FOSTER CITY, Calif. - (03/23/06) Online security experts havediscovered two large botnets, or Internet robots,they say are hacking into online shopping accounts and stealingcredit card numbers, account information and log-in passwords. Thebotnets were discovered by researchers at FaceTime Security Labshere based on an anonymous tip by one reformed hacker, and referredto authorities. Officials at FaceTime Security said the botnetswere planted by seeding Trojan horses via instant messagingnetworks. When recipients of the IM click on the embedded link thebotnets are secretly installed on the recipients computer.One botnet, called Carder, is used to download dataoff of e-commerce shopping cart applications and can downloadcredit card information, including user names, passwords andPINs.
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While banks will likely increase near-term dividend plans, analysts and investors are more focused on the long-term outlook for capital requirements from regulators.
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The Missouri bank surveyed consumers about what kind of financial management tools they use, then built its My Finance360 tool in response.
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GodFather malware mimics and manipulates real financial apps on Android devices, exposing sensitive data without user suspicion.
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As banks consider their strategies, other big names are also considering a role for digital assets.
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The Financial Technology Association — which had been granted the right to defend the Consumer Financial Protection Bureau's open banking rule after the bureau declined to defend it — filed a motion Sunday to preserve the rule.
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Kevin Fromer, who has headed the Financial Services Forum since 2017, announced his departure Monday. Fromer transformed the Financial Services Forum to advance the interests of the largest U.S. banks.
June 30