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Financial cyber crime is an act in which financial gains or profits are made through criminal activities such as identity fraud, ransomware attacks, e-mail, and Internet fraud. Attempts to steal financial accounts, credit cards, and other payment card information also comes under cyber crime. Financial cyber crime affects companies of all sizes and sectors, as […]
TangleBot Android malware is delivered through smishing and is currently targeting users in Canada and the US disguised as information about COVID-19 vaccination. It is a fact that SMS messages have become a preferred attack vector to spread malicious software and infect mobile devices. Recently, Hackread reported the notorious FluBot SMS Android malware that targeted […]
The IT security researchers at Proofpoint have discovered a new malware campaign in which threat actors from a group called TA544 are targeting organizations in Italy with Ursnif banking trojan. Ursnif (also known as Gozi) has a history of targeting Italian organizations over the past year. The malware is capable of stealing banking information from […]
S.O.V.A. Android banking trojan is actively being advertised on Russian hacker and cybercrime forums. In early August 2021, ThreatFabric’s team of researchers discovered a new Android banking trojan named S.O.V.A. by its creators. Researchers wrote in their report that the trojan is named so because of the login panel of its C&C server. S.O.V.A. is […]
TeaBot malware is in the early stages of development yet, so far, it has targeted 60 banks all over Europe. The Threat Intelligence and Incident Response (TIR) team at Italy, Milan-based online fraud prevention firm Cleafy’s has discovered a new Android malware that is targeting unsuspected users across Europe since January 2021. Dubbed TeaBot by […]
Dubbed Ginp; the trojan keeps coming back with new capabilities. Researchers at ThreatFabric, the cybersecurity firm based in Amsterdam, have been following an “interesting new strain of banking malware” dubbed Ginp distributed as Adobe Flash Player. Identified firstly by Kaspersky’s Android malware analyst Tatyana Shishkova in late October; Ginp is currently targeting users in the […]
People often make a great effort to protect their credit/debit card details against fraudulent transactions. This has been further helped by banks implementing increased security with the help of two-factor authentication( 2FA). However, there’s this one instance where even 2FA doesn’t save you. Imagine someone replaces a legitimate payment page with a fraudulent one. Once […]
The HackBack hacker is back. The Cayman National Bank has suffered a massive data breach, reportedly, carried out by hacktivist Phineas Fisher also known as HackBack. The hacker published over 2TB of data belonging to the bank’s 1400 customers including roughly 640,000 emails. Almost half of the customers are registered at the Cayman National Bank […]
Cybersecurity researchers at the Singapore-based firm Group-IB have identified data dump containing information about a whopping 1.3 million+ credit and debit cards. The data almost entirely (98%) belongs to Indian banking customers while the rest of the data belongs to banks in Columbia. The data is up for sale on a website on the Dark […]
Banking is readily recognized as one of the main sectors undergoing significant transformation with the advent of AI (Artificial Intelligence). With deep pockets, the industry has the resources to put serious money into machine learning in every area from stock trading to customer service to mobile banking. Dispelling fear But there’s a real issue when […]
The malware campaign was discovered by Dr. Web detailing how hackers have been using Bolik banking trojan against unsuspected users. If there’s one reason for the distrust that consumers had in online marketplaces in the old days, it was because of “getting not what you see.” Although Amazon has chimed in to fill in that […]
The hacker behind the breach has been arrested after they bragged about hacking Capital One. Capital One Financial Corporation, a United States-based bank holding company has suffered a massive data breach in which personal and financial data of over 106 million customers has been accessed and stolen. Out of 106 million, 100 million customers are […]
Don’t trust Google Maps for banks’ contact details – At least not for now. Scammers are now increasingly interested in defrauding users through Google Maps that lets users change or correct the listings displayed on the service. Seeing this as an effectively exploitable opportunity, scammers are modifying the contact information of banks on the app’s listings. […]
The Hongkong and Shanghai Banking Corporation (HSBC) has suffered a data breach in which unknown hackers have accessed personal and financial data of its customers. The data breach, according to the notification from HSBC, took between October 4, 2018, and October 14, 2018. Upon detecting the breach, authorities suspended online access to prevent further unauthorized entry […]
Pakistani banks have debuted on the Dark Web with almost all of the country’s banks becoming victims of a devastating data hack. It is undoubtedly the biggest ever hacking campaign launched against banks in Pakistan. It is estimated that hackers have stolen financial data of more than 8,000 account holders from at least 10 different […]
Android is one of the most vulnerable mobile operating systems with hackers developing new Android malware and banking trojan every 17 seconds. Then, there is Google and questionable security measures to protect users from sophisticated and persistent malware attacks. Recently, Lukas Stefanko, an IT security researcher at ESET has discovered a nasty piece of banking trojan targeting […]
At the moment, it is unclear how many Newegg customers have been impacted. The IT security researchers at RiskIQ and Volexity have announced that Newegg Inc., an online retailer of items including computer hardware and consumer electronics has become a victim of a cyber attack in which hackers have stolen credit card details of its customers. According to […]
A new banking malware has been discovered that is targeting bank customers in Brazil. Dubbed as CamuBot, it is identified to be a unique malware because it is disguised as a necessary security module of the bank. The malware can also bypass the biometric authentication feature, which is a disturbing sign. According to IBM X-Force […]
Now, this could easily be termed as one of the largest ever data hacks in the history of China. Reportedly, the data of roughly 130 million clients of the renowned Huazhu Hotels Group, China is up for sale at the Dark Web at the meager amount of 8 bitcoins (US$56,000). The price is extremely low […]
The official website of Banco de España (Bank of Spain), which is the central bank of the country, was hit by a Distributed Denial of Service (DDoS) attack on Sunday. The attack potentially disrupted the website’s operations and it became inaccessible at the beginning of the week. The attack, reportedly, has been claimed by the […]
Three members of a ‘prolific’ and ‘notorious’ hacking group, known for carrying out massive hacking sprees against high-profile organizations have been arrested by the Federal Bureau of Investigation (FBI). According to the US Department of Justice (DOJ), the arrested individuals were leading the global cybercrime syndicate known as Fin7. The group has stolen over 15m […]