The six people arrested last week in connection with a multi-million dollar cyber attack on the account of a customer of the National Commercial Bank, have been charged.
This was disclosed by Dane Nicholson, Head of the Anti-Fraud Committee of the Jamaica Banker’s Association, who said the suspects were charged on Thursday and are booked to appear in court next week. They have been charged with the offences of Conspiracy to Defraud, breaches of the Cybercrime Act, engaging in the Proceeds of Criminal Property and Money Laundering.
Read more…
Source: Radio Jamaica News
Related:
- SharkBot malware hides as Android antivirus in Google Play
March 5, 2022
SharkBot banking malware has infiltrated the Google Play Store, the official Android app repository, posing as an antivirus with system cleaning capabilities. Although the trojan app was far from popular, its presence in Play Store shows that malware distributors can still bypass Google’s automatic defenses. The app is still present in Google’s store at the moment ...
- TeaBot Android Banking Trojan continues its global conquest with new upgrades
March 2, 2022
The TeaBot Remote Access Trojan (RAT) has been upgraded, leading to a huge increase in both targets and spread worldwide. On March 1, the Cleafy research team said TeaBot now targets over 400 applications, pivoting from an earlier focus on “smishing” to more advanced tactics. Smishing attacks are used to compromise mobile handsets via spam text messages ...
- Financial cyberthreats in 2021
February 23, 2022
The year 2021 was eventful in terms of digital threats for organizations and individuals, and financial institutions were no exception. Throughout the past year, we have seen cybercriminals continue to actively target our users with tools and techniques that emerged due to the pandemic. Imperfections in the transition to remote/hybrid work continue to pose a ...
- New phishing campaign targets Monzo online-banking customers
February 20, 2022
Users of Monzo, one of the UK’s most popular digital-only banking platforms, are being targeted by phishing messages supported by a growing network of malicious websites. Monzo is a 100% online banking platform with over four million customers and among the first to challenge the traditional financial managing system. The mobile-only platform offers a feature-rich app, debit ...
- Squirrelwaffle, Microsoft Exchange Server vulnerabilities exploited for financial fraud
February 15, 2022
The combination of Squirrelwaffle, ProxyLogon, and ProxyShell against Microsoft Exchange Servers is being used to conduct financial fraud through email hijacking. On Tuesday, researchers from Sophos revealed a recent incident in which a Microsoft Exchange Server, which had not been patched to protect it against a set of critical vulnerabilities disclosed last year, was targeted to ...
- Ukraine: Websites of some banks and ministries are under a cyberattack
February 15, 2022
According to local media, hackers are now attacking a number of sites in Ukraine. Several banks and the website of the Ministry of Defense are under DDoS attack. “Ukrainska Pravda” citing sources in the Ukrainian government understands that a powerful DDoS attack affected Privatbank and Oschadbank banks, as well as the Ministry of Defense and the ...