Home IT Info News Today Cyber-Criminals Intercept Banking Credentials for Fast Wire Transfer Fraud

Cyber-Criminals Intercept Banking Credentials for Fast Wire Transfer Fraud

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Cyber-criminals are using malware and man-in-the-middle tactics to initiate fraudulent wire transfers from bank accounts, even with two-factor authentication in place. – Cyber-criminals are increasingly attacking banks and other financial
institutions to transfer funds fraudulently into accounts under their
control.

There are a number of ways for attackers to gain control, and malware
is just one of them, according to Jorge Solis, a senior vice president

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