Finland warns of Android malware attacks breaching bank accounts
Bleeping Computer
MAY 5, 2024
Finland's Transport and Communications Agency (Traficom) has issued a warning about an ongoing Android malware campaign targeting banking accounts. [.]
Report: Big U.S. Banks Are Stiffing Account Takeover Victims
Krebs on Security
OCTOBER 7, 2022
consumers have their online bank accounts hijacked and plundered by hackers, U.S. But new data released this week suggests that for some of the nation’s largest banks, reimbursing account takeover victims has become more the exception than the rule. Bank , and Wells Fargo.
Banking 
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Android banking trojans: How they steal passwords and drain bank accounts
Malwarebytes
FEBRUARY 27, 2024
For the most popular operating system in the world—which is Android and it isn’t even a contest —there’s a sneaky cyberthreat that can empty out a person’s bank accounts to fill the illicit coffers of cybercriminals. What are Android banking trojans? Take the SharkBot banking trojan, which Malwarebytes detects and stops.
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Hacker arrested for selling bank accounts of US, Canadian users
Bleeping Computer
FEBRUARY 18, 2024
Ukraine's cyber police arrested a 31-year-old for running a cybercrime operation that gained access to bank accounts of American and Canadian users and sold it on the dark web. [.]
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Everything You Need to Know About Crypto
Speaker: Ryan McInerny, CAMS, FRM, MSBA - Principal, Product Strategy
May 18th, 2023 at 9:30 am PDT, 12:30 pm EDT, 5:30 pm BST
Bizarro Banking Trojan
Schneier on Security
MAY 20, 2021
Bizarro is a new banking trojan that is stealing financial information and crypto wallets. …the program can be delivered in a couple of ways — either via malicious links contained within spam emails, or through a trojanized app.
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SMS About Bank Fraud as a Pretext for Voice Phishing
Krebs on Security
NOVEMBER 10, 2021
Smishing messages usually include a link to a site that spoofs a popular bank and tries to siphon personal information. But increasingly, phishers are turning to a hybrid form of smishing — blasting out linkless text messages about suspicious bank transfers as a pretext for immediately calling and scamming anyone who responds via text.
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What Can Go Wrong with Bank Online Account Opening?
Security Boulevard
DECEMBER 19, 2023
Online account opening is one of the most crucial functions for banks today. It is one of the key ways banks can grow. It can be a real cost saver to a bank as […] The post What Can Go Wrong with Bank Online Account Opening? And customers don’t have to take the time to visit a branch to become a customer.
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Brazilian Cybercriminals Using LOLBaS and CMD Scripts to Drain Bank Accounts
The Hacker News
JUNE 4, 2023
An unknown cybercrime threat actor has been observed targeting Spanish- and Portuguese-speaking victims to compromise online banking accounts in Mexico, Peru, and Portugal.
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Bank Account Verification: The Benefits of Using Bank Account Verification APIs
Security Boulevard
MARCH 26, 2023
When a consumer opens a bank account, the bank goes through a procedure called bank account verification. It enables all required checks to be made on the account user and the source of their income, successfully stopping illegal activities like money laundering and the financing of terrorism.
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Robin Banks phishing service returns to steal banking accounts
Bleeping Computer
NOVEMBER 4, 2022
The Robin Banks phishing-as-a-service (PhaaS) platform is back in action with infrastructure hosted by a Russian internet company that offers protection against distributed denial-of-service (DDoS) attacks. [.].
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Scammers Sent Uber to Take Elderly Lady to the Bank
Krebs on Security
AUGUST 4, 2022
Email scammers sent an Uber to the home of an 80-year-old woman who responded to a well-timed email scam, in a bid to make sure she went to the bank and wired money to the fraudsters. ” “They took control of her screen and said they had accidentally transferred $160,000 into her account,” Hardaway said.
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Bank Card "Master Key" Stolen
Schneier on Security
JUNE 17, 2020
The bank's master PIN key was stolen, forcing it to cancel and replace 12 million bank cards. The breach resulted from the printing of the bank's encrypted master key in plain, unencrypted digital language at the Postbank's old data centre in the Pretoria city centre. The bank lost $3.2
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First Horizon bank online accounts hacked to steal customers’ funds
Bleeping Computer
APRIL 30, 2021
Bank holding company First Horizon Corporation disclosed the some of its customers had their online banking accounts breached by unknown attackers earlier this month. [.].
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Hackers steal dollars from JPMorgan bank account of Ray Ban
CyberSecurity Insiders
JANUARY 9, 2023
JP Morgan Chase aka JPMorgan, one of the top banking services of America, has hit the news headlines early this year for failing to protect the account of Essilor from hackers who stole around $272m. It is unclear whether the stolen money was from one account or multiple accounts.
