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

What are the risks of allowing people to use their smartphone at the bank?

From time to time, our readers raise questions or issues related to topics that concern, or simply interest them. One such issue was brought up recently by a Twitter user, who asked us: “Do you have any posts discussing the risk to banks when people use their cell phone inside them, ignoring the security guards?” … More What are the risks of allowing people to use their smartphone at the bank?

Released Android malware source code used to run a banking botnet

The new Android banking malware ESET recently discovered on Google Play was spotted in the wild again, targeting more banks. Further investigation of this resurfacing threat has uncovered its code was built using source code that was made public a couple of months ago. The previous version was detected by ESET as Trojan.Android/Spy.Banker.HU (version 1.1 … More Released Android malware source code used to run a banking botnet