Banking Malware: Countering the threats with certified (browser) protection

These days, there isn’t much that can’t be done on mobile, and that includes banking. Banking apps are quickly becoming the go to method of managing finances, and as a result, mobile banking malware targeting Android phones has become a serious and somewhat underestimated threat. For malware creators motivated by financial gain, banking apps provide … More Banking Malware: Countering the threats with certified (browser) protection

The aftermath of a data breach: A personal story

Criminals used my account to launder credit card transactions into cash, at least where the company transacted with was willing to refund. Last week I received a notification from Bank of America advising that my credit card may have been part of a compromise at an undisclosed merchant. The email does mention that there may … More The aftermath of a data breach: A personal story

Malta’s leading bank resumes operations after cyberheist-induced shutdown

Bank of Valetta, which went dark for a day after the fraudulent transfers of €13 million, is now looking to get the money back. Things are getting back to normal for Bank of Valetta (BOV) and its customers following a cyberattack that caused Malta’s largest bank to take the unprecedented step of temporarily shutting down … More Malta’s leading bank resumes operations after cyberheist-induced shutdown

Navigating the murky waters of Android banking malware

An interview with ESET malware researcher Lukáš Štefanko about Android banking malware, the topic of his latest white paper. Banking malware continued to plague the Android platform throughout 2018, with cybercrooks relentlessly targeting users with banking Trojans and fake banking apps, but also experimenting with new money-stealing techniques. To help users navigate the tricky and expanding landscape of Android … More Navigating the murky waters of Android banking malware

Two Canadian banks warn attackers may have stolen customer data

Simplii Financial and Bank of Montreal are believed to have suffered a twin attack that was soon followed by blackmail threats. Two Canadian banks have announced that cybercriminals may have made off with the data of up to 90,000 of the banks’ customers in apparent security breaches, according to a CBC.ca report. Online bank Simplii Financial … More Two Canadian banks warn attackers may have stolen customer data

Mexico: Cybercriminals steal at least 400 million pesos through unauthorized transfers

While the exact amount of stolen money and source of the cybercriminals are not known, the authorities have confirmed that no clients were affected. Cybercriminals infiltrated the Mexican financial system for several days at the end of April and stole nearly 400 million Mexican pesos (almost $20 million) from concentration accounts but not from private clients. It … More Mexico: Cybercriminals steal at least 400 million pesos through unauthorized transfers

Millions bagged in two bank cyber-heists

Russia’s central bank disclosed on Friday that hackers had made off with the equivalent of $6 million from a Russian bank last year by co-opting the banking industry’s global payments messaging system known as SWIFT, Reuters has reported. The cyberattack at the unnamed bank took place at some point last year, according to the news wire, … More Millions bagged in two bank cyber-heists