- HSBC discloses security incident
November 6, 2018
Banking giant HSBC disclosed on Monday a security incident that impacted an undisclosed number of the institution’s customers. “HSBC became aware of online accounts being accessed by unauthorized users between October 4, 2018 and October 14, 2018,” the bank wrote in a data breach notification lettersubmitted to Californian authorities. The bank said it suspended access to online accounts ...
- Microsoft regularly shared data of India bank customers with US intelligence agencies, claims report
November 2, 2018
Technology company Microsoft has routinely shared the financial details of Indian bank customers with intelligence agencies in the United States, DNA reported on Tuesday. According to the newspaper, the Reserve Bank of India flagged its concerns on the matter in a risk assessment report it has placed before banks’ audit committees. The central bank found that the data ...
- Malware Distributors Adopt DKIM to Bypass Mail Filters
October 25, 2018
In July 2018, US-CERT raised an alert regarding the Emotet banking trojan, which is also being used to distribute a secondary malware known as “Trickbot”. This alert provided recommendations on how businesses can mitigate their exposure to the Trojan. Unfortunately, it looks like criminals are also reading the US-CERT’s warnings as they have adopted new techniques ...
- Bank Servers Hacked to Trick ATMs into Spitting Out Millions in Cash
October 3, 2018
The US-CERT has released a joint technical alert from the DHS, the FBI, and Treasury warning about a new ATM scheme being used by the prolific North Korean APT hacking group known as Hidden Cobra. Hidden Cobra, also known as Lazarus Group and Guardians of Peace, is believed to be backed by the North Korean government and ...
- This is how cyber attackers stole £2.26m from Tesco Bank customers
October 1, 2018
The inner workings of a cyber attack against Tesco Bank which saw £2.26m stolen from 9,000 customers — and resulted in the bank being fined over £16.4m for the failings that allowed it to happen — have been revealed. The Financial Conduct Authority (FCA) has hit the bank with a £16.4m fine and said Tesco Bank failed to ...
- DanaBot Banking Trojan Found Targeting European Countries
September 27, 2018
Security researchers recently discovered a banking trojan named DanaBot (detected by Trend Micro as TROJ_BANLOAD.THFOAAH) being distributed to European countries via spam emails. Here’s what you need to know about this threat, how users and businesses can defend against it, and how managed detection and response can help address this threat. What is DanaBot? DanaBot is a banking trojan, written in ...
- Cobalt threat group serves up SpicyOmelette in fresh bank attacks
September 27, 2018
Advanced persistent threat group (APT) the Cobalt Gang, also known as Gold Kingswood, is spreading SpicyOmelette malware in campaigns targeting financial institutions worldwide. In a world where cyberattacks against businesses and consumers alike are spreading and evolving in nature and sophistication, it is often financial institutions which bear the brunt. Banking customers hoodwinked by fraudulent schemes or ...
- Tesco Bank facing £30m fine from FCA over 2016 cyber attack
September 24, 2018
Tesco Bank could be fined as much as £30 million over its 2016 cyber attack that compromised the accounts of at least 40,000 of its seven million customers. The attack in November 2016 is one of the most serious ever on a UK retail bank, with money stolen from 20,000 accounts over one weekend – some customers seeing ...
- Mirai Botnet Creators Helping FBI Fight Cybercrime to Stay Out of Jail
September 19, 2018
Three young hackers who were sentenced late last year for creating and spreading the notorious Mirai botnet are now helping the FBI to investigate other “complex” cybercrime cases in return to avoid their lengthy prison terms. Paras Jha, 21 from New Jersey, Josiah White, 20 from Washington, and Dalton Norman, 21 from Louisiana, plead guilty in December 2017 to multiple ...
- OilRig APT Continues Its Ongoing Malware Evolution
September 13, 2018
The Iran-linked APT appears to be in a state of continuous tool development, analogous to the DevOps efforts seen in the legitimate software world. OilRig, an APT group believed to have ties to Iran, has been spotted in yet another campaign in the Middle East – this time targeting victims within an undisclosed government using an ...
