The Hacker News

JANUARY 13, 2022

Cybersecurity researchers have decoded the mechanism by which the versatile Qakbot banking trojan handles the insertion of encrypted configuration data into the Windows Registry. Qakbot, also known as QBot, QuackBot and Pinkslipbot, has been observed in the wild since 2007.

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Banking Encryption Malware Cybersecurity 134

Joseph Steinberg

DECEMBER 20, 2021

Nearly every piece of data that is presently protected through the use of encryption may become vulnerable to exposure unless we take action soon. While quantum computers already exist, no devices are believed to yet exist that are anywhere near powerful enough to crack modern encryption in short order.

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Encryption Artificial Intelligence Technology Risk 246

Tech Republic Security

SEPTEMBER 6, 2024

Tenable's research reveals 26,500 cyber vulnerabilities in Southeast Asia's banking and insurance sectors, exposing critical security risks.

Banking 190

Banking Risk Insurance Financial Services 190

Krebs on Security

JUNE 23, 2021

Not long after joining Citi, Dant heard from industry colleagues at a bank in Mexico who reported finding one of these shimming devices inside the card acceptance slot of a local ATM. But these skimmers took advantage of weaknesses in the way many banks at the time implemented the new chip card standard. “MasterCard in the U.K.

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Banking Encryption Wireless Accountability 352

The Last Watchdog

APRIL 24, 2025

Related: PKI and the IoT cloud One quiet but consequential development now taking root in the financial sector could prove pivotal: the emergence of a dedicated Public Key Infrastructure (PKI) framework, tailored to banks and payment networks, guided by the Accredited Standards Committee X9 (ASC X9), and being rolled out by DigiCert.

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Banking Internet Internet IoT 147

Security Affairs

SEPTEMBER 24, 2024

A new version of the Android banking trojan Octo, called Octo2, supports improved features that allow to takeover infected devices. ThreatFabric researchers discovered a new version of the Android banking trojan Octo, called Octo2, that supports more advanced remote action capabilities needed for Device Takeover attacks.

Banking 129

Banking Mobile Malware Social Engineering 129

Joseph Steinberg

JULY 20, 2022

There is little doubt that quantum computing will ultimately undermine the security of most of today’s encryption systems , and, thereby, render vulnerable to exposure nearly every piece of data that is presently protected through the use of encryption. Such an attitude is not alarmist – it is reality, whether we like it or not.

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Risk Encryption Government Artificial Intelligence 338

Security Affairs

SEPTEMBER 19, 2021

Numando, a new banking Trojan that abuses YouTube, Pastebin, and other public platforms as C2 infrastructure and to spread. ESET researchers spotted a new LATAM banking trojan, tracked as Numando, that abuses YouTube, Pastebin, and other public platforms as C2 infrastructure and to spread. ” reads the analysis published by ESET.

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Banking Encryption Malware Hacking 142

The Hacker News

MARCH 31, 2024

The Android banking trojan known as Vultur has resurfaced with a suite of new features and improved anti-analysis and detection evasion techniques, enabling its operators to remotely interact with a mobile device and harvest sensitive data.

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Banking Encryption Mobile 142

SecureList

FEBRUARY 8, 2024

The developers of banking Trojan malware are constantly looking for inventive ways to distribute theirs implants and infect victims. In a recent investigation, we encountered a new malware that specifically targets users of more than 60 banking institutions, mainly from Brazil.

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Banking Encryption Malware Technology 144

eSecurity Planet

AUGUST 4, 2022

It’s been a couple of decades since data tapes delivered by trucks made encryption a standard enterprise cybersecurity practice. Yet even as technology has changed, sending and receiving data remains a major vulnerability, ensuring encryption’s place as a foundational security practice. What is Encryption?

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Encryption Software Computers and Electronics Technology 132

Troy Hunt

DECEMBER 13, 2017

" The latest such event was with NatWest (a bank in the UK), and it culminated with this tweet from them: I'm sorry you feel this way. That link takes you off to [link] which is indeed encrypted. I can certainly pass on your concerns and feed this back to the tech team for you Troy? Still with me?

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Banking Encryption Phishing 279

Security Affairs

SEPTEMBER 12, 2021

A new banking trojan dubbed maxtrilha (due to its encryption key) has been discovered in the last few days and targeting customers of European and South American banks. The new maxtrilha trojan is being disseminated and targeting several banks around the world. Figure 1: High-level diagram of maxtrilha banking trojan.

