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9 Considerations For Hong Kong Banks To Address The STDB Guidelines

Thales Cloud Protection & Licensing

9 Considerations For Hong Kong Banks To Address The STDB Guidelines. To address the escalating cyber risks, the Hong Kong Association of Banks (HKAB) developed and published guidelines for Secure Tertiary Data Backup (STDB). Tue, 10/05/2021 - 06:55. Cyber incidents pose a threat to the stability of the global financial system.

Banking 114
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Russian Cybercrime group is exploiting Zerologon flaw, Microsoft warns

Security Affairs

TA505 hacking group has been active since 2014 focusing on Retail and banking sectors. The TA505 group was involved in campaigns aimed at distributing the Dridex banking Trojan, along with Locky , BitPaymer , Philadelphia , GlobeImposter , and Jaff ransomware families. states Microsoft. We strongly recommend patching.

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BEST PRACTICES: Mock phishing attacks prep employees to avoid being socially engineered

The Last Watchdog

In 2015, penetration tester Oliver Münchow was asked by a Swiss bank to come up with a better way to test and educate bank employees so that passwords never left the network perimeter. He came up with a new approach to testing and training the bank’s employees – and the basis for a new company, LucySecurity.

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Ransom hits main street

Webroot

But despite the headlines, most ransomware targets families as well as small and medium sized businesses. And it makes sense – just like it is for common criminals, it’s easier to steal a purse than it is to rob millions from a bank. Targeted by ransomware. Ransomware tactics. Their goal is disruption.

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Microsoft warns TA505 changed tactic in an ongoing malware campaign

Security Affairs

pic.twitter.com/mcRyEBUmQH — Microsoft Security Intelligence (@MsftSecIntel) January 30, 2020. TA505 hacking group has been active since 2014 focusing on Retail and banking sectors. Security experts from cyber-security firm Prevailion reported that TA505 has compromised more than 1,000 organizations.

Malware 105
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CISA alert warns of Emotet attacks on US govt entities

Security Affairs

The Emotet banking trojan has been active at least since 2014, the botnet is operated by a threat actor tracked as TA542. The infamous banking trojan is also used to deliver other malicious code, such as Trickbot and QBot trojan or ransomware such as Conti (TrickBot) or ProLock (QBot).

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Malware authors join forces and target organisations with Domino Backdoor

Malwarebytes

There’s a new ransomware gang in town, stitched together from members of well known threat creators to push a new kind of malware focused on punishing unwary organisations. The malware family, called “Domino”, is the brainchild of FIN7 and ex-Conti ransomware members. This current campaign is, sadly, no different.

Malware 98