New KillDisk Variant Hits Financial Organizations in Latin America

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) Read More …

After security disasters, banks using SWIFT messaging platform face new regulations in 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 Read More …

MoneyTaker Cybercriminal Group Steals $10 Million from Financial Institutions

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 Read More …

Banking Apps Found Vulnerable to MITM Attacks

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 Read More …

Hackers Now Have Incredibly Sophisticated Ways to Breach Banks’ Defenses

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 Read More …

Banking Trojan Gains Ability to Steal Facebook, Twitter and Gmail Accounts

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 Read More …

DHS, FBI describe North Korea’s use of FALLCHILL malware

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 Read More …

Fast-growing cyber crime threatens financial sector: Europol

The “remorseless” growth of cyber crime is leading to 4,000 ransom attacks a day and gangs’ technological capability now threatens critical parts of the financial sector, the head of Europol said on Wednesday. Online criminals have become so sophisticated that Read More …