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SharkBot Android Trojan Steals Banking and Crypto Accounts
Heimadal Security
NOVEMBER 16, 2021
It apparently targets crypto and banking services from the U.S., The post SharkBot Android Trojan Steals Banking and Crypto Accounts appeared first on Heimdal Security Blog. Security experts have revealed the emergence of the SharkBot Android trojan. Characteristics of SharkBot Android Trojan According […].
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Top 10 Most Dangerous Banking Malware That Can Empty Your Bank Account
Heimadal Security
JULY 15, 2021
When it comes to banking malware and all the variants of credentials-stealing Trojans, we agree that there are simply too many out there that you need to pay attention to, so we organized a list of the most dangerous. What you’ll find below is a short presentation for some of the most advanced banking Trojans […].
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New Variant of Banking Trojan BBTok Targets Over 40 Latin American Banks
The Hacker News
SEPTEMBER 22, 2023
An active malware campaign targeting Latin America is dispensing a new variant of a banking trojan called BBTok, particularly users in Brazil and Mexico.
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Spanish police dismantled SIM swapping gang who stole money from victims’ bank accounts
Security Affairs
FEBRUARY 10, 2022
Spanish National Police has arrested eight alleged members of a crime organization who were able to steal money from the bank accounts of the victims through SIM swapping attacks. Once hijacked a SIM, the attackers can steal money, cryptocurrencies and personal information, including contacts synced with online accounts.
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Bank of America customer data compromised after a third-party services provider data breach
Security Affairs
FEBRUARY 13, 2024
Bank of America revealed that the personal information of some customers was stolen in a data breach affecting a third-party services provider. Bank of America began notifying some customers following a data breach at the third-party services provider Infosys McCamish System (IMS). Bank of America’s systems were not compromised.”
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The Risk of Weak Online Banking Passwords
Krebs on Security
AUGUST 5, 2019
If you bank online and choose weak or re-used passwords, there’s a decent chance your account could be pilfered by cyberthieves — even if your bank offers multi-factor authentication as part of its login process. Image: Hold Security.
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Hacker steals funds from customer bank accounts through Brute Force Attacks
CyberSecurity Insiders
APRIL 29, 2021
First Horizon Bank of United States witnessed a cyber attack on a few of its customers resulting in fund loss of $1 million in total. The banking firm reported the same in the Securities and Exchange Commission (SEC) filing and stated that the attack could have taken place after the hacker/s stole customer credentials.
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Enable Pay by Account for a Digital-First Experience Directly From Your Banking App
Security Boulevard
OCTOBER 27, 2023
The post Enable Pay by Account for a Digital-First Experience Directly From Your Banking App appeared first on Entrust Blog. The post Enable Pay by Account for a Digital-First Experience Directly From Your Banking App appeared first on Security Boulevard.
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Spain dismantles SIM swapping group who emptied bank accounts
Bleeping Computer
FEBRUARY 10, 2022
Spanish National Police has arrested eight suspects allegedly part of a crime ring who drained bank accounts in a series of SIM swapping attacks. [.].
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Anatsa Android banking Trojan expands to Slovakia, Slovenia, and Czechia
Security Affairs
FEBRUARY 19, 2024
The Android banking trojan Anatsa resurged expanding its operation to new countries, including Slovakia, Slovenia, and Czechia. In November 2023, researchers from ThreatFabric observed a resurgence of the Anatsa banking Trojan, aka TeaBot and Toddler. ” concludes the report. ” concludes the report. .
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Fortifying Finance: Navigating the Cybersecurity Landscape in Banking
Security Boulevard
NOVEMBER 23, 2023
Cyber-criminals are broadly speaking after the wealth of highly monetizable personal and financial data that financial institutions hold on their customers, or access to their accounts. But at the same time, banks themselves want to use that data to deliver better services more efficiently.
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Web Injection Campaign Targets 40 Banks, 50,000 Users
Security Boulevard
DECEMBER 22, 2023
Dozens of banks around the word are in the crosshairs of a threat group using JavaScript web injections to steal users’ bank account credentials. The campaign, which the hackers have been preparing for since December 2022 and which emerged in March, has targeted 40 banks in North and South America, Europe, and Japan, and has.
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New Xenomorph Android malware targets more than 50 banking and financial applications
Tech Republic Security
FEBRUARY 23, 2022
Some banking malware targets mobile devices and can quickly steal money from banking accounts. Meet Xenomorph, a new malware targeting Android and more than 50 banking and financial applications.
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How banks and banking customers can protect themselves against financial crimes
Tech Republic Security
MARCH 4, 2021
Account takeovers and online banking fraud are two types of attacks on the rise against financial institutions and their customers, says Feedzai.
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MY TAKE: Account hijackers follow small banks, credit unions over to mobile banking apps
The Last Watchdog
APRIL 10, 2019
Outside of giants JP Morgan, Bank of America, Citigroup, Wells Fargo and U.S. firms are comprised of community banks and regional credit unions. These smaller institutions, much like the giants, are hustling to expand mobile banking services. This is the new space that allows for combining these channels in banking.
