SecureWorld News

FEBRUARY 15, 2024

A sophisticated form of mobile malware dubbed "GoldPickaxe" has been uncovered, which collects facial recognition data to produce deepfake videos, enabling hackers to bypass biometric authentication protections on banking apps. The hackers rely heavily on social engineering tactics to distribute the malware.

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Social Engineering Mobile Authentication Engineering 72

Digital Shadows

APRIL 4, 2024

In April 2024, ReliaQuest probes a campaign targeting health care for banking info. Findings reveal a series of attacks on clients in the sector.

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Social Engineering Engineering Banking 57

Bleeping Computer

APRIL 14, 2022

Cybercriminals are attempting to trick American users of digital payment apps into making instant money transfers in social engineering attacks using text messages with fake bank fraud alerts. [.].

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Social Engineering Engineering Banking 97

Krebs on Security

OCTOBER 7, 2022

consumers have their online bank accounts hijacked and plundered by hackers, U.S. But new data released this week suggests that for some of the nation’s largest banks, reimbursing account takeover victims has become more the exception than the rule. Bank , and Wells Fargo. ” Sen.

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Banking Accountability Scams Passwords 255

Heimadal Security

APRIL 15, 2022

Malicious actors are trying to deceive individuals living in the US using digital payment apps into making instant transfers of money in social engineering operations involving text messages that contain bogus bank fraud notifications, the FBI says. How Does the Scam Work?

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Social Engineering Engineering Phishing Scams 91

Malwarebytes

AUGUST 22, 2022

When she was about to enter her bank account PIN, she remembered she wasn't supposed to share it with anyone. It's only time before online criminals adopt this tactic and begin their social engineering campaign against unwary citizens. Source: Chasseur Group). She then realized she was about to be scammed.

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Social Engineering Engineering Banking Scams 88

Identity IQ

JUNE 1, 2023

The Rise of AI Social Engineering Scams IdentityIQ In today’s digital age, social engineering scams have become an increasingly prevalent threat. Social engineering scams leverage psychological manipulation to deceive individuals and exploit the victims’ trust.

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Social Engineering Scams Engineering Identity Theft 52

Schneier on Security

MARCH 22, 2021

This is a longish video that describes a profitable computer banking scam that’s run out of call centers in places like India. And three, it’s an evolving tactic that gets around banks increasingly flagging blocking suspicious electronic transfers.

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Banking Scams Computers and Electronics Social Engineering 332

The Hacker News

DECEMBER 1, 2023

Spreading primarily through messaging services, it combines app-based malware with social engineering to defraud banking customers," Oslo-based mobile app

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Banking Malware Social Engineering Mobile 87

SecureWorld News

NOVEMBER 9, 2021

The company says an unauthorized third party socially engineered a customer support employee while talking on the phone, obtaining access to some customer support systems. The popular trading app Robinhood has just been hit with a major data breach affecting millions of its users.

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Social Engineering Engineering Data breaches Banking 74

Heimadal Security

OCTOBER 13, 2022

New research conducted by a Dutch mobile security company recently discovered a network of phishing websites targeting Italian online-banking users to get a hold of their credentials. The post New Android Banking Malware Deployed Using Vishing appeared first on Heimdal Security Blog. How […].

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Banking Malware Social Engineering Mobile 114

SecureWorld News

APRIL 15, 2021

On a recent SecureWorld Sessions podcast episode, Social Engineering: Hacking Humans , host Bruce Sussman spoke with Christopher Hadnagy, an entrepreneur and author of five books about social engineering and hacking the human. 1 How do you define social engineering? I can't let you in, sir.'.

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Social Engineering Engineering Phishing Password Management 74

CyberSecurity Insiders

MARCH 25, 2022

The threat actor tried his best to convince the staff of the company to disclose sensitive details such as banking or login credentials but failed in her intentions. The post Morgan Stanley data breach details via social engineering attack appeared first on Cybersecurity Insiders.