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Banking Malware Internet Internet 145

Krebs on Security

NOVEMBER 25, 2019

Jogodka said although this pump’s PIN pad is encrypted, the hidden camera sidesteps that security feature. “The PIN pad is encrypted, so this is a NEW way to capture the PIN,” Jogodka wrote in a message to a mailing list about skimming devices found on Arizona fuel pumps.

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Banking Wireless Encryption Mobile 347

Security Boulevard

FEBRUARY 14, 2025

Plus, Europol offers best practices for banks to adopt quantum-resistant cryptography. In addition to adopting post-quantum cryptography , banks and other financial institutions should take this opportunity to boost their cryptography management practices, according to Europol. Kirsten Gillibrand (D-N.Y.)

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Banking Cybercrime Cybersecurity Ransomware 64

The Last Watchdog

MARCH 24, 2025

Quantum computings ability to break todays encryption may still be years awaybut security leaders cant afford to wait. Related: Quantum standards come of age The real threat isnt just the eventual arrival of quantum decryptionits that nation-state actors are already stockpiling encrypted data in harvest now, decrypt later attacks.

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Encryption Financial Services Technology Risk 130

eSecurity Planet

SEPTEMBER 13, 2024

Cyber security in banking has become the frontline defense against an ever-growing wave of digital threats. With billions of dollars and sensitive data at risk, banks are under constant pressure to stay one step ahead of cybercriminals. Table of Contents Toggle What is Cyber Security in Banking?

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Banking Identity Theft DDOS Cyber threats 108

Schneier on Security

SEPTEMBER 30, 2020

Most victims must buy Bitcoin on entirely unregulated and free-wheeling exchanges that can also be hacked, leaving buyers’ bank account information stored on these exchanges vulnerable. The arguments for rendering a ransomware payment include: Payment is the least costly option; Payment is in the best interest of stakeholders (e.g.

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Ransomware Data breaches Banking Encryption 357

Krebs on Security

AUGUST 12, 2018

The FBI said unlimited operations compromise a financial institution or payment card processor with malware to access bank customer card information and exploit network access, enabling large scale theft of funds from ATMs. million from accounts at the National Bank of Blacksburg in two separate ATM cashouts between May 2016 and January 2017.

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Banking Accountability Retail Phishing 226

Malwarebytes

JUNE 26, 2024

A shockwave went through the financial world when ransomware group LockBit claimed to have breached the US Federal Reserve, the central banking system of the United States. The Reserve operates twelve banking districts around the country which oversee money distribution within their respective districts.

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Banking Data breaches Passwords Phishing 120

SecureWorld News

FEBRUARY 15, 2024

Bank of America is notifying customers that their personal information was compromised in a data breach impacting Infosys McCamish Systems (IMS), a third-party vendor. At least 57,028 Bank of America customers were directly impacted. The breach reportedly occurred after IMS was hacked in November 2023.

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Banking Financial Services Data breaches Threat Detection 116

The Last Watchdog

JULY 17, 2024

The rapid adoption of mobile banking has revolutionized how we manage our finances. Related: Deepfakes aimed at mobile banking apps With millions of users worldwide relying on mobile apps for their banking needs, the convenience is undeniable. Alarmingly, 85% of banks are predicted to be at risk from rising cyber threats.

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Banking Mobile Cyber Attacks Encryption 100

SecureList

SEPTEMBER 28, 2023

But there’s more going on in the cybercrime landscape, so we also published reports on new versions of the Lumma stealer and Zanubis Android banking trojan. After selecting all the desired options and pressing the build button, the application creates an encrypted blob hidden inside a.png file.

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Banking Malware Cybercrime Encryption 135

Security Affairs

MARCH 25, 2025

McAfee researchers detailed a fake IndusInd Bank app targeting Indian users, stealing personal and banking data via a hidden malicious.NET MAUI payload. It evades detection using multi-stage dynamic loading, encrypting and loading its malicious payload in three steps. ” reads the report published by McAfee.

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Malware Encryption Banking Cyber threats 75

Security Affairs

APRIL 13, 2025

Compromised data includes full names, contact details, ID numbers, banking information, drivers license numbers, medical records and passport details. Unlike other extortion group, the gang doesnt encrypt data, but focuses on data theft to speed up its activity. The gang claimed the theft of 2 TB of data. ” states the company.

