Bizarro Banking Trojan

Schneier on Security

Bizarro is a new banking trojan that is stealing financial information and crypto wallets. Uncategorized backdoors banking credentials cryptography malware reports

Bank Card "Master Key" Stolen

Schneier on Security

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.

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Details of a Computer Banking Scam

Schneier on Security

This is a longish video that describes a profitable computer banking scam that’s run out of call centers in places like India. And three, it’s an evolving tactic that gets around banks increasingly flagging blocking suspicious electronic transfers.

Scammers Sent Uber to Take Elderly Lady to the Bank

Krebs on Security

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. So they sent her some information about where to wire the money, and asked her to go to the bank.

How Preparation and Strategy Can Be Used to Fight and Defeat Any Ransomware Attack

Speaker: Karl Camilleri, Cloud Services Product Manager at phoenixNAP

Through a detailed analysis of major attacks and their consequences, Karl Camilleri, Cloud Services Product Manager at phoenixNAP, will discuss the state of ransomware and future predictions, as well as provide best practices for attack prevention and recovery.

The Building Blocks of Neo Bank Security

Appknox

Neo banks are fighting an uphill battle. From strict AML laws and KYC processes to fraudsters and criminals looking to take advantage, neo bank security is a major concern. mobile banking mobile security mobile banking security Neo Banking Neo Bank

Bank loses customers’ social security numbers after ransomware attack

Hot for Security

Because what if two weeks later the hacked bank (did I mention it was in the top 75 list of largest banks in the United States?) However, things became even more serious when it became apparent that the hackers were contacting the bank’s customers, informing them of the breach.

New Android banking Malware targets Brazil’s Itaú Unibanco Bank

Security Affairs

Researchers analyzed a new Android banking malware that targets Brazil’s Itaú Unibanco that spreads through fake Google Play Store pages. SecurityAffairs – hacking, Android banking malware).

Xenomorph Android banking trojan distributed via Google Play Store

Security Affairs

Xenomorph Android trojan has been observed distributed via the official Google Play Store targeting 56 European banks. Researchers from ThreatFabric have spotted a new Android banking trojan, dubbed Xenomorph , distributed via the official Google Play Store that has over 50,000 installations.

Why Security Must be the Focus of Modern Banking

Security Boulevard

consumers are shying away from digital banking due to security concerns. According to a PYMNTS Digital Banking report, 47% of consumers worry about their data security, despite significant interest in digitized banking services. This is why modern banking practices need.

SMS About Bank Fraud as a Pretext for Voice Phishing

Krebs on Security

Smishing messages usually include a link to a site that spoofs a popular bank and tries to siphon personal information. Since this seemed like a reasonable and simple request — and she indeed had an account at the bank in question — she responded, “NO.”

Tips to stay safe from online banking frauds

CyberSecurity Insiders

Because of Covid-19 lockdowns, the banking world across the globe has switched to the online banking plan. For all the basic needs, people need not visit the bank premises on a physical note. As they can opt for online banking services, to quench all their account needs.

Banking’s Digital Future Raises Security Concerns

Security Boulevard

As the global financial services industry undergoes a seismic shift, disruption is prompting the industry to replace traditional practices, with emphasis on the inevitable digital future banks will have to embrace.

ERMAC 2.0 Android Banking Trojan targets over 400 apps

Security Affairs

A new version of the ERMAC Android banking trojan is able to target an increased number of apps. The ERMAC Android banking trojan version 2.0 ERMAC was first spotted by researchers from Threatfabric in July 2021, it is based on the popular banking trojan Cerberus.

Beware – Banking Trojans using enhanced techniques to spread malware.

Quick Heal Antivirus

In our Open-Source Threat Hunting, Quick Heal Security Researchers encountered a banking Trojan named Aberebot capable of stealing. The post Beware – Banking Trojans using enhanced techniques to spread malware.

Securing UX in Open Banking Apps

Security Boulevard

Historically, only large, well-established banks had control over the majority of consumer and corporate finances, making it highly challenging for smaller financial services providers to break into the market. The post Securing UX in Open Banking Apps appeared first on Security Boulevard.

