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The Risk of Weak Online Banking Passwords

Krebs on Security

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.

Banking 274
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Banks, Arbitrary Password Restrictions and Why They Don't Matter

Troy Hunt

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*. 6 characters.

Banking 241
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Ukraine Nabs Suspect in 773M Password ?Megabreach?

Krebs on Security

In January 2019, dozens of media outlets raised the alarm about a new “megabreach” involving the release of some 773 million stolen usernames and passwords that was breathlessly labeled “the largest collection of stolen data in history.” By far the most important passwords are those protecting our email inbox(es).

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Crooks bank on Microsoft’s search engine to phish customers

Malwarebytes

We identified a new wave of phishing for banking credentials that targets consumers via Microsoft’s search engine. Once a victim types their user ID and password, criminals will receive the data immediately. Passkeys come to mind immediately since they do not involve passwords at all.

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Leaking Passwords through the Spellchecker

Schneier on Security

Sometimes browser spellcheckers leak passwords : When using major web browsers like Chrome and Edge, your form data is transmitted to Google and Microsoft, respectively, should enhanced spellcheck features be enabled.

Passwords 307
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ToxicPanda Android banking trojan targets Europe and LATAM, with a focus on Italy

Security Affairs

The ToxicPanda Android malware has infected over 1,500 devices, enabling attackers to perform fraudulent banking transactions. Cleafy researchers spotted a new Android banking malware, dubbed ToxicPanda, which already infected over 1,500 Android devices. ” reads the report published by Cleafy.

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The Rise of One-Time Password Interception Bots

Krebs on Security

In February, KrebsOnSecurity wrote about a novel cybercrime service that helped attackers intercept the one-time passwords (OTPs) that many websites require as a second authentication factor in addition to passwords. An ad for the OTP interception service/bot “SMSRanger.”

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