Security News
A new malware called Xenomorph distributed through Google Play Store has infected more than 50,000 Android devices to steal banking information. Researchers at fraud and cybercrime prevention company ThreatFabric analyzing Xenomorph found code that is similar to Alien banking trojan.
Five major Canadian banks went offline for hours blocking access to online and mobile banking as well as e-transfers for customers. The banks hit by the outage include Royal Bank of Canada, BMO, Scotiabank, TD Bank Canada, and the Canadian Imperial Bank of Commerce.
Unknown attackers have mounted disruptive distributed denial-of-service attacks against several Ukrainian government organizations and state-owned banks on Tuesday. The DDoS attacks' impact on government sites and bank services.
The deputy governor of the Reserve Bank of India, T Rabi Sankar, has delivered an extremely unflattering assessment of cryptocurrencies - worse than Ponzi schemes, wreckers of economies, and richly deserving of a ban within India. Speaking at the Indian Banks' Association's 17th Annual Banking Technology Conference, Sankar argued that cryptocurrencies are poorly named, as unlike fiat currencies they "Do not have an issuer, they are not an instrument of debt, nor commodities, nor do they have any intrinsic value."
The websites of the Ukrainian military and at least two of the nation's biggest banks were knocked offline in a cyberattack today. On social media, it reported "Technical works on restoration of regular functioning" are underway after it was "Probably attacked by DDoS: an excessive number of requests per second was recorded." Other military sites are also apparently suffering outages.
A distributed denial-of-service cyber-attack today took down Ukrainian defense military websites - and at least two of the nation's biggest banks were knocked offline, too. Ukraine's Ministry of Defense website is still unavailable at time of publication.
The Ukrainian Ministry of Defense, whose site has been taken down following the attacks, said that its "Website was probably attacked by DDoS: an excessive number of requests per second was recorded." "Starting from the afternoon of February 15, 2022, there is a powerful DDOS attack on a number of information resources of Ukraine," Ukraine's State Service for Special Communication and Information Protection added.
The Ukrainian Ministry of Defense, whose site has been taken down following the attacks, said that its "Website was probably attacked by DDoS: an excessive number of requests per second was recorded. Technical works on restoration of regular functioning are carried out." While the Ukrainian defense ministry site has been knocked out, Oschadbank's website is still accessible although customers cannot log in to their online banking accounts.
The Reserve Bank of India has warned the nation's finance sector that outsourcing information technology jobs could "Expose them to significant financial, operational and reputational risks." A quick reminder: since the late 1990s, India has championed outsourcing IT services and profited mightily as a result.
Spain's National Police Agency, the Policía Nacional, said last week it dismantled an unnamed cybercriminal organization and arrested eight individuals in connection with a series of SIM swapping attacks that were carried out with the goal of financial fraud. The suspects of the crime ring masqueraded as trustworthy representatives of banks and other organizations and used traditional phishing and smishing techniques to obtain personal information and bank data of victims before draining money from their accounts.