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:
- MoneyTaker Cybercriminal Group Steals $10 Million from Financial Institutions
December 12, 2017
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. ...
- Banking Trojan Gains Ability to Steal Facebook, Twitter and Gmail Accounts
November 14, 2017
Security researchers have discovered a new, sophisticated form of malware based on the notorious Zeus banking Trojan that steals more than just bank account details. Dubbed Terdot, the banking Trojan has been around since mid-2016 and was initially designed to operate as a proxy to conduct man-in-the-middle (MitM) attacks, steal browsing information such as stored credit card information ...
- DHS, FBI describe North Korea’s use of FALLCHILL malware
November 14, 2017
The North Korean government has likely been using the malware since 2016 to target the aerospace, telecommunications, and finance industries, the US government says. The federal government on Tuesday issued an alert detailing the North Korean government’s use of malware known as FALLCHILL, warning that North Korea has likely been using the malware since 2016 to target the ...