Ransomware attacks growing rapidly, organizations are struggling
The percentage of ransomware attacks increased from 5.5%, to 10.5% of all recognized malware attacks from July to December 2016, according to Check Point. Check Point …
Banks around the world targeted in watering hole attacks
The January attacks against Polish financial institutions through the booby-trapped site of the Polish Financial Supervision Authority are just one piece of a larger puzzle, …
Banks around the world hit with fileless malware
Kaspersky Lab researchers have brought to light a series of attacks leveraged against 140+ banks and other businesses around the world. But what makes these attacks unusual is …
SWIFT systems of three Indian banks compromised to create fake trade documents
Since last year’s revelation that attackers have compromised SWIFT software of Bangladesh’s central bank and used it to perform fraudulent transfers worth tens of …
Cobalt hackers executed massive, synchronized ATM heists across Europe, Russia
A criminal group dubbed Cobalt is behind synchronized ATM heists that saw machines across Europe, CIS countries (including Russia), and Malaysia being raided simultaneously, …
German Android users bombarded with banking malware masquerading as legitimate apps
Fortinet researcher Kai Lu warns of a fake email app that is capable of stealing login credentials from 15 different mobile banking apps for German banks. “Once this …
Tesco Bank hack shows that attackers continue to follow easy money
What happens when nearly 9,000 accounts at a financial institution experience fraudulent activity and clients have nearly £2.5 million stolen? People notice. The bank notices …
TrickBot banking Trojan is the next big threat
After months of testing, a new banking Trojan called TrickBot is being aggressively slung at owners of personal and business bank accounts in UK and Australia. …
20,000 affected by Tesco Bank security breach
It’s been a rough weekend for 20,000 customers of British retail Tesco Bank: they’ve witnessed their bank accounts being plundered and have been phoning the bank …
14 arrested for laundering millions stolen with malware
The UK National Crime Agency (NCA) has arrested fourteen individuals suspected of laundering more than £11 million stolen through the use of malware. The money was stolen …
Merchants and financial institutions deal with escalating cyber attacks
Unsurprisingly, the Q3 2016 ThreatMetrix report shows a sharp increase in the number and complexity of cyber attacks. During what is traditionally a slow quarter, researchers …
Android Trojan targets customers of 94 banks in US, Europe
If you/ve recently installed a Flash Player Android app and now almost every app you open asks you for your payment card details, you’ve been infected with a banking …
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