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What is Cryptocurrency?

Security Boulevard

Cryptocurrency is best thought of as a digital currency that only exists on computers. It is transferred between peers (there is no middleman like a bank). Transaction data and the ledger are encrypted using cryptography. Cryptocurrency Main Features. Cryptocurrency Main Features. The post What is Cryptocurrency?

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Report Shows Major Security Holes in Banking Apps

Adam Levin

A security analysis of 30 major banking and financial apps has shown major security holes and a lax approach to protecting user data. Among the most alarming finding was the practice of embedding and hard-coding of private certificates and API keys into banking apps. Read more about their report’s findings here.

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CENTRAL BANK DIGITAL CURRENCIES

Thales Cloud Protection & Licensing

CENTRAL BANK DIGITAL CURRENCIES divya Tue, 02/28/2023 - 06:31 CENTRAL BANK DIGITAL CURRENCIES an evolution of money and payments CBDC, or Central Bank Digital Currency, is a trending topic in the financial industry. CENTRAL BANK DIGITAL CURRENCY OR CBDC IS A DIGITAL MONEY, AN ELECTRONIC VERSION OF NOTES AND COINS.

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SOVA Android malware now also encrypts victims’ files

Security Affairs

Security researchers from Cleafy reported that the SOVA Android banking malware is back and is rapidly evolving. The SOVA Android banking trojan was improved, it has a new ransomware feature that encrypts files on Android devices, Cleafy researchers report. targets over 200 banking and cryptocurrency exchange apps.

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Nexus, an emerging Android banking Trojan targets 450 financial apps

Security Affairs

Experts warn of an emerging Android banking trojan dubbed Nexus that was employed in attacks against 450 financial applications. Cybersecurity firm experts from Cleafy warn of an emerging Android banking trojan, named Nexus, that was employed by multiple groups in attacks against 450 financial applications.

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SharkBot Android banking Trojan cleans users out

Malwarebytes

Researchers have discovered and analyzed a new Android banking Trojan that allows attackers to steal sensitive banking information such as user credentials, personal information, current balance, and even to perform gestures on the infected device. All the communication between the malware and C2 are encrypted and encoded with Base64.

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The Godfather Banking Trojan Expands Application Targeting to Affect More Europe-Based Victims

Security Boulevard

Godfather malware includes banking trojans used by different threat actors to target Android mobile devices. 1) One primary design of Godfather malware is to harvest login credentials for various financial applications, including cryptocurrency wallets and exchanges. Initial variants were reported beginning of March 2021. (1)

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