- WannaCry Hero Charged With Creating $7,000 Banking Malware
August 3, 2017
In an astonishing turn of events, the man who stopped the spread of the WannaCry ransomware earlier this year has been arrested and charged with creating a banking malware known as Kronos. Marcus Hutchins, also known as MalwareTech, was held in Nevada, just as he was getting ready to head home from the Las Vegas-based hacker conferences ...
- $39 million cyber heist crooks caught by Omani agency
August 2, 2017
Omani forensic specialists helped track down online crooks who stole $39 million from a government bank, the director of the Internet Technology Agency has revealed. A cyber attack on an Oman bank in 2013 sparked a global manhunt across 24 nations that led to the arrests of seven people in the USA, according to Dr Badr ...
- UniCredit Bank Hacked, 400,000 Accounts Exposed
July 26, 2017
UniCredit has just announced in an official statement that its servers were breached by hackers, with details of approximately 400,000 clients said to be exposed. The bank explained that hackers managed to get inside its systems in Italy twice in the last 12 months. The first hack took place in September and October 2016, while the ...
- Bank of America Customers Under Attack, Phishing Site Hosted on Russian Server
July 24, 2017
You might be tempted to believe that hackers are getting tired of using phishing scams to target bank clients across the globe, but as Bank of America customers might find out the hard way, this doesn’t seem to be the case just yet. HackRead has come across a new major phishing attack aimed at BoA clients, ...
- Lloyd’s says cyber-attack could cost $120bn, same as Hurricane Katrina
July 17, 2017
Lloyd’s of London has warned that a serious cyber-attack could cost the global economy more than $120bn (£92bn) – as much as catastrophic natural disasters such as Hurricanes Katrina and Sandy. Published two months after a ransomware cyber-attack that hobbled NHS hospitals and hit nearly 100 countries, a 56-page report from the world’s oldest insurance market ...
- Hackers Attack Trump Hotels, Steal Credit Card Details and Personal Data
July 12, 2017
Hackers breached the systems used by 14 different Trump Hotels properties between August 10, 2016 and March 9, 2017, managing to steal sensitive information like guests’ credit card details and other personal information. In a 9-page notification published on the official page, Trump Hotels informs customers that hackers managed to breach the systems of Sabre Hospitality ...
- After Windows and Android, Operation Emmental Starts Targeting Apple Users
July 11, 2017
Security experts have discovered new malware that is specifically aimed at Apple customers, after previously targeting users running Windows and Android on their devices. Believed to be part of Operation Emmental, which was first spotted in 2012, the new malware is called Dok and is primarily targeting customers of Swiss banks, according to an in-depth analysis ...
- MCMC probing cyber attacks on online trading platforms
July 7, 2017
The Malaysian Communications and Multimedia Commission (MCMC) is looking into reports of suspected cyber attacks disrupting online trading at several local brokerages. The regulator said it was assisting the stock exchange in investigating the disruption, a report by Nikkei Markets said on Friday. This comes after several brokerages alerted clients that their online broking services had been ...
- Petya cyber attack: Ransomware spreads across Europe with firms in Ukraine, Britain and Spain shut down
June 27, 2017
Major firms, airports and government departments in Ukraine have been struck by a massive cyber attack which began to spread across Europe on Tuesday afternoon. In Ukraine, government departments, the central bank, a state-run aircraft manufacturer, the airport in Kiev and the metro network have all been paralysed by the hack. In the UK, the advertising firm WPP said ...
- Banks to be forced to reveal all cyber security breaches to the European Central Bank
June 19, 2017
All banks regulated by the European Central Bank (ECB) will be forced to reveal all major cyber security breaches, according to one of the supervisor’s bosses. Starting this summer, banks directly supervised by the ECB will have to “report all significant cyber incidents”, said Sabine Lautenschlaeger, a member of the ECB’s executive board. At a speech in ...
- Banks could be stung for €5bn under GDPR, screams latest report on industry readiness
June 15, 2017
European banks could face fines totalling €4.7bn in the three years after General Data Protection Regulation comes into force, according to a report from data security solutions firm AllClear ID. The latest in a string of sales pitches reports on businesses’ preparedness for GDPR to land in The Reg‘s inbox says that banks are not properly ...
- New SEC enforcement chiefs see cyber crime as biggest market threat
June 9, 2017
Hackers are increasingly breaking into brokerage accounts to steal assets or make illegal trades, prompting U.S. securities regulators to start tracking cyber crimes more closely, two newly appointed enforcement officials said in an interview on Thursday. On Thursday, the U.S. Securities and Exchange Commission named Stephanie Avakian and Steven Peikin as new co-directors of enforcement. In an ...
- Financial malware more than twice as prevalent as ransomware
June 1, 2017
Three Trojans dominated the financial threat landscape in 2016 and attackers increased their focus on corporate finance departments With all the attention ransomware is getting lately it’s easy to overlook other threats, such as those that target the financial sector and its customers. However, these types of threats are a serious and costly problem for both ...
- Russian Cron Malware Operators Arrested Before Banking Malware Taken Abroad
May 23, 2017
With the help of an Android malware, Russian cyber criminals were able to steal from local bank customers and were planning to move their operation to the rest of Europe. Twenty people were arrested as law enforcement tried to kill off the “Cron” malware campaign. Russian security firm Group IB writes that the raids also thwarted ...
- Debenhams Data Breach Affects 26K Customers, Payment Details Exposed
May 5, 2017
Personal data of up to 26,000 people was exposed due to a data breach affecting customers of Debenhams Flowers, the retailer’s florist arm. According to Debenhams, the site is actually operated by Ecomnova, which is a third-party supplier. Therefore, customers of other services it provides have not been affected in any way. On the other hand, Ecomnova ...
- After years of warnings, mobile network hackers exploit SS7 flaws to drain bank accounts
May 3, 2017
Experts have been warning for years about security blunders in the Signaling System 7 protocol – the magic glue used by cellphone networks to communicate with each other. These shortcomings can be potentially abused to, for example, redirect people’s calls and text messages to miscreants’ devices. Now we’ve seen the first case of crooks exploiting the ...
- Hundreds of Fake UK Bank Sites Exposed, Pose High Risk for Customers
May 3, 2017
Hackers have registered over 300 domains with names similar to those of several popular British banks, which they use to trick customers into handing over personal details or login data. According to DomainTools, a company handling domain names and DNS-based cyber threats, 324 such domains were discovered only in relation to banks in the United Kingdom, ...
- Russian-controlled telecom hijacks financial services’ Internet traffic
April 28, 2017
On Wednesday, large chunks of network traffic belonging to MasterCard, Visa, and more than two dozen other financial services companies were briefly routed through a Russian government-controlled telecom under unexplained circumstances that renew lingering questions about the trust and reliability of some of the most sensitive Internet communications. Anomalies in the border gateway protocol—which routes large-scale ...
- Hong Kong to tighten cyber security rules after broker hacks
April 20, 2017
Hong Kong plans to toughen information security rules after a series of embarrassing hacks at the city’s brokers, the securities regulator said on Thursday. The draft rules would likely include requirements for two-step authentication for account log-in and for brokers to notify clients when a transaction had been made, a Hong Kong Securities and Futures Commission ...
- ShadowBrokers’ Windows Zero-Days Already Patched
April 17, 2017
Hours after what was thought to be a damaging release of NSA hacking tools for Windows systems, Microsoft quelled some anxiety with a late-night statement on Friday that most of the vulnerabilities disclosed by the ShadowBrokers had already been patched. The biggest surprise was that the most recent updates came in March in a bulletin, MS17-010, ...