A new type of skimming attack

Already facing an increasing wave of ATM skimming attacks, credit unions are now being warned they must brace for “digital skimming” on home banking sites.

Jim Stickley, CEO of Stickley on Security, told CUToday.info the rapidly growing digital card skimming attacks, where crooks modify code on ecommerce sites to steal payment card data as it is entered, will become a threat to credit unions as crooks seek to capture other forms of data using the same strategy

“It will be spreading to financial institutions quickly,” said Stickley. “If you can compromise a third-party site where people are inputting credit card information, why not put that same malware on online banking servers? You enter your login and password and multifactor data, and all that is captured and sent off somewhere.”

 

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