Anonymous claims to have hacked the Central Bank of Russia

Security Affairs

The Anonymous hacker collective claims to have hacked the Central Bank of Russia and stole accessed 35,000 documents. Anonymous continues to target Russian government organizations and private businesses, now it is claiming to have hacked the Central Bank of Russia.

Robin Banks might be robbing your bank

Security Boulevard

Key points from our research: Robin Banks is a phishing-as-a-service (PhaaS) platform, first seen in March 2022, selling ready-made phishing kits to cyber criminals aiming to gain access to the financial information of individuals residing in the U.S.,

U.S. banking regulators order banks to notify cybersecurity incidents in 36 hours

Security Affairs

banking regulators have approved a new rule that orders banks to notify federal regulators of significant cybersecurity incidents within 36 hours. The rule aims at forcing banks to quickly respond to cybersecurity incidents. banking).

Reserve Bank of New Zealand Data Breach Caused by Antiquated Third Party Software

Adam Levin

The data breach of the Reserve Bank of New Zealand has been attributed to the compromise of a third party file sharing service. “A The post Reserve Bank of New Zealand Data Breach Caused by Antiquated Third Party Software appeared first on Adam Levin.

TSB Bank Disaster

Schneier on Security

This seems like an absolute disaster: The very short version is that a UK bank, TSB, which had been merged into and then many years later was spun out of Lloyds Bank, was bought by the Spanish bank Banco Sabadell in 2015. It is bad enough that bank IT problem had been so severe and protracted a major newspaper, The Guardian, created a live blog for it that has now been running for two days. banking dataprotection

The State of Commercial Banking and Security

Security Boulevard

The shift to digital banking has been a game-changer for financial institutions. But while digital has opened up whole new avenues for customer experience and revenue within the banking sector, one major worry continues to cause many financial professionals to lose sleep: Cybersecurity.

Bizarro banking Trojan targets banks in Brazil and abroad

Security Affairs

Bizarro is a new sophisticated Brazilian banking trojan that is targeting customers of tens of banks in Europe and South America. Bizarro banking Trojan allows to capture online banking credentials and hijacking Bitcoin wallets from the victims.

Data privacy in Open Banking

Security Boulevard

The post Data privacy in Open Banking appeared first on Cloudentity. The post Data privacy in Open Banking appeared first on Security Boulevard. Security Bloggers Network Customer Experience open banking

Everything You Need to Know About Neo Bank Security

Appknox

fintech Security practices mobile banking security Vulnerability Assessment Neo Banking Neo BankOf all the modern business ecosystems, the Fintech sector is one of the most volatile landscapes that is teeming with industry and technological disruptions.

Beware – Banking Trojans using enhanced techniques to spread malicious malware.

Quick Heal Antivirus

In our Open-Source Threat Hunting, Quick Heal Security Researchers encountered a banking Trojan named Aberebot capable of stealing. The post Beware – Banking Trojans using enhanced techniques to spread malicious malware.

Everything You Need to Know About Open Banking Security

Appknox

It is no longer necessary to wait in queues to speak with a bank teller. financial fintech mobile banking API Security Open BankingFinancial services have developed at a breakneck pace, resulting in fierce competition among financial technologies.

Banks Must Report Cyber Incidents Beginning in May 2022

Lohrman on Security

financial institutions are leaders in global cyber defense. Recently approved rules will mandate the reporting of security incidents next year. We explore the topic with cybersecurity expert Michael McLaughlin

The President of European Central Bank Christine Lagarde targeted by hackers

Security Affairs

Christine Lagarde, the president of the European Central Bank, was the target of a failed hacking attempt. The European Central Bank confirmed that its President, Christine Lagarde, was the target of a failed hacking attempt.

Anonymous leaked 28GB of data stolen from the Central Bank of Russia

Security Affairs

Anonymous announced that the affiliate group Black Rabbit World has leaked 28 GB of data stolen from the Central Bank of Russia. This week the Anonymous hacker collective claims to have hacked the Central Bank of Russia and stole accessed 35,000 documents.