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Social Engineering Data breaches Engineering Banking 78

Trend Micro

AUGUST 8, 2021

We found a new social engineering-based malvertising campaign targeting Japan that delivered a malicious application. The malicious application abused sideloading vulnerabilities to load and start the Cinobi banking trojan.

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Banking Social Engineering Cryptocurrency Engineering 128

Spinone

NOVEMBER 12, 2020

What is social engineering? Social engineering is a manipulative technique used by criminals to elicit specific actions in their victims. Social engineering is seldom a stand-alone operation. money from a bank account) or use it for other social engineering types.

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Social Engineering Engineering Phishing Banking 52

Approachable Cyber Threats

FEBRUARY 8, 2023

Banks are taking revolutionary approaches to digitize and streamline the customer experience - but these measures could come with a cost without strategic cybersecurity measures. The world is changing, and the banking industry is evolving too. The Industry Digital banking is transforming the way people access and manage their finances.

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Banking Social Engineering Cyber threats Encryption 94

SecureWorld News

SEPTEMBER 9, 2021

Then he led a wealthy bank customer scheme that involved the use of stolen Personally Identifiable Information (Pii) and in-person bank visits. Business email compromise scheme and social engineering. million USD) to a bank account controlled by Alaumary and his co-conspirators. million CAD (approximately $9.4

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Social Engineering Engineering Banking Cybercrime 65

Krebs on Security

AUGUST 5, 2019

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. Crooks are constantly probing bank Web sites for customer accounts protected by weak or recycled passwords.

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Banking Passwords Risk Password Management 243

Bleeping Computer

FEBRUARY 15, 2024

A new iOS and Android trojan named 'GoldPickaxe' employs a social engineering scheme to trick victims into scanning their faces and ID documents, which are believed to be used to generate deepfakes for unauthorized banking access. [.]

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Social Engineering Banking Malware Engineering 112

Security Affairs

MAY 17, 2021

Bizarro is a new sophisticated Brazilian banking trojan that is targeting customers of tens of banks in Europe and South America. Researchers from Kaspersky have spotted a new sophisticated Brazilian banking trojan dubbed Bizarro that is targeting customers of tens of 70 banks in Europe and South America.

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Banking Social Engineering Malware Engineering 97

Malwarebytes

MAY 18, 2021

Researchers have discovered a new banking Trojan that has been found targeting customers of European and South American banks. Identified sources so far have been spam emails and attackers may also use social engineering to convince victims to download a smartphone app. Emulating banking sites on the fly.

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Banking Social Engineering Malware Engineering 138

SecureList

MAY 17, 2021

Bizarro is yet another banking Trojan family originating from Brazil that is now found in other regions of the world. Attempts have now been made to steal credentials from customers of 70 banks from different European and South American countries. It may also use social engineering to convince victims to download a smartphone app.

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Banking Social Engineering Malware Engineering 140

The Hacker News

NOVEMBER 20, 2023

Android smartphone users in India are the target of a new malware campaign that employs social engineering lures to install fraudulent apps that are capable of harvesting sensitive data.

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Security Boulevard

NOVEMBER 10, 2023

Plan B is sneakernet: After Industrial and Commercial Bank of China ransomware attack, U.S. The post World’s Biggest Bank Hacked: ICBC Walks Trades on USBs appeared first on Security Boulevard. Treasury trades settled by bike messengers with flash drives.

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Banking Hacking Ransomware Social Engineering 86

Security Affairs

DECEMBER 12, 2021

Cofense researchers discovered a new phishing campaign using QR codes targeting German e-banking users in the last weeks. The phishing messages are carefully crafted, the content was well-structured and features bank logos. The use of QR codes making it hard for email filters to flag the messages as malicious. Pierluigi Paganini.

