The Redaman Banking Malware is still on the rampage spreading through a spam campaign which downloads a malicious PDF attachment used to steal financial information according to security researchers at Palo Alto Networks.

Ryan Wilk, VP of Customer Success at NuData Security:

“Banks are under continuous attacks as cybercriminals leverage one technique and dynamically change it to keep up the barrage of attacks until something gets through and they are able to steal critical consumer and banking information. This onslaught of online fraud is one of the biggest challenges for the financial community, but can be significantly mitigated with new technologies such as passive biometrics and behavioral analytics. New multi-layered technologies can help them prevent fraud even if cybercriminals get real credentials and identities. These technologies also ensure a frictionless experience for customers while seamlessly eliminating fraudulent transactions.”

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