Security News

UK government's bank data sharing plan slammed as 'financial snoopers' charter'
2024-09-26 08:31

Access to account info needed to tackle benefit fraud, latest bill claims Privacy campaigners are criticizing UK proposals to force banks to share data from the accounts of government benefit...

Transport for London confirms 5,000 users' bank data exposed, pulls large chunks of IT infra offline
2024-09-12 14:54

NCA confirms arrest of 17-year-old 'on suspicion of Computer Misuse Act offences' – now bailed Breaking Transport for London's ongoing cyber incident has taken a dark turn as the organization...

Hunters International cyber-gang extorts Chinese mega-bank's London HQ
2024-09-11 18:00

Allegedly swiped more than 5.2M files and threatens to publish the lot Ransomware gang Hunters International reportedly claims to have stolen more than 5.2 million files belonging to the London...

Tenable: 26,500 Cyber Vulnerabilities Risk SE Asia’s Banks
2024-09-06 19:28

The internet-facing assets were found to be susceptible to potential exploitation in a sample of 90 banking and financial services organisations.

New Android malware wipes your device after draining bank accounts
2024-07-31 16:23

A new Android malware that researchers call 'BingoMod' can wipe devices after successfully stealing money from the victims' bank accounts using the on-device fraud technique. [...]

Malware crew Stargazers Goblin used 3,000 GitHub accounts to make bank
2024-07-26 01:34

Infosec researchers have discovered a network of over three thousand malicious GitHub accounts used to spread malware, targeting groups including gamers, malware researchers, and even other threat actors who themselves seek to spread malware. The first account serves the "Phishing" repository template; The second account provides the "Image" used for the phishing template; The third account serves malware as a password-protected archive in a Release.

Singapore Banks to Phase Out OTPs for Online Logins Within 3 Months
2024-07-15 07:19

Retail banking institutions in Singapore have three months to phase out the use of one-time passwords for authentication purposes when signing into online accounts to mitigate the risk of phishing attacks. The decision was announced by the Monetary Authority of Singapore and The Association of Banks in Singapore on July 9, 2024.

Banks in Singapore to phase out one-time passwords in 3 months
2024-07-14 14:18

The Monetary Authority of Singapore (MAS) has announced a new requirement impacting all major retail banks in the country to phase out the use of one-time passwords (OTPs) within the next three...

Singapore's banks to ditch texted one-time passwords
2024-07-12 03:30

After around two decades of allowing one-time passwords delivered by text message to assist log ins to bank accounts in Singapore, the city-state will abandon the authentication technique. The Monetary Authority of Singapore and The Association of Banks in Singapore announced on Tuesday that "Major retail banks in Singapore will progressively phase out the use of One-Time Passwords for bank account login by customers who are digital token users within the next three months."

Evolve Bank says data breach impacts 7.6 million Americans
2024-07-09 14:01

Evolve Bank & Trust (Evolve) is sending notices of a data breach to 7.6 million Americans whose data was stolen during a recent LockBit ransomware attack. [...]