Account Takeover


Bancsec has been involved with investigation and mitigation of corporate account takeover since 2008. We are intimately familiar with the behavior, scope, and impact of “banking trojans” such as Zeus, Spyeye, Carberp, and Citadel - including mobile variants.

These sophisticated pieces of malware are typically controlled by Eastern European cybercriminal gangs, and have been used to commit bank fraud; even defeating multifactor authentication in many different ways. 
 
Having followed the one-upmanship between the hackers and the security industry, we have seen a myriad of mitigation strategies. Bancsec will assess your bank’s online banking systems and fraud prevention controls, and will address any gaps by recommending prudent mitigation strategies that will protect your customers’ accounts from financial loss.