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

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

South Korea moves to ban anonymous cryptocurrency trading

South Korea is banning the use of anonymous bank accounts for buying and selling virtual currencies, a move that is aimed at clamping down on crimes co-opting the currencies as well as at reining in the speculative frenzy that has gripped the country. The measure, which was in fact several weeks in coming, was announced by … More South Korea moves to ban anonymous cryptocurrency trading

New campaigns spread banking malware through Google Play

This year we have seen many different malware campaigns trying to compromise users with malicious apps distributed via Google Play. Even though these apps are often removed within days after having been reported to Google, they still manage to infect thousands of users. All apps submitted to Google Play are automatically analyzed in an effort … More New campaigns spread banking malware through Google Play