- Data-Wiping Cyberattacks Plague Financial Firms
March 6, 2019
Over a quarter of surveyed financial institutions reported that they were targeted by destructive cyberattacks over the past year, bent on completely destroying data. That’s according to a new Carbon Black report unveiled at RSA this year. The report, “Modern Bank Heists: The Bank Robbery Shifts to Cyberspace,” outlines the top attacks that financial firms are facing ...
- Fileless Banking Trojan Targeting Brazilian Banks Downloads Possible Botnet Capability, Info Stealers
March 4, 2019
Trend Micro analyzed a fileless malware with multiple .BAT attachments and a batch file from IoCs reported by researchers online that was capable of opening an IP address, downloading a PowerShell with a banking trojan payload, and installing a hack tool and an information stealer. Looking further, we observed it stealing machine information and user ...
- Russian national, author of NeverQuest banking trojan, pleads guilty
February 23, 2019
A Russian national pleaded guilty today in a New York court of creating, running, and infecting users with the NeverQuest banking trojan –also known as Snifula and Vawtrack. The man’s name is Stanislav Vitaliyevich Lisov, a Russian national who went online under the names of “Black” and “Blackf,” and who, according to a Department of Justice press ...
- Malspam campaign fakes Google reCAPTCHA images to fool victims
February 22, 2019
A recently discovered malspam campaign targeting customers of a Polish bank was found using forgeries of Google reCAPTCHA images to fake legitimacy. The banking malware was delivered via phishing emails that purported to seekin confirmation of a recent banking transaction that in reality never occurred, according to Feb. 21 blog post published week by Sucuri. Recipients who panicked at the ...
- Hackers Use Compromised Banks as Starting Points for Phishing Attacks
February 19, 2019
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 attacks describes a so called cross-border domino-effect that can lead to spreading an infection beyond the initial ...
- Banks Under Attack: Tactics and Techniques Used to Target Financial Organizations
February 8, 2019
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 SWIFT (Society for Worldwide Interbank Financial Telecommunication)infrastructures. That’s just the tip of the iceberg: A ...
- Metro Bank targeted with 2FA-bypassing SS7 attacks
February 1, 2019
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 calls are routed around the world. But according to Motherboard, hackers are more actively exploiting SS7, and ...
- New Android Malware Apps Use Motion Sensor to Evade Detection
January 18, 2019
Even after so many efforts by Google for preventing its Play Store from malware, shady apps somehow managed to fool its anti-malware protections and get into its service to infect Android users with malware. Two such Android apps have recently been spotted on the Google Play Store by security researchers with the Trend Micro malware research ...
- TA505 Crime Gang Debuts Brand-New ServHelper Backdoor
January 11, 2019
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 for a RAT called FlawedGrace. According to Proofpoint, the prolific cybercriminal gang known as TA505 developed ServHelper, which has ...
- Phishing template uses fake fonts to decode content and evade detection
January 3, 2019
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 for the time being in its use of web fonts to implement the encoding. When the ...
- Operation Sharpshooter Uses Fileless Malware to Attack Global Infrastructure
December 12, 2018
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 essential to download and execute a second stage payload named Rising Sun. Moreover, the Rising Sun implant ...
- Financial Conduct Authority warns asset management industry facing cyber risks
December 10, 2018
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 the asset management and wholesale banking sectors published today (10 December), the FCA also found an overreliance ...
- DarkVishnya: Banks attacked through direct connection to local network
December 6, 2018
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 prefer not to rely on chance. In 2017-2018, Kaspersky Lab specialists were invited to research ...
- Singapore banks offered $21M in funds to boost cybersecurity capabilities
December 3, 2018
Financial institutions in Singapore now have access to a S$30 million (US$21.88 million) grant that they can use to boost their cybersecurity operations and skillsets. Monetary Authority of Singapore (MAS) unveiled the new Cybersecurity Capabilities Grant that it said aimed to beef up the local financial sector’s cyber resilience and help banks develop local cybersecurity talent. Funded ...
- Mobile Rotexy Malware Touts Ransomware, Banking Trojan Functions
November 26, 2018
A mobile malware has accelerated its activity in 2018, launching more than 70k attacks in August through October. Mobile malware, dubbed Rotexy, has evolved from being spyware to now a dangerous banking trojan packing a host of new clever features. Researchers report 70,000 attacks between August and October with targets primarily based in Russia. In a technical brief released ...
- Lazarus APT Uses Modular Backdoor to Target Financial Institutions
November 21, 2018
The advanced persistent threat group Lazarus with North Korean links has been observed using a modular backdoor during last week to compromise a series of Latin American financial institutions by Trend Micro’s Lenart Bermejo and Joelson Soares. As unearthed by the Trend Micro research team, the APT38 threat group successfully compromised a number of computing systems ...
- Russian Banks Under Phishing Attack
November 16, 2018
Banks in Russia today were the target of a massive phishing campaign that aimed to deliver a tool used by the Silence group of hackers. The group is believed to have a background in legitimate infosec activities and access to documentation specific to the financial sector. The fraudulent emails purported to come from the Central Bank of Russia (CBR) ...
- Devastating Cyberattack Shakes Up Pakistan’s Financial Sector
November 14, 2018
According to PakCERT’s Qazi Misbah, 22 banks in the country were subject to a catastrophic cyber attack on October 27th of this year. 19,864 accounts with client banking data were hit, with some victims saying that funds were stolen. Amongst the many targets was the former Chief Scientist of Khan Research Laboratories, who says that Rs3 ...
- Emotet Campaign Ramps Up with Mass Email Harvesting Module
November 12, 2018
The new variant can exfiltrate emails for a period going back 180 days, en masse. A large-scale spam campaign has launched, spreading the Emotet banking trojan. Worryingly, the offensive has launched about a week after a fresh module for mass email-harvesting was detected for the malware. Emotet is technically a banking trojan, but it’s most often used ...
- ‘Almost all’ Pakistani banks hacked in security breach, says FIA cybercrime head
November 6, 2018
In a shocking revelation, the head of the Federal Investigation Agency’s (FIA) cybercrime wing has said data from “almost all” Pakistani banks was stolen in a recent security breach. “According to a recent report we have received, data from almost all Pakistani banks has been reportedly hacked,” FIA Cybercrimes Director retired Capt Mohammad Shoaib told Geo News on Tuesday. When ...