Data breaches 130

Data breaches Unstructured Data Identity Theft Healthcare 130

Malwarebytes

DECEMBER 6, 2024

The scammers participated in fraudulent phone calls in which they impersonated bank employees to extract sensitive information, such as addresses and security answers, from their victims. A network of fake online shops set up to phish for payment information provided one of the sources of stolen data.

Marketing 115

Marketing Banking Encryption Phishing 115

SecureWorld News

NOVEMBER 10, 2023

The Industrial and Commercial Bank of China (ICBC), recognized as the world's largest commercial bank, has fallen victim to a ransomware attack. The bank, in response to the incident, promptly disconnected and isolated affected systems to contain the breach. Despite the disruption, ICBC successfully cleared U.S.

Banking 109

Banking Ransomware Marketing Financial Services 109

eSecurity Planet

NOVEMBER 6, 2024

This data reportedly includes everything from names and addresses to Social Security numbers and bank account details. The stolen data reportedly includes highly personal information — names, dates of birth, Social Security numbers, bank account details, and even records of residents’ interactions with city services. With over 6.5

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Ransomware Authentication Identity Theft Penetration Testing 113

Security Boulevard

MAY 7, 2025

Quantum computing is not some far-off theory anymore, and the threat to todays encryption is real with the clock running for organizations to be resilient. And for banks and finance organizations sitting on mountains of sensitive data, the urgency to prepare for post-quantum cryptography (PQC) is growing.

Banking 64

Banking Encryption 64

CSO Magazine

AUGUST 24, 2021

Like many other high-profile ransomware groups, OnePercent both encrypts and steals corporate data, threatening victims to release or auction the information if the ransom is not paid. The ransomware group has been active since at least November 2020 and has hit companies in the United States.

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Ransomware Banking Encryption 143

Krebs on Security

OCTOBER 28, 2020

In August, Gunnebo said it had successfully thwarted a ransomware attack, but this week it emerged that the intruders stole and published online tens of thousands of sensitive documents — including schematics of client bank vaults and surveillance systems. He declined to comment on the particulars of the extortion incident.

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Hacking Ransomware Banking Accountability 356

Krebs on Security

SEPTEMBER 5, 2023

In November 2022, the password manager service LastPass disclosed a breach in which hackers stole password vaults containing both encrypted and plaintext data for more than 25 million users. LastPass disclosed that criminal hackers had compromised encrypted copies of some password vaults, as well as other personal information.

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Cryptocurrency Passwords Encryption Accountability 360

The Last Watchdog

MAY 24, 2023

Encryption in transit provides eavesdropping protection and payload authenticity. We want encryption in transit so no one can read sensitive data from our network traffic. A service mesh, like open source Istio, is a well-known way to accomplish encryption in transit and service authentication at the same time.

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Authentication Banking Architecture Encryption 223

Schneier on Security

MAY 6, 2019

Ten years ago, I could have given you all sorts of advice about using encryption, not sending information over email, securing your web connections, and a host of other things­ -- but most of that doesn't matter anymore. Watch your credit reports and your bank accounts for suspicious activity.

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Identity Theft Passwords Password Management Authentication 279

Krebs on Security

JANUARY 27, 2021

million last summer in exchange for a digital key needed to unlock files encrypted by the ransomware. Emotet is a pay-per-install botnet that is used by several distinct cybercrime groups to deploy secondary malware — most notably the ransomware strain Ryuk and Trickbot , a powerful banking trojan.

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Ransomware Cybercrime Antivirus Encryption 346

Thales Cloud Protection & Licensing

OCTOBER 24, 2024

The cybersecurity regulations apply to entities overseen by the NYDFS, such as financial institutions, insurance companies, agents, and brokers, as well as banks, trusts, mortgage lenders and brokers, money transmitters, check cashers, and other related businesses.

Financial Services 62

Financial Services Cybersecurity CISO Backups 62

Adam Levin

JULY 19, 2019

The Kazakhstan government is intercepting all HTTPS-encrypted internet traffic within its borders. Under a new directive effective 7/17, the Kazakhstan government is requiring every internet service provider in the country to install a security certificate onto every internet-enabled device and browser.

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Internet Internet Government Banking 190