Banking scam uses Docusign phish to thieve 2FA codes

Naked Security

Phishing Banking phishing scamsThis scam is obviously inapplicable to 999 people in every 1000. but there are LOTS of 1-in-1000 people in the world!

Things to do as soon as you become a victim to a bank fraudster

CyberSecurity Insiders

If, in case, you become a victim of bank fraud, then better follow these steps to get back your amount that might have already reached the accounts of the fraudsters. Contact your bank and raise an issue with them that a cyber fraudster duped you. Education bank fraud

Conti ransomware gang started leaking files stolen from Bank Indonesia

Security Affairs

The central bank of the Republic of Indonesia, Bank Indonesia, confirmed the ransomware attack that hit it in December. Bank Indonesia confirmed that it was the victim of a ransomware attack that took place last month.

Open Banking Forcing Prioritization of API Protection

Security Boulevard

Growth of Open Banking Open Banking Project is an open-source system that allows financial services providers to more easily manage and access consumer banking and financial data via application programming interfaces (APIs).

Cyber Threat to SWIFT Banking System

CyberSecurity Insiders

The ongoing war of Russia on Ukraine is fetching many troubles to the financial sector, as most of the internationally recognized banks predict a severe cyber threat to SWIFT, the global payments messaging system in the coming weekend.

New Android banking malware disguises as crypto app to spread

Tech Republic Security

A new banking Trojan dubbed "Malibot" pretends to be a cryptomining application to spread between Android phones. The post New Android banking malware disguises as crypto app to spread appeared first on TechRepublic.

Alien Android Banking Trojan Sidesteps 2FA

Threatpost

A new 'fork' of the Cerberus banking trojan, called Alien, targets victims' credentials from more than 200 mobile apps, including Bank of America and Microsoft Outlook.

Bank fraud scammers trick victims with claims of bogus Zelle transfers

Malwarebytes

It pays to be careful where cold calls from someone claiming to work for your bank are concerned. Scam callers are impersonating bank staff, with suggestions of dubious payments made to your account. It’s trickier than ever to deal with a case of banking fraud.

Cyber 2022 Predictions About Open Banking

Security Boulevard

Unlike traditional banking where all customer data is controlled by the parent bank, in open banking, customer data is securely exposed to third-party providers via application programming interfaces (APIs).

Android Banking Trojan Vultur uses screen recording for credentials stealing

Security Affairs

Experts spotted a new strain of Android banking Trojan dubbed Vultur that uses screen recording and keylogging for the capturing of login credentials. The banking Trojan leverages Accessibility Services to determine what application is in the foreground.

DarkVishnya Attacks Loot Millions from Banks

Adam Levin

Hackers stole tens of millions of dollars from Eastern European banks in a campaign called “DarkVishnya.” The first step involved planting in the target banks a device. Finally, when the hackers gained access, they siphoned as much money as they could “grab” using phony ATM withdrawals and bank transactions. The post DarkVishnya Attacks Loot Millions from Banks appeared first on Adam Levin.

Flagstar Bank discloses a data breach that impacted 1.5 Million individuals

Security Affairs

US Flagstar Bank disclosed a data breach that exposed files containing the personal information of 1.5 US-based Flagstar Bank disclosed a data breach that impacted roughly 1.5 The post Flagstar Bank discloses a data breach that impacted 1.5

Indian Bank Hit in $13.5M Cyberheist After FBI ATM Cashout Warning

Krebs on Security

12, KrebsOnSecurity carried an exclusive : The FBI was warning banks about an imminent “ATM cashout” scheme about to unfold across the globe, thanks to a data breach at an unknown financial institution. 14, a bank in India disclosed hackers had broken into its servers, stealing nearly $2 million in fraudulent bank transfers and $11.5 The Blacksburg bank is now suing its insurance provider for refusing to fully cover the loss. On Sunday, Aug.