ABN Amro on alert as supplier hit by ransomware attack

ABN Amro is warning customers that their personal details may be at risk after a ransomware attack at one its supplier. The ransomware attack was inflicted on AddComm, which distributes documents and tokens physically and digitally to ABN Amro clients Read More …

Bank of Russia reports rising number of cyber attacks on financial infrastructure

The Bank of Russia reported an increase in the number of attacks on suppliers of various IT solutions used in the financial market, the regulator said in its report. “It is particularly noteworthy that attacks on third parties – suppliers Read More …

Deepfake video conference sees criminals escape with US$25 million

In February, a multinational company’s finance team member in Hong Kong made headlines after he transmitted HK$200 million (US$25 million) to cybercriminals who pretended to be the chief financial officer and other colleagues, using deepfake technology, in what the worker Read More …

SoumniBot: the new Android banker’s unique techniques

The creators of widespread malware programs often employ various tools that hinder code detection and analysis, and Android malware is no exception. As an example of this, droppers, such as Badpack and Hqwar, designed for stealthily delivering Trojan bankers or Read More …

IMF: Rising Cyber Threats Pose Serious Concerns for Financial Stability

Cyberattacks have more than doubled since the pandemic. While companies have historically suffered relatively modest direct losses from cyberattacks, some have experienced a much heavier toll. US credit reporting agency Equifax, for example, paid more than $1 billion in penalties Read More …

Prudential Financial February incident exposed data of nearly 37K customers

Prudential Financial disclosed that 36,545 individuals had personal information stolen in an early February breach that was claimed by ALPHV/BlackCat, the group also responsible for the Change Healthcare ransomware attack. In a letter to consumers March 29, the large insurance Read More …

Agenda Ransomware Propagates to vCenters and ESXi via Custom PowerShell Script

Since its discovery in 2022, the Agenda Ransomware group (also known as Qilin) has been active and in development. Agenda, which Trend Micro tracks as Water Galura, continues infecting victims globally with the US, Argentina, and Australia, and Thailand being Read More …