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.
-
Lake Shore Bancorp in Western New York has reached a "standstill agreement" with the Stilwell Group, which has promised not to force a merger or sale in the next three years.
March 20 -
Swiss banking giant UBS Group received federal approval from the Office of the Comptroller of the Currency to convert its $1.6 trillion-asset UBS Bank USA from a Utah-chartered industrial bank to a national charter.
March 20 -
Early industry reaction to the Federal Reserve's Basel III proposals points to potential capital relief for banks, though stakeholders say the complexity of the changes makes their overall impact unclear.
March 20 -
Financial institutions that delay or fail to take this leap risk losing customers and revenue, said speakers at the inaugural On-Chain Executive Summit.
March 20 -
CISA and Microsoft urge organizations to secure endpoint management systems as threat actors increasingly seek to disrupt operations with wiper malware.
March 20 -
Piermont Bank hired Dennis Day for a new executive role focused on payments; the American Bankers Association announced the global expansion of its widely used Fraud Contact Directory; MC Bankshares moved one step closer to finalizing its sale to an investor group; and more in this week's banking news roundup.
March 20











