As one of the cool kids at school, I started a coin collection in fifth grade. I remember going on trips to the bank with my mom for rolls of coins to sort through, looking at dates and years to fill in the slots in my blue coin-collecting albums. That, alongside my parents owning a business, sent me on many trips to local banks. But … [Read more...] about Online-only banking is the future of managing money — here’s how to get started
Scammers are using Google Maps to trick people into giving up their bank details. The app lets users edit and update listings, so the fraudsters are changing banks’ phone numbers to their own. Victims then call them up and give up their details without ever realise something’s gone wrong. Scammers have found a new avenue for defrauding unsuspecting victims: Google Maps. The Google-run online map service lets users submit changes and corrections to listings – so would-be fraudsters are changing the contact details listed for banks on the app. Then, when unsuspecting bank customers ring up what they think is their financial institution, the scammers extract their private banking details and use it to empty their accounts. Police in Maharashtra, India, put out a warning about the scam after hearing of multiple cases in the last month, as earlier reported by The Hindu. But while their warning specifically applies to scammers in … [Read more...] about Scammers are changing the contact details for banks on Google Maps to defraud people
New The HSBC Bank in Attleborough is one of many across Norfolk and Waveney which have closed in recent years. Picture: DENISE BRADLEY Archant Norfolk and Waveney have lost around 50 bank and building society branches in the past four years, figures have revealed. Data from the consumer group Which? combined with analysis from the EDP shows the region is losing more and more banking facilities every year as more customers take advantage of online and telephone banking.The data shows 13 NatWest, two Santander, three Lloyds, seven HSBC and six Barclays branches have closed in Norfolk and Waveney since 2015, excluding recently announced closures in locations including Wells and North Walsham. Combined with the closure of all East Anglian branches of the Norwich and Peterborough Building Society this paints a worrying picture for many customers.Although there have been around 10 branch closures in Norwich since 1015, there have been many more in regional towns and centres where … [Read more...] about Bank branches in Norfolk and Waveney: How many have closed and where are they?