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bank

JP Morgan Is Launching Its Own Cryptocurrency ‘JPM Coins’

J.P. Morgan Chase is set to become the first major U.S. bank to launch its own cryptocurrency. The bank has created its digital currency dubbed ‘JPM Coin’ that will be used to carry out a few transactions initially. The engineers at the New York-based bank have leveraged blockchain technology to create digital tokens that will […]

Bangladesh Bank files suit to recover money lost after cyberattack

Bangladesh Bank suffered a security incident that resulted in a millionaire robbery; they point to the possible participation of North Korean hackers According to ethical hacking and network security experts from the International Institute of Cyber Security, Bangladesh Bank has filed a lawsuit with the federal Court of new York to try to recover the […]

Millions of loans and mortgages banking files exposed online

A database with sensitive information on loans and mortgages has been recently leaked Network security and ethical hacking specialists from the International Institute of Cyber Security report the finding of a server with more than 20 million of bank documents, including records of thousands of loans and mortgages from some of the most important financial […]

A bank was hacked using LinkedIn and Skype

Attackers took advantage of a bank employee to penetrate their computer infrastructure Redbanc, a company responsible for administering the interbank ATM network in Chile, suffered a serious cybersecurity incident, reported network security and ethical hacking experts from the International Institute of Cyber Security. After some local media began to follow up on the incident, Redbanc […]

Indian Bank Loses Rs 25Cr Due To A Bug In UPI Payments App – Is BHIM Safe?

Short Bytes: It has been reported that the India-based Bank of Maharashtra has incurred financial losses amounting INR 25Cr (roughly $4 million). It happened due to a technical flaw in the bank’s UPI Payments app designed by the Mumbai-based company. The bank has lodged FIR against 50 suspects, and they are trying to recover the funds from other banks. […]

Hacker Breaches UAE Bank Server, Demands $3m in Ransom

A Sharjah-based Investbank has been asked for ransom by a hacker who breached into bank’s database and has threatened the bank if the ransom is not paid all the information on the database would be leaked online. The name of the hacker who breached into the bank’s database is “Huba”. After stealing the data, the […]

Armenian Group Hacks Azerbaijan Central Bank, Leaks A Trove of Data

The cyber war between Armenians and Azerbaijani hackers is never ending — Like in this recent cyber attack in which the Armenian hackers leaked trove of data containing banking details of Azerbaijani citizens. In July 2, 2015, Armenian hackers from Monte Melkonian Cyber Army hacked into the official website of Azerbaijani customs, stealing highly confidential personal information of 5650 […]

Hackers Target Bank Customers with ‘Morning Update’ Malware Email

Australia’s Bendigo Bank is apparently sending out emails titled “Morning Update” to users. The email contains the staff member’s name as well as the direct contact phone number. It also contains a business disclaimer having the email ID and phone number of Bendigo Bank. This mail also contains an attachment, a .Zip file titled Bendigo_Report_#[random […]

American Express Card Data Stolen by Cyber Criminals

It was discovered during an investigative process carried out by the law enforcement agency that data of American Express Card holders has been acquired by unauthorized individuals most probably cyber criminals. However, the circumstances that led to this discovery are yet undisclosed. Moreover, it is also unclear whether the American Express helped in the investigation […]

Dyre Wolf malware bypasses 2FA Security, Manages to Steal $1million

Dyre Wolf malware, a dynamic campaign has been discovered by researchers, which already has raked in more than $1 million. This latest campaign utilizes a combo of social engineering and malware. The campaign has been dubbed as the Dyre Wolf campaign by IBM Security Researchers. According to them, this campaign targets businesses and firms that […]