Banco de Chile Wiper Attack Just a Cover for $10M SWIFT Heist

A cyberattack against Chile’s largest financial institution last month, which reportedly destroyed 9,000 workstations and 500 servers, was actually cover for a larger plot to compromise endpoints handling transactions on the SWIFT network. When the dust settled on the attacks, investigators said Read More …

Brazilian Banking Trojan Communicates Via Microsoft SQL Server

Researchers have discovered a banking trojan making waves in Brazil with an array of tricks up its sleeve, including using an unusual command and control (C&C) server and a full-screen social-engineering overlay form. Researchers at IBM X-Force research on Tuesday Read More …

A new Mirai-style botnet is targeting the financial sector

A botnet made up of hijacked internet-connected televisions and web cameras has a new target, security researchers have found. Three financial sector institutions have become the latest victims of distributed denial-of-service (DDoS) attacks in recent months. New research by Recorded Read More …

Mastermind behind EUR 1 billion cyber bank robbery arrested in Spain

The leader of the crime gang behind the Carbanak and Cobalt malware attacks targeting over a 100 financial institutions worldwide has been arrested in Alicante, Spain, after a complex investigation conducted by the Spanish National Police, with the support of Read More …

Old banking Trojan TrickBot has been taught new tricks

The TrickBot Trojan has been upgraded with new modules to make detection, and defense, more difficult. First discovered in 2016, TrickBot is a financial Trojan which targets the customers of major banks. The Trojan is most commonly connected to phishing campaigns which Read More …

DDoS mystery: Who’s behind this massive wave of attacks targeting Dutch banks?

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 Read More …

Ploutus.D Malware Variant Used in U.S.-based ATM Jackpotting Attacks

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 Read More …