- Osiris Banking Trojan Displays Modern Malware Innovation
September 12, 2018
Osiris’ fundamental makeup positions it in the fore of malware trends, despite being based on old source code that’s been knocking around for years. After staying dormant for few years, the Kronos banking trojan resurfaced in July in a form dubbed Osiris. A wider analysis of how the banking trojan is evolving shows innovative development on ...
- Bad Actors Sizing Up Systems Via Lightweight Recon Malware
September 11, 2018
These stealthy downloaders initially infect systems and then only install additional malware on systems of interest. Well-known financial crime gang Cobalt Group and other threat actors have recently shifted tactics to incorporate lightweight modular downloaders that “vet” target machines for their attractiveness before proceeding with a full-fledged attack. The emergence of the AdvisorsBot and Marap malwares, as ...
- British Airways breach caused by the same group that hit Ticketmaster
September 11, 2018
A cyber-criminal operation known as Magecart is believed to have been behind the recent card breach announced last week by British Airways. The operation has been active since 2015 when RisqIQ and ClearSky researchers spotted the malware for the first time. The group’s regular mode of operation involves hacking into online stores and hiding JavaScript code that steals payment card information entered ...
- Mirai, Gafgyt IoT botnets stab systems with Apache Struts, SonicWall exploits
September 10, 2018
New variations of Mirai and the Gafgyt botnet are harnessing new vulnerabilities to compromise IoT devices, including the security flaw which caused the 2017 Equifax data breach. On Sunday, researchers from the Palo Alto Networks Unit 42 team said in a blog postthat new variants of the botnets have been upgraded with a slew of exploits designed to ...
- FIN6 returns to attack retailer point of sale systems in US, Europe
September 5, 2018
A new malware campaign has been detected which is targeting point-of-sale (PoS) systems across the United States and Europe. On Wednesday, researchers from IBM X-Force IRIS said the attacks have been attributed to the FIN6 cybercriminal group. This is only the second time that a campaign has been documented which appears to be the handiwork of FIN6. According to FireEye (.PDF), ...
- New Silence hacking group suspected of having ties to cyber-security industry
September 5, 2018
At least one member of a newly uncovered cybercrime hacking group appears to be a former or current employee of a cyber-security company, according to a new report released today. The report, published by Moscow-based cyber-security firm Group-IB, breaks down the activity of a previously unreported cyber-criminal group named Silence. According to Group-IB, the group has spent the ...
- ‘CamuBot’ Banking Malware Ups the Trojan Game with Biometric Bypass
September 4, 2018
CamuBot is a unique malware targeting Brazilian bank customers that attempts to bypass biometric account protections. Brazilian bank customers are being warned of malware dubbed CamuBot that hides in plain sight and presents itself as a required end-user security module provided by a bank. The malware goes so far as to include bank logos that look and ...
- Cyber threat against Danish banks ‘very high’: agency
September 1, 2018
The cyber threat against Denmark’s financial sector is considered to be very high, according to a report by the Centre for Cyber Security (Center for Cybersikkerhed). The centre, which is a department of military security agency FET (Forsvarets Efterretningstjeneste), assesses cyber threats against Denmark and Danish businesses. “The threat posed to the Danish financial sector by cyber ...
- Cobalt Group Targets Banks in Eastern Europe with Double-Threat Tactic
August 30, 2018
The campaign uses double infection points and two command-and-control servers. The infamous financial cybercrime gang known as Cobalt Group has been spotted actively pushing a fresh campaign that uses a peculiar tactic: Double infection points and two command-and-control (C2) servers. The Cobalt Group, a known financial cybercrime ring since 2016, has been suspected in attacks in dozens ...
- How hackers managed to steal $13.5 million in Cosmos bank heist
August 27, 2018
Earlier this month, reports surfaced which suggested that Cosmos Bank, India’s oldest at 112 years old, had become the victim of a cyberattack which left the institution millions out of pocket. The attack reportedly took place in two stages been August 10 – 13. According to the Hindustan Times, malware was used on the bank’s ATM server ...