Hackers Use Compromised Banks as Starting Points for Phishing Attacks

Cybercriminals attacking banks and financial organizations use their foothold in a compromised infrastructure to gain access to similar targets in other regions or countries. In a report released today and shared with BleepingComputer, international security company Group-IB specialized in preventing cyber Read More …

Banks Under Attack: Tactics and Techniques Used to Target Financial Organizations

US$100 – 300 billion: That’s the estimated losses that financial institutions can potentially incur annually from cyberattacks. Despite the staggering amount, it’s unsurprising — over the past three years, several banks suffered $87 million in combined losses from attacks that compromised their Read More …

Metro Bank targeted with 2FA-bypassing SS7 attacks

Metro Bank has reportedly fallen victim to a sophisticated two-factor authentication (2FA) bypass attack after hackers infiltrated a telecoms firm’s text messaging protocol. The Signalling Systems No. 7 (SS7) protocol is used by telecom firms to coordinate how texts and Read More …

TA505 Crime Gang Debuts Brand-New ServHelper Backdoor

The latest malware from TA505 has been seen targeting banks, retailers and restaurants with two different versions. A new backdoor named ServHelper has been spotted in the wild, acting as both a remote desktop agent as well as a downloader Read More …

Phishing template uses fake fonts to decode content and evade detection

Proofpoint researchers recently observed a phishing kit with peculiar encoding utilized in a credential harvesting scheme impersonating a major retail bank. While encoded source code and various obfuscation mechanisms have been well documented in phishing kits, this technique appears to be unique Read More …

Operation Sharpshooter Uses Fileless Malware to Attack Global Infrastructure

The McAfee Advanced Threat Research team detected a malware campaign dubbed Operation Sharpshooter which attacked nuclear, defense, energy, and financial targets from all over the world. As detailed by McAfee’s research team, the campaign dubbed “Operation Sharpshooter” makes use of an in-memory Read More …

Financial Conduct Authority warns asset management industry facing cyber risks

The asset management industry suffers from a lack of expertise and preparedness with regard to cyber security, and is risking “serious harm to its clients” and the wider market, the Financial Conduct Authority (FCA) has warned. In a multi-firm review of Read More …

DarkVishnya: Banks attacked through direct connection to local network

While novice attackers, imitating the protagonists of the U.S. drama Mr. Robot, leave USB flash drives lying around parking lots in the hope that an employee from the target company picks one up and plugs it in at the workplace, more experienced cybercriminals Read More …