Spyware ring infiltrates banks
A spyware ring has infiltrated the IT systems of as many as 50 international banks and logged social security numbers, credit card and bank account numbers, passwords,eBay and PayPalaccount information and chat transcripts, according to the security firm Synbelt Software.
According to TechNewsWorld, the anti-spyware manufacturer`s president wrote in the company blog that it discovered the identity theft operation while doing research on a CoolWebSearch exploit.
The spyware downloads with CoolWebSearch, but is a separate program.
Mosaic, Level 4 to co-operate
Mosaic Software, an S1 company and global provider of payment processing software, and Level Four Software, a provider of ATM and point-of-sale test and development software have entered into a co-marketing agreement.
Finextra reports that Mosaic Software and Level Four are keen to leverage the strength and compatibility of their respective technologies. Both companies will work together to deliver and test applications at the ATM, enabling banks to bring new services and functionality to market more quickly and cost-effectively.
Retail Decisions wins bank deal
Fifth Third Bancorp`s electronic payment processing division bought a five-year licence on fraud detection software from international company Retail Decisions, the fraud prevention company announced Monday.
Fifth Third Bank Processing Solutions will install Retail Decisions` Prism technology to detect and prevent ATM, credit and debit card fraud associated with its own issued cards, reports Dayton Business Journal. It has the option to extend the agreement an additional five years.
The Prism software and technology has also been licensed to Seattle-based PEMCO Technology Services as well as to companies in SA, Puerto Rico, Japan and Canada.
Anti-phishing solution launched
US-based CallingID has launched an automatic solution aimed at protecting banks and their customers from attempts to steal personal details used to access online bank accounts.
Safety Seal for Online Banking helps banks meet the recommendations of the Federal Deposit Insurance Corporation (FDIC) since their customers are protected from phishing, pharming and Trojans, reports Help Net Security.
Safety Seal complements CallingID`s basic solution, CallingID for the Internet, which protects all users accessing any Web site by providing them with immediate information about the owner of the site, its address and risk assessment that indicates whether it is safe to submit personal data to the site.
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