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Proofpoint researchers have discovered a new remote access Trojan (RAT) as well as an updated version of an already identified banking Trojan and claim that both the RATs are involved in recently detected phishing campaigns targeting the retail, healthcare and IT industries. Emails containing MS Word attachments are being sent, which contain hidden malicious macros […]
WannaCry ransomware hero is facing charges in the United States for developing Kronos banking trojan. In August 2017, Marcus Hutchins (@MalwareTechBlog on Twitter) aka WannaCry ransomware hero was arrested in the United States by the FBI and charged with playing a vital role in the development of Kronos banking Trojan. He is still in the States facing Federal […]
Cybercriminals part of a notorious hacking group attacked the PIR Bank of Russia and stole $1m. The hacking was carried out after infiltrating the bank’s systems by compromising an old, outdated router. The router was installed at one of the regional branches of the bank. The money was stolen via the Automated Workstation Client (AWC) […]
In a joint operation, the FBI (Federal Bureau of Investigation), the U.S. Postal Inspection Service, the Department of the Treasury and the Department of Homeland Security has disrupted an International gang of cybercriminals involved in business e-mail compromise (BEC) schemes aiming at hijacking wire transfers from unsuspected users and businesses. The operation called “Operation WireWire” involved six-month investigations […]
You are not alone; Visa payment network is down across Europe – The company says it is aware and working to fix the issue. If you are unable to process your Visa credit or debit card then you are not alone; Visa card payment network is currently suffering service outage throughout Europe. The significance of Visa service […]
Hackers have stolen financial data of thousands of customers – Reportedly 50,000 from BMO and 40,000 customers from CIBC have been affected. Hackers have targeted two mainstream Canadian banks, as a result, financial information of roughly 90,000 customers has been stolen. One of the two banks happens to be the Bank of Montreal (BMO), Canada’s fourth-largest lender […]
Author: David Hamilton The banking system is inefficient in its current state as it requires the use of multiple third-party verifications and transferring services in order to complete a transaction. Blockchain can alleviate the need for these organizations and provide the world with a viable solution to the inherent problems facing the banking community. Blockchain is transforming the way […]
The 23-year-old cybersecurity expert, Marcus Hutchins (@Malwaretech on Twitter), who made headlines for identifying the kill switch for the nasty WannaCry ransomware attack preventing it from further spread has been charged in the United States for creating Kronos banking malware. In total, Hutchins has been charged with six counts of developing and distributing Kronos malware that stole […]
The IT security researchers at Proofpoint have discovered a new malware developed to steal saved login and credit card credentials from Chrome and Firefox browsers. Apart from credential stealing capability, the malware also steals sensitive documents from the targeted device. Dubbed Vega Stealer by researchers; the malware is a variant of August Stealer which was discovered […]
A couple of years ago, a massive bank heist was busted by Deutsche Bank in which hackers stole $1 billion from another bank. But now, German banking financial giant Deutsche Bank has made a blunder by “mistakenly transferring a whopping €28 billion ($34 billion) to one of its clients. [squaread][/squaread] The money went to a bank account at the […]
Another day, another malware scam – This one uses Chrome and Firefox browsers as bait to infect Windows users. The IT security researchers at Malwarebytes have discovered a malware campaign that aims at infecting devices by tricking users into downloading malicious files disguised as Chrome and Firefox browser updates. Malware campaign targets sites on popular CMS […]
This new ATMJackpot malware originates from Hong Kong. A new ATM malware has been identified by security researchers at Netskope Threat Research Labs. It has been dubbed as ATMJackpot (named after the technique called ATM jackpotting). Initial investigation revealed that the malware originated from Hong Kong while the time stamp binary is identified to be […]
Another day, another phishing scam – This time apparently the culprits knew about the club’s ongoing deal. An Italian football club Lazio has been scammed as the club sent out an outstanding transfer bill of €2 million ($2,460,840) to a fraudster’s bank account. The club was tricked by email fraudsters, who claimed to be representing […]
There are 42 cheap Android models currently infected with Triada banking trojan stealing data and intercepting chats from targeted devices. The IT security researchers at Russia-based anti-virus firm Dr.Web have identified 42 low-cost Android devices infected with a dangerous banking trojan that was discovered by the firm in July 2017. The malware aims at stealing personal […]
Jackpotting is an attack/technique to exploit ATMs to make them dispense cash without withdrawing it from a bank account – Now, U.S. ATMs are under Jackpotting attack. The trend of hacking ATMs (automatic teller machines) is not new but with the passage of time, it is becoming a lot more persistent and sophisticated. In some parts of the […]
Another day, another phishing scam – This time Harris County, Texas wired almost $900,000 after falling for a phishing email. In normal circumstances, cybercriminals take advantage of the lack of knowledge of their victims but in this phishing attack, they have touched new lows by making a profit out of the devastation caused by hurricane Harvey. Transfer $888,000 “she” said It all started […]
Another day another Android malware. This time, according to a joint research conducted by security firms SfyLabs and Avast Threat Labs, there is a new Android malware strain that can pose as not a hundred or two but nearly 2,200 banks to steal passwords and carry out fraud. The malware, dubbed as Catelites Bot, can […]
Cybersecurity specialists often emphasize the dangers of insider threats and this banker has proven them correct. On Tuesday, December 12th, 2017, a 29-year-old Barclays banker Jinal Pethad was jailed for six years and four months for assisting two Moldovan cybercriminals to launder more than £2.5 million ($3 million) from Barclays Ealing, London branch where he worked. The cybercriminals identified as […]
The IT security researchers at Moscow based cybercrime prevention firm Group-IB has identified the presence of a dangerous and sophisticated group of cybercriminals that has so far stolen more than $10 million from banking and financial sectors. Dubbed MoneyTaker by researchers, the group has in last 18 months conducted 20 successful attacks in Russia, United […]
Another set of banking Trojans has found its way past Google Play’s security mechanisms, this time targeting a number of Polish banks. The malware managed to sneak into Google Play disguised as seemingly legitimate apps “Crypto Monitor”, a cryptocurrency price tracking app, and “StorySaver”, a third-party tool for downloading stories from Instagram. Besides delivering the […]
In a joint research, IT security researchers at Avast, ESET, and SfyLabs have discovered yet another malware on Google Play Store hiding behind utility applications. With a history of infecting apps on Play Store, the malware identified by researchers is BankBot, a banking trojan that keeps coming back and Google just cannot get rid of it […]