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‘My bank account was in a shambles’: The ordeal of an identity theft victim
We Live Security
NOVEMBER 18, 2021
The post ‘My bank account was in a shambles’: The ordeal of an identity theft victim appeared first on WeLiveSecurity. A victim of identity theft tells us how criminals used his identity to commit fraud and what it took to put his life back in order.
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Hackers Targeting Brazil's PIX Payment System to Drain Users' Bank Accounts
The Hacker News
SEPTEMBER 29, 2021
Two newly discovered malicious Android applications on Google Play Store have been used to target users of Brazil's instant payment ecosystem in a likely attempt to lure victims into fraudulently transferring their entire account balances into another bank account under cybercriminals' control.
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Why Preventing Financial Account Takeover Attacks is Important for Banks and Fintechs
Security Boulevard
SEPTEMBER 15, 2021
Financial account takeover is a form of identity fraud where fraudsters use stolen credentials to break into digital financial accounts of genuine customers. The post Why Preventing Financial Account Takeover Attacks is Important for Banks and Fintechs appeared first on Security Boulevard.
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A New Banking Trojan on the Rise: TOITOIN Banking Trojan
Heimadal Security
JULY 10, 2023
TOITOIN is a new Windows-based banking trojan active since 2023. The malware targets businesses operating in Latin America (LATAM), researchers at Zscaler say, employing a multi-stage infection chain and custom-made modules.
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Bank of America Warns Its Customers About Data Breach
Heimadal Security
FEBRUARY 16, 2024
A data breach compromising customers’ personal information has been alerted by Bank of America to consumers following last year’s intrusion of Infosys McCamish Systems (IMS), one of its service partners.
Report: Big U.S. Banks Are Stiffing Account Takeover Victims
Security Boulevard
OCTOBER 7, 2022
consumers have their online bank accounts hijacked and plundered by hackers, U.S. But new data released this week suggests that for some of the nation's largest banks, reimbursing account takeover victims has become more the exception than the rule. The post Report: Big U.S.
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New Variant of Ursnif Malware Shifts Focus from Bank Account Theft to Initial Access
Heimadal Security
OCTOBER 21, 2022
Initially emerging as a generic backdoor, this new version has been stripped of its typical banking trojan functionality. The post New Variant of Ursnif Malware Shifts Focus from Bank Account Theft to Initial Access appeared first on Heimdal Security Blog. New Ursnif Campaign Spotted […].
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Major UK banks including Lloyds, Halifax, TSB hit by outages
Bleeping Computer
APRIL 28, 2023
Websites and mobile apps of Lloyds Bank, Halifax, TSB Bank, and Bank of Scotland have experienced web and mobile app outages today leaving customers unable to access their account balances and information. [.]
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Ursnif malware switches from bank account theft to initial access
Bleeping Computer
OCTOBER 20, 2022
Gozi) emerged as a generic backdoor, stripped of its typical banking trojan functionality. [.]. A new version of the Ursnif malware (a.k.a.
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JavaScript Malware: 50,000+ Bank Users at Risk Worldwide
Security Boulevard
JANUARY 4, 2024
In a disconcerting revelation, a newly identified strain of JavaScript malware has set its sights on compromising online banking accounts, orchestrating a widespread campaign impacting over 40 financial institutions globally. Detecting […] The post JavaScript Malware: 50,000+ Bank Users at Risk Worldwide appeared first on TuxCare.
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SharkBot — A New Android Trojan Stealing Banking and Cryptocurrency Accounts
The Hacker News
NOVEMBER 15, 2021
Cybersecurity researchers on Monday took the wraps off a new Android trojan that takes advantage of accessibility features on the devices to siphon credentials from banking and cryptocurrency services in Italy, the U.K., and the U.S. as well as five
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BBTok Banking Trojan Impersonates 40+ Banks to Hijack Victim Accounts
Dark Reading
SEPTEMBER 21, 2023
Attackers use convincing fake website interfaces and sophisticated geo-fencing to target users exclusively in Mexico and Brazil with a new variant of the malware.
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Banks, Arbitrary Password Restrictions and Why They Don't Matter
Troy Hunt
SEPTEMBER 17, 2019
Allow me to be controversial for a moment: arbitrary password restrictions on banks such as short max lengths and disallowed characters don't matter. Also, allow me to argue with myself for a moment: banks shouldn't have these restrictions in place anyway. for my *online banking*. Any thoughts? 6 characters.
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Multinational ICICI Bank leaks passports and credit card numbers
Security Affairs
APRIL 20, 2023
ICICI Bank leaked millions of records with sensitive data, including financial information and personal documents of the bank’s clients. ICICI Bank, an Indian multinational valued at more than $76 billion, has more than 5,000 branches across India and is present in at least another 15 countries worldwide.
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