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What happens when your identity is stolen?

You’ve probably heard many times before that malware can be used to commit identity theft. You may also already know that identity theft is about criminals collecting enough personal information to fool people and computer systems into thinking they are someone else? But why would you want to pretend to be another person? Because there’s a lot of money to be
Publish At:2020-10-16 09:40 | Read:293 | Comments:0 | Tags:Mobile News privacy Security advanced cybersecurity banking

North Korea-linked APT group BeagleBoyz targets banks

North Korea-linked APT group BeagleBoyz intensified its operations since February, US CISA, Department of the Treasury, FBI, and USCYBERCOM warn. According to a joint advisory issued by the Cybersecurity and Infrastructure Security Agency (CISA), the Department of the Treasury, the Federal Bureau of Investigation (FBI), and U.S. Cyber Command (USCYBERCOM)
Publish At:2020-08-29 15:46 | Read:537 | Comments:0 | Tags:APT Breaking News Cyber warfare Hacking Malware banking Beag

ATM vendors Diebold and NCR fixed deposit forgery bugs

The ATM manufacturer giants, Diebold Nixdorf and NCR, have released software updates to fix a flaw that could have been exploited for ‘deposit forgery’ attacks The ATM manufacturers Diebold Nixdorf and NCR have addressed a bug that could have been exploited for ‘deposit forgery’ attacks The flaws that could have allowed crooks t
Publish At:2020-08-22 13:10 | Read:477 | Comments:0 | Tags:Breaking News Cyber Crime Hacking banking deposit forgery Di

DDoS Attacks Increase in Size, Frequency and Duration

Distributed denial of service (DDoS) attacks are increasing in size, frequency and duration. Kaspersky Lab reported a doubling of DDoS attacks in the first quarter of 2020 compared with the fourth quarter of 2019, plus an 80% jump compared with the same quarter last year. Kaspersky also found that DDoS cyberattacks are increasing in duration. Average attack
Publish At:2020-07-30 19:37 | Read:587 | Comments:0 | Tags:Advanced Threats Application Security Cloud Security Data Pr

Diebold Nixdorf warns of a wave of ATM black box attacks across Europe

ATM maker Diebold Nixdorf is warning banks a new ATM black box attack technique that was recently employed in cyber thefts in Europe. Black box attacks are a type of jackpotting attack aimed at forcing an ATM to dispense the cash by sending a command through a “black box” device. In this attack, a black box device, such as a mobile device o
Publish At:2020-07-19 09:43 | Read:569 | Comments:0 | Tags:Breaking News Cyber Crime Hacking ATM ATM black box attack A

Mitigating Container Risk Requires a Comprehensive Approach

Containers have become a staple among large banks and financial services firms, which have used the technology in production. It has captured the attention of the broader market, that hopes to achieve the same technology benefits of improved application delivery and run-time efficiencies. This modular plug-and-play architecture is more scalable and can deliv
Publish At:2020-07-17 14:07 | Read:566 | Comments:0 | Tags:Banking & Financial Services Cloud Security Data Protection

Website misconfigurations and other errors to avoid

Website owners, listen up: There are lots of things you shouldn’t do with your site, and many more you should avoid with the domains you’re responsible for. Insider malice, bad luck, and the stars aligning in impossible ways can all give your online portfolio a bad hair day. However, if you want to tempt fate, you can bring on the mayhem with website misconf
Publish At:2020-07-15 11:33 | Read:420 | Comments:0 | Tags:How-tos bank banking blog CMS dns hijack redirect website

Malicious app in Google Play used to deliver Cerberus Banking Trojan

Experts found a tainted app in the Google Play store that was downloaded by more than 10,000 users and that was delivering the Cerberus banking Trojan. Researchers from AVAST have discovered a currency converter application in the Google Play store that was downloaded by more than 10,000 users and that was designed to deliver the Cerberus banking Trojan.
Publish At:2020-07-08 07:20 | Read:507 | Comments:0 | Tags:Breaking News Cyber Crime Malware Android banking Cerberus b

A new variant of the IcedID banking Trojan spreads using COVID-19 lures

Experts spotted a new version of the IcedID banking trojan that uses steganography to infect victims as part of COVID-19 themed attacks. A new version of the IcedID banking trojan was employed in COVID-19 themed attacks, the new variant uses steganography to infect victims and implements anti-detection capabilities. Researchers at Juniper Threat La
Publish At:2020-06-22 05:16 | Read:858 | Comments:0 | Tags:Breaking News Cyber Crime Malware banking coronavirus COVID-

FBI Says Cyber Criminals Will Target Mobile Banking Users

In a public announcement released on June 10th, the Federal Bureau of Investigation (FBI) warned that bad actors are now aiming at mobile banking users. Because of the pandemic, more and more people are looking for an alternative to physically visiting branch locations, so hackers will be looking for ways to exploit the new trend. The law enforcement agency
Publish At:2020-06-18 06:52 | Read:633 | Comments:0 | Tags:Mobile News Security banking Cybercrime mobile devices

An ongoing Qbot campaign targeted customers of tens of US banks

Researchers uncovered an ongoing campaign delivering the Qbot malware to steal credentials from customers of dozens of US financial institutions. Security researchers at F5 Labs have spotted ongoing attacks using Qbot malware payloads to steal credentials from customers of dozens of US financial institutions. Qbot, aka Qakbot, is a data stealer worm wi
Publish At:2020-06-18 04:44 | Read:620 | Comments:0 | Tags:Breaking News Cyber Crime Hacking Malware banking hacking ne

Securing Our Mobile Banking App

I recently talked with Julian Hall, senior vice president of enterprise architecture and application development at Security Service Federal Credit Union, to discuss what steps he and his team took in securing his credit union’s digital channels. Julian has more than 30 years of software industry experience and has been with Security Service for the la
Publish At:2020-05-24 07:37 | Read:621 | Comments:0 | Tags:App Security apps banking banking apps Julian Hall mobile at

New Study Shows Consumers Could Be Vulnerable to COVID-19 Spam

Since the World Health Organization (WHO) declared the COVID-19 outbreak a pandemic on March 11, IBM X-Force has observed a more than 6,000 percent increase in COVID-19-related spam, with lures ranging the full gamut of challenges and concerns facing individuals — from phishing emails impersonating the Small Business Administration (SBA) and the WHO to U.S.
Publish At:2020-05-03 08:13 | Read:706 | Comments:0 | Tags:Advanced Threats Banking & Financial Services Fraud Protecti

Newly-discovered Android malware steals banking passwords and 2FA codes

Security researchers at Cybereason are warning of a new mobile banking trojan that steals details from financial apps and intercepts SMS messages to bypass two-factor authentication mechanisms.According to experts who have examined the code of the malware, known as EventBot, it differs substantially from previously known Android malware – suggesting th
Publish At:2020-05-03 08:04 | Read:791 | Comments:0 | Tags:Featured Articles IT Security and Data Protection Android ba

Grandoreiro Malware Now Targeting Banks in Spain

During the past few months, IBM X-Force researchers have noticed a familiar malware threat that typically affects bank customers in Brazil has spread to attack banks in Spain. The rise in campaigns prompted us to look into it further. Grandoreiro, a remote-overlay banking Trojan, has migrated to Spain without significant modification, proving that attackers
Publish At:2020-04-13 10:30 | Read:877 | Comments:0 | Tags:Malware Threat Research Banking Banking Malware Banking Troj