Are your devices infected? “Operation Emmental” is a new criminal operation which targets banks that use session tokens such as Short Message Service (“SMS”) for authentication purposes – to steal customers’ online banking credentials to gain full access and control of their bank accounts.
Like Swiss Emmental cheese, the ways in which your online banking accounts are protected might be full of holes, or rather loopholes.
Cloud security experts Trend Micro warns of “undetectable” malware infection that targets mobile banking users.
Currently prevalent in Austria, Sweden and Switzerland, this cybercrime has reached Japan, leaving the Asia Pacific region at greater risk of a similar attack.
Mobile devices are also increasingly being included in cross-platform threats.
With mobile devices no longer being just phones and serve as computer substitutes in their own right, users are often connecting their mobile devices to their home/work systems to sync their files and documents.
This link between the devices is what threats use to jump across.