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Banking Phishing Social Engineering Engineering 138

The Hacker News

JULY 14, 2021

Spanish law enforcement agencies on Wednesday arrested 16 individuals belonging to a criminal network in connection with operating two banking trojans as part of a social engineering campaign targeting financial institutions in Europe.

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Banking Social Engineering Engineering 101

Security Affairs

NOVEMBER 15, 2021

Security researchers from Cleafy discovered a new Android banking trojan, named SharkBot, that is targeting banks in Europe. At the end of October, researchers from cyber security firms Cleafy and ThreatFabric have discovered a new Android banking trojan named SharkBot. ” reads the analysis published by the researchers.

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Banking Mobile Social Engineering Malware 121

The Hacker News

SEPTEMBER 1, 2023

Classiscam campaigns initially started out on classified sites, on which scammers placed fake advertisements and used social engineering techniques to convince users to pay for goods by transferring money to bank cards," Group-IB said in a new report. The Classiscam scam-as-a-service program has reaped the criminal actors $64.5

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Scams Social Engineering Banking Advertising 114

Malwarebytes

MARCH 19, 2024

SIM swapping can be done in a number of ways, but perhaps the most common involves a social engineering attack on the victim’s carrier. However, if you have a telecoms manager on your payroll then there’s no need for social engineering—they can just do the SIM swap for you.

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Social Engineering Computers and Electronics Mobile Identity Theft 137

The Last Watchdog

APRIL 10, 2019

Outside of giants JP Morgan, Bank of America, Citigroup, Wells Fargo and U.S. firms are comprised of community banks and regional credit unions. These smaller institutions, much like the giants, are hustling to expand mobile banking services. This is the new space that allows for combining these channels in banking.

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Banking Mobile Accountability Artificial Intelligence 117

Webroot

MARCH 5, 2021

Italy targeted by Ursnif banking Trojan. Over 100 banks in Italy have fallen victim to the Ursnif banking trojan, which has stolen thousands of login credentials since it was first discovered in 2007. The attack likely began as a malicious email using social engineering to trick users into clicking links.

Banking 71

Banking Social Engineering Engineering Backups 71

Dark Reading

SEPTEMBER 4, 2018

CamuBot is a sophisticated banking malware aimed at the business customers of major Brazilian banks.

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Social Engineering Banking Engineering Malware 53

The Hacker News

DECEMBER 1, 2021

Socially engineered SMS messages are being used to install malware on Android devices as part of a widespread phishing campaign that impersonates the Iranian government and social security services to make away with credit card details and steal funds from victims' bank accounts.

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Phishing Social Engineering Banking Engineering 134

Malwarebytes

AUGUST 3, 2022

It pays to be careful where cold calls from someone claiming to work for your bank are concerned. Scam callers are impersonating bank staff, with suggestions of dubious payments made to your account. One unfortunate individual has already lost around $1,000 to this slice of telephone-banking based fraud. Am I protected?

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Banking Scams Accountability Technology 99

Security Boulevard

JANUARY 27, 2022

The post Cyberinsurance: Federal Court Interprets Banking Fraud Policy appeared first on Security Boulevard. On January 26, 2022, the federal circuit court in California considered the case of Los Angeles-based property management company Ernst and Haas, which.

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The Last Watchdog

JUNE 18, 2018

Bank patrons in their 20s and 30s, who grew up blanketed with digital screens, have little interest in visiting a brick-and-mortar branch, nor interacting with a flesh-and-blood teller. This truism is pushing banks into unchartered territory. So banks are all in. LaSalla: Back in the day it was hardware tokens for banks.

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Security Boulevard

JANUARY 31, 2022

This “dangerous” and “advanced” banking malware was in the Google Play store. The post Banking Trojan in Google Play App Store—‘2FA Authenticator’ drops Vultur RAT appeared first on Security Boulevard. An Android app has been found to drop the Vultur remote access Trojan. How did that happen?

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Banking Authentication Malware Social Engineering 98