Money is what always attracts cybercriminals. A significant share of scam, phishing and malware attacks is about money.
With trillions of dollars of digital payments made every year, it is no wonder that attackers target electronic wallets, online shopping accounts and other financial assets, inventing new techniques and reusing good old ones. Amid the current threat landscape, Kaspersky has conducted a comprehensive analysis of the financial risks, pinpointing key trends and providing recommendations to effectively mitigate risks and enhance security posture.
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Source: Kaspersky
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- New KillDisk Variant Hits Financial Organizations in Latin America
January 15, 2018
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- After security disasters, banks using SWIFT messaging platform face new regulations in 2018
January 3, 2018
In 2018, all banks using the SWIFT messaging platform will be required to comply with a new cybersecurity framework that aims to establish a baseline for security. SWIFT stands for the Society for Worldwide Interbank Financial Telecommunication. Banks use the closed network to communicate among themselves, sending approximately 25 million messages per day. Read more… Source: TechRepublic
- MoneyTaker Cybercriminal Group Steals $10 Million from Financial Institutions
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Security researchers shed light on the Russian-speaking cybercriminal group MoneyTaker, which was reported to have perpetrated cyberattacks against financial organizations in the U.S. and Russia. The group reportedly stole as much as $10 million from at least 20 card payment and inter-bank transfer systems. What is MoneyTaker? MoneyTaker is a cybercriminal group named after the custom malware they use ...
- Banking Apps Found Vulnerable to MITM Attacks
December 7, 2017
Leading US and UK-based banks have patched a flaw found in their Android and iOS mobile apps that allowed adversaries to conduct man-in-the-middle attacks to steal customer credentials and view and manipulate network traffic. According to researchers at the School of Computer Science at the University of Birmingham that found the flaw, the vulnerability impacted nine apps belonging ...
- Ursnif Trojan Adopts New Code Injection Technique
December 4, 2017
Hackers are testing a new variation of the Ursnif Trojan aimed at Australian bank customers that utilizes novel code injection techniques. Since the summer of 2017, IBM X-Force researchers report that Ursnif (or Gozi) samples have been tested in wild by a new malware developer. The samples are a noteworthy upgrade from previous versions. “This finding is ...
- Hackers Now Have Incredibly Sophisticated Ways to Breach Banks’ Defenses
November 29, 2017
Global banks need to do more to protect themselves from cyberattacks after a “significant evolution” in the threat level in the last 18 months, according to the SWIFTglobal payments network. Hackers are deploying increasingly sophisticated ways of breaching banks’ cyber defenses to launch finely orchestrated attacks, SWIFT said in a report co-written with defense contractor BAE Systems. ...
