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China-based SMS Phishing Triad Pivots to Banks

Krebs on Security

But experts say these groups are now directly targeting customers of international financial institutions, while dramatically expanding their cybercrime infrastructure and support staff. The site will then complain that the visitor’s bank needs to “verify” the transaction by sending a one-time code via SMS.

Banking 272
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GUESST ESSAY: Cybercrime for hire: small businesses are the new bullseye of the Dark Web

The Last Watchdog

Yet despite their importance, many lack the cybersecurity expertise and resources to fend off a rising tide of digital threats. And thanks to an explosion of inexpensive cybercrime-as-a-service offerings on the dark web, launching an attack is easier and cheaper than ever. For small businesses, smart prioritization is key.

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Notorious Malware, Spam Host “Prospero” Moves to Kaspersky Lab

Krebs on Security

Last year, the French security firm Intrinsec detailed Prospero’s connections to bulletproof services advertised on Russian cybercrime forums under the names Securehost and BEARHOST. Madory said Kaspersky’s network appears to be hosting several financial institutions , including Russia’s largest — Alfa-Bank.

Malware 287
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Coyote Banking Trojan targets Brazilian users, stealing data from 70+ financial apps and websites

Security Affairs

Coyote Banking Trojan targets Brazilian users, stealing data from over 70 financial applications and websites. FortiGuard Labs researchers detected a campaign using LNK files executing PowerShell commands to deploy the Coyote Banking Trojan. Then the malware starts monitoring the active window. ” concludes the report.

Banking 123
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FBI: Spike in Hacked Police Emails, Fake Subpoenas

Krebs on Security

One English-speaking cybercriminal who goes by the nicknames “ Pwnstar ” and “ Pwnipotent ” has been selling fake EDR services on both Russian-language and English cybercrime forums. “A lot of global police agencies don’t have stringent cybersecurity hygiene, but even U.S. dot-gov emails get hacked.

Hacking 316
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Phishers Target Aviation Execs to Scam Customers

Krebs on Security

An investigation into the attacker’s infrastructure points to a long-running Nigerian cybercrime ring that is actively targeting established companies in the transportation and aviation industries. However, BEC scams were the second most costly form of cybercrime reported to the feds last year, with nearly $2.8 Viable ic3.gov

Scams 235
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Cybersecurity Snapshot: CISA Calls for Stamping Out Buffer Overflow Vulnerabilities, as Europol Tells Banks To Prep For Quantum Threat

Security Boulevard

Plus, Europol offers best practices for banks to adopt quantum-resistant cryptography. And get the latest on ransomware trends and on cybercrime legislation and prevention! For more information about the threat from quantum computing: Is Quantum Computing a Cybersecurity Threat? This week, the U.S.

Banking 63