FBI Mapping ‘Joanap Malware’ Victims to Disrupt the North Korean Botnet

The United States Department of Justice (DoJ) announced Wednesday its effort to “map and further disrupt” a botnet tied to North Korea that has infected numerous Microsoft Windows computers across the globe over the last decade. Dubbed Joanap, the botnet is Read More …

Cobalt Group Targets Banks in Eastern Europe with Double-Threat Tactic

The campaign uses double infection points and two command-and-control servers. The infamous financial cybercrime gang known as Cobalt Group has been spotted actively pushing a fresh campaign that uses a peculiar tactic: Double infection points and two command-and-control (C2) servers. Read More …

How hackers managed to steal $13.5 million in Cosmos bank heist

Earlier this month, reports surfaced which suggested that Cosmos Bank, India’s oldest at 112 years old, had become the victim of a cyberattack which left the institution millions out of pocket. The attack reportedly took place in two stages been Read More …

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 …

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 …

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 …