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The NIC Asia Bank is the last victim of the SWIFT hackers

The NIC Asia Bank requested the support of the Central Investigation Bureau of Nepal Police to track down the crooks who hacked the SWIFT server. Once again hackers targeted SWIFT systems to steal money from a financial institution. The victim is the NIC Asia Bank that once discovered illegal fund transfer with its SWIFT server requested support from the Cen
Publish At:2017-11-05 16:20 | Read:233 | Comments:0 | Tags:Breaking News Cyber Crime Hacking banking cyber heist Cyberc

Silence Group is borrowing Carbanak TTPs in ongoing bank attacks

A cybercrime gang called Silence targeted at least 10 banks in Russia, Armenia, and Malaysia borrowing hacking techniques from the Carbanak group. A cybercrime gang called Silence targeted at least 10 banks in Russia, Armenia, and Malaysia borrowing hacking techniques from the dreaded Carbanak hacker group that stole as much as $1 billion from banks worldwid
Publish At:2017-11-01 19:50 | Read:119 | Comments:0 | Tags:Breaking News Cyber Crime Malware banking Cybercrime Hacking

Open Banking Is Here — Is Your Bank Positioned to Lead?

Banking is set to significantly change as Payment System Directive 2 (PSD2) regulations are introduced across Europe. In fact, open banking regulations are being considered in a number of regions around the world. The directives will require financial institutions to adopt open banking by safely and securely allowing customers to view account information and
Publish At:2017-11-01 18:45 | Read:134 | Comments:0 | Tags:Banking & Financial Services Fraud Protection Risk Managemen

Ursnif Campaign Waves Breaking on Japanese Shores

According to IBM X-Force data on the activity of financial malware operated by organized cybercrime groups, the Ursnif (aka Gozi) banking Trojan was the most active malware code in the financial sector in 2016 and has maintained its dominance through 2017 to date. Ursnif’s activity is marked by both frequent code modifications and campaign activity in
Publish At:2017-10-26 19:35 | Read:274 | Comments:0 | Tags:Banking & Financial Services Malware Threat Intelligence Ban

Credentials (UN)Management in home banking.

Introduction Out of the five main information security pillars, namely confidentiality, integrity, availability, authenticity and irrefutability, common users give more attention to the first one. But in real life even though in general people agree with the importance of backup, not many actually implement this security mechanism. What one says and what one
Publish At:2017-10-25 07:50 | Read:293 | Comments:0 | Tags:Breaking News Hacking authentication banking

FICO reports a 39 Percent Rise in Debit Cards Compromised in US

The analytic software firm FICO Reports a 39 Percent Rise in Debit Cards Compromised at ATMs and Merchants in the United States. According to a report published by the analytic software firm FICO, US Debit Cards compromised raise up to 39% in the first six months of 2017 compared to the same timeframe one year prior. In the same period, FICO reported an in
Publish At:2017-09-03 18:25 | Read:287 | Comments:0 | Tags:Breaking News Cyber Crime Reports ATM banking card compromis

Cyberheists and the Most Common Tactics for Carrying Them Out

As we explained in our “Survival Guide for Million-Dollar Cyberattacks”, cyberheists are evolving at breakneck speed. For financial institutions, this is obviously a major concern. These institutions are coming up against ever more sophisticated malware and very well coordinated, and, in short, completely professionalized targeted attacks. In fact, according
Publish At:2017-07-28 14:20 | Read:908 | Comments:0 | Tags:Security b2b banking cyberheists

Experts found critical flaws in Diebold Opteva ATM that allow to vend notes from the machine

Experts at the US firm IOActive have discovered a critical physical and authentication bypass vulnerability in the Diebold Opteva ATM. The researchers have found two vulnerabilities in the Diebold Opteva ATM machines with the AFD platform that could be chained to allow an unauthorized user to vend notes from the device. “IOActive has discovered two vul
Publish At:2017-07-28 04:36 | Read:568 | Comments:0 | Tags:Breaking News Hacking ATM banking Diebold Opteva ATM

UniCredit bank breach – Data of 400,000 loan applicants exposed due to the hack of a partner

UniCredit bank breach – Data of 400,000 loan applicants exposed due to the hack of a partner. Italian media outlets downplay the risk, is it correct? The Italian bank UniCredit admitted a series of security breaches occurred in the last year, personal data of 400,000 loan applicants have been exposed. The Italian bank confirmed that hackers compromised
Publish At:2017-07-27 01:45 | Read:367 | Comments:0 | Tags:Breaking News Cyber Crime Data Breach bank breach banking Cy

TrickBot Habla Español: Trojan Widens Its Attack Scope in Spain, Brings Redirection Attacks to Local Banks

The TrickBot Trojan has been steadily ramping up its activity this year, going into a rather intensive period of updates and attacks that started in Q2 2017. From the looks of it, TrickBot’s operators have been investing heavily into widening the scope of their attacks and are preparing redirection attacks against banks in 19 different countries. After
Publish At:2017-07-19 08:05 | Read:402 | Comments:0 | Tags:Banking & Financial Services Fraud Protection Malware Threat

Emerging Matrix Banker Trojan is targeting banks in Latin America

Security Experts at Arbor Networks have spotted a new banking trojan, initially called ‘Matrix Banker’, that is targeting Latin America. Malware researchers at Arbor Networks have spotted a new banking trojan, initially called ‘Matrix Banker’, that is targeting Latin America. The malicious code seems to be still under development, mo
Publish At:2017-06-14 02:05 | Read:583 | Comments:0 | Tags:Breaking News Cyber Crime Malware banking Cybercrime malware

QakBot Banking malware causes massive Active Directory lockouts

Security experts at IBM noticed that hundreds to thousands of Active Directory users were locked out of their company’s domain by the QakBot Banking malware Malware researchers at IBM noticed that hundreds to thousands of Active Directory users were locked out of their organization’s domain, the incident is caused by the Qbot banking malware. The malware was
Publish At:2017-06-04 20:45 | Read:646 | Comments:0 | Tags:Breaking News Cyber Crime Malware banking Hacking QakBot Ban

Police dismantled the Cron gang that targeted Bank Accounts via Android Malware

Russian authorities with the support of the security firm Group-IB dismantled the operations of the Cron gang that infected more than 1 million smartphones. Russian authorities dismantled a major criminal ring that was targeting bank accounts by using an Android malware, dubbed ‘Cron,’ that compromised more than one million Android smartphones. A
Publish At:2017-05-24 01:50 | Read:953 | Comments:0 | Tags:Breaking News Cyber Crime banking Cron Gang Cybercrime Hacki

GootKit Malvertising Brings Redirection Attacks to Italian Banks

Earlier in May, I reported that GootKit had launched redirection attacks for the first time. The malware prepared for its new modus operandi in the U.K., targeting major banks there with this advanced browsing manipulation attack. I also predicted that this was just a test and that we’re about to see more. That prediction has come true. GootKit officia
Publish At:2017-05-24 00:45 | Read:856 | Comments:0 | Tags:Banking & Financial Services Fraud Protection Malware Threat

Crooks took control over operations of a Brazilian bank for 5 hours

Cyber criminals launched a sophisticated cyber heist that compromised the entire DNS infrastructure of a major Brazilian Bank. A cyber criminal organization took over online service of a major Brazilian bank for five hours. The hackers compromised the bank DNS system and intercepted all the connections to the financial institution. According to Kaspersky L
Publish At:2017-04-05 19:25 | Read:875 | Comments:0 | Tags:Breaking News Cyber Crime banking Brazilian Bank cyber heist

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