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Cybercriminals are stealing bank login details from Australian online bankers and selling the data on European black markets for as much as €550 ($913). The Bank of New York Mellon (BNY Mellon) has admitted that the number of its customers hit by a data breach was much larger than previously stated. Commonwealth Bank Australia is offering 25,000 Netbank customers free access to Computer Associates (CA) security software as it aims to improve security for its online services. A warning to Commonwealth Bank customers posted this week on the bank’s website is urging online customers to be aware of a savvy phishing scam requesting personal details. A computer holding bank customers' credit card data has been sold on eBay for US$75. Security experts have discovered free phishing kits on the internet which allow cyber-crooks to send fraudulent emails.. ANZ bank's customers are being targeted in a new hoax email campaign that attempts to steal online banking login information, the bank has warned. Banks and credit card firms not doing enough to protect consumers. More than 100 websites have been found selling account information for UK bank customers, including account details, Pins and security codes. Societe Generale might have been able to prevent a year-long binge of fraudulent transactions by one of its mid-level traders simply by instituting stricter password controls and applying available software that tracks transactions to individual workstations, according to analysts. Banker Trojans designed to steal passwords for online banking services are one of the primary threats online shoppers will face this holiday season, a security firm has warned.. The website of one of India's leading financial services companies is back online after US researchers discovered it was downloading a wide range of malware to customer PCs. The Bank of India website is operational today – approximately four days after security teams disabled it after hackers embedded malware on the home page. Banker Trojans a fast-growing threat. Hackers have broken into the State of Nevada's Carson City general fund bank account and stolen US$45,000, security experts have revealed. Three people have been charged with stealing millions of dollars from Citibank customers after they found a way to steal user’s PIN numbers.
A phishing scheme attempted this week to capture both victims' personal information and their phone calls, according to researchers at SecureWorks. A Russian bank chief, who coordinated an international identity theft operation, has been jailed for six years. A unique breach of bank information has hit one of the world's largest banks. Through a partnership with identity verification developer FCS Online, ING Direct will become the first Australian bank to offer customers the option of a purely online account application process.