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:
- DDoS mystery: Who’s behind this massive wave of attacks targeting Dutch banks?
February 1, 2018
There is as yet no indication of who is behind the massive distributed denial of service (DDoS) attacks on Netherlands banks and government websites that ran from last weekend to Tuesday. Initial reports suggesting a Russian connection appear baseless. The attacks began just a couple of days after media reports stated that Dutch intelligence tipped off their ...
- Ploutus.D Malware Variant Used in U.S.-based ATM Jackpotting Attacks
January 29, 2018
The United States Secret Service issued a warning on Friday to financial institutions citing “credible information” about “planned” attacks against U.S. cash machines using malware that can quickly drain ATM machines dry of cash. The warning came a day after ATM maker Diebold Nixdorf also warned its customers of “potential” ATM Jackpotting attacks moving from Mexico to the U.S. But journalist Brian ...
- Dridex banking Trojan compromises FTP sites in new campaign
January 19, 2018
Researchers have discovered the Dridex banking Trojan has once again evolved and is now using compromised FTP websites in phishing campaigns. The Trojan was first spotted back in 2014 after targeting banks in the United Kingdom. Since then, Dridex has become infamous for striking financial institutions across Europe. The malware spreads through phishing campaigns, duping victims into downloading ...
- Oman’s stock exchange was easily hackable for months
January 18, 2018
One of the largest stock exchanges in the Middle East has quietly fixed a security issue that could’ve let hackers gain unfettered access to the network. A core router for Oman’s stock exchange, the Muscat Securities Market, had both its username and password as “admin” for months, even after several attempts by a security researcher to ...
- New KillDisk Variant Hits Financial Organizations in Latin America
January 15, 2018
We came across a new variant of the disk-wiping KillDisk targeting financial organizations in Latin America. Trend Micro detects it as TROJ_KILLDISK.IUB. Trend Micro™ Deep Discovery™ proactively blocks any intrusions or attacks associated with this threat. Initial analysis (which is still ongoing) reveals that it may be a component of another payload, or part of a bigger ...
- 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