Google Cloud services down in UK; banks, public sector report issues

A disruption at Google’s cloud operations in London on Tuesday affected the websites and mobile apps of several banks, financial firms and public service providers in ​the region, highlighting how businesses and services have become critically dependent on digital ‌infrastructure. Read More …

Bank of America had to hire 1,000 contractors to patch software flaws spotted by Anthropic Mythos

Bank of America, one of the largest financial institutions in the United States, was forced to hire a thousand people on contractor roles, and spend north of a $100 million dollars to fix all of the bugs found by the Read More …

Italy’s top bank hit by an AI messaging scam which cost it nearly €100 million

Cybercriminals have tricked a major Italian bank into wiring more than $100 million abroad by targeting executives with AI-powered deepfakes. Some of the money has since been recovered, but a significant portion remains unaccounted for. The target was Fideuram – Read More …

Revolut confirms customer data breach through fake government requests

British fintech Revolut confirmed that it disclosed sensitive customer information to an unauthorized third party after receiving fraudulent requests sent from a legitimate government agency email domain. The exposed data included customers’ identity and contact details, including their birth date, Read More …

The modern bank heist is already under way

The image of the bank robber is hopelessly outdated. Today’s heist does not begin with a getaway car outside a branch. It begins quietly, with an adversary establishing persistence inside a financial institution’s network and studying how the organisation responds, Read More …

Russian National Extradited to United States for Bank Account Takeover Fraud Scheme Causing Millions of Dollars in Losses

Sergei Anatolyevich Filimonov, 36, a Russian national and web developer who was allegedly involved in a transnational cyber‑fraud conspiracy responsible for large‑scale bank account takeover activity, was arraigned Friday in the Northern District of Georgia after being extradited from the Read More …

Attackers Expose Ongoing AI Tool Use Targeting Organizations in Latin America

We have analyzed two ongoing, multi-stage network intrusion and data-exfiltration campaigns targeting organizations in Latin America. Corroborating recent findings from the broader threat intelligence community, we observed attackers leveraging artificial intelligence (AI) to enhance their capabilities. Read more… Source:  Palo Read More …

Mirage Kitten targeting aviation and FinTech sectors across the Middle East and Africa with a new malware set

While monitoring Mirage Kitten activity, Kaspersky researchers uncovered a previously undocumented malware family that we dubbed NodeRabbit. The researchers identified the first sample on a system in Afghanistan. Further threat hunting revealed two additional, more advanced, variants: one on a Read More …

Zombie Card: An expired Visa credit card can be used for purchases

Did you know there is still a good reason to physically destroy your expired credit card? Scientific research found that the expiration date used by payment terminals on some contactless cards was not effectively protected against tampering. University of Massachusetts Amherst researchers Read More …

New Android malware lets criminals use your bank card in real time

Researchers at Group-IB have discovered a new NFC relay malware family, purpose-built to capture live card data via NFC and forward it in real time to attackers. They dubbed it “WindRelay.” NFC (Near Field Communication) is wireless technology that allows devices Read More …