Security News

Mobile Adware Booms, Online Banks Become Prime Target for Attacks
2021-03-01 22:54

In its' Mobile Malware Evolution 2020, Kaspersky documents the current mobile threat landscape and identifies 2021 mobile security trends. "We saw a decrease in the number of attacks in the first half of the year, which can be attributed to the confusion of the first months of the pandemic," wrote Victor Chebyshev, a mobile security researcher at Kaspersky and author of the report.

Ransomware gang hacks Ecuador's largest private bank, Ministry of Finance
2021-02-26 19:25

A hacking group called 'Hotarus Corp' has hacked Ecuador's Ministry of Finance and the country's largest bank, Banco Pichincha, where they claim to have stolen internal data. The ransomware gang first targeted Ecuador's Ministry of Finance, the Ministerio de Economía y Finanzas de Ecuador, where they deployed a PHP-based ransomware strain to encrypt a site hosting an online course.

TD Bank suffered systemwide banking outage, services now recovered
2021-02-25 15:23

TD Bank has recovered from a major IT systems outage today that prevented account holders from accessing their online bank accounts, use ATM, or check balances over the phone. The outage started at approximately 2 AM EST this morning and prevented TD Bank members from logging into their online accounts.

TD Bank suffers systemwide outage, services still recovering
2021-02-25 15:23

TD Bank has recovered from a major IT systems outage today that prevented account holders from accessing their online bank accounts, use ATM, or check balances over the phone. The outage started at approximately 2 AM EST this morning and prevented TD Bank members from logging into their online accounts.

PerimeterX Banks $57 Million for Bot Protection Expansion
2021-02-24 23:06

Looking to take advantage of a growing global market for its bot protection technologies, PerimeterX has banked a new $57 million round of venture capital funding. PerimeterX said AllianceBernstein led the new capital raise, and was joined by new investors Stereo Capital, JS Capital and Golden Arc Capital.

Business email compromise is a top concern for banks
2021-02-19 04:00

Banks worry about business email compromise Spending more/significantly more on security is a 3-year trend. 86% of respondents from banks perceive business email compromise / authorized fraud to be the greatest risk to their business over the next 1-2 years.

Uncle Sam accuses three suspected North Korean govt hackers of stealing $1.3bn+ from banks, crypto orgs
2021-02-17 22:22

Three suspected North Korean military intelligence hackers have been charged with, among other things, conspiring to loot more than $1.3bn from banks, ATMs, and cryptocurrency companies, according to an indictment unsealed by the US Department of Justice on Wednesday. Court documents, filed in the District Court in Los Angeles in December last year and now made public [PDF], claim Park Jin Hyok, 36, Jon Chang Hyok, 31, and Kim Il, 27, were hackers employed by the Reconnaissance General Bureau, a North Korean intelligence agency.

U.S. Charges North Korean Hackers Over $1.3 Billion Bank Heists
2021-02-17 17:48

The U.S. Justice Department on Wednesday announced the indictment of three North Korean military intelligence officials linked to high-profile cyber-attacks that included the theft of $1.3 billion in money and crypto-currency from organizations around the world. The DOJ described the scope of the North Korean hacking operation as "Extensive and long-running".

New Zealand Central Bank Says Accellion Service at Heart of Cyberattack
2021-01-13 18:23

The Reserve Bank of New Zealand - Te Pūtea Matua - says Accellion's FTA file sharing service was involved in a security incident disclosed on Sunday. The malicious incident, the bank said, involved a service that stored commercially and personally sensitive information, but could not provide specific details on the type of data that might have been accessed.

New Zealand Reserve Bank breached using bug patched on Xmas Eve
2021-01-12 12:28

A recent data breach at the Reserve Bank of New Zealand, known as Te Pūtea Matua, was caused by attackers exploiting a critical vulnerability patched the same day. In a new advisory released yesterday, the Bank states that the attackers breached their Accellion FTA file sharing service.