Security News

New Coyote Trojan Targets 61 Brazilian Banks with Nim-Powered Attack
2024-02-09 10:28

Sixty-one banking institutions, all of them originating from Brazil, are the target of a new banking trojan called Coyote. "This malware utilizes the Squirrel installer for distribution,...

Tesla hacks make big bank at Pwn2Own's first automotive-focused event
2024-01-29 01:29

Five $60,000 bounties - the second-highest monetary awards behind Synacktiv's $100k Tesla hacks - were awarded for attacks on EV chargers manufactured by Emporia, ChargePoint, Ubiquiti, Phoenix and JuiceBox. Three attacks against Automotive Grade Linux were also attempted, with only one succeeding.

JPMorgan exec claims bank repels 45 billion cyberattack attempts per day
2024-01-18 19:04

The largest bank in the United States repels 45 billion - yes, with a B - cyberattack attempts per day, one of its leaders claimed at the World Economic Forum in Davos.Mary Callahan Erdoes, JPMorgan Chase's CEO in charge of asset and wealth management, revealed the figure during a discussion of the future of banking at Davos yesterday, adding that the number is twice what the institution faced a year prior.

New JavaScript Malware Targeted 50,000+ Users at Dozens of Banks Worldwide
2023-12-21 12:38

A new piece of JavaScript malware has been observed attempting to steal users' online banking account credentials as part of a campaign that has targeted more than 40 financial institutions across...

Ten new Android banking trojans targeted 985 bank apps in 2023
2023-12-14 19:40

This year has seen the emergence of ten new Android banking malware families, which collectively target 985 bank and fintech/trading apps from financial institutes across 61 countries. Banking trojans are malware that targets people's online bank accounts and money by stealing credentials and session cookies, bypassing 2FA protections, and sometimes even performing transactions automatically.

Cloud engineer wreaks havoc on bank network after getting fired
2023-12-12 19:43

An ex-First Republic Bank cloud engineer was sentenced to two years in prison for causing more than $220,000 in damage to his former employer's computer network after allegedly using his company-issued laptop to watch pornography. Miklos Daniel Brody, 38, of San Francisco, pleaded guilty in April to two charges of violating the Computer Fraud and Abuse Act after obtaining information from and intentionally damaging a protected computer, and one charge of making false statements to a government agency.

200+ Malicious Android Apps Targeting Iranian Banks: Experts Warn
2023-11-29 10:13

An Android malware campaign targeting Iranian banks has expanded its capabilities and incorporated additional evasion tactics to fly under the radar. That's according to a new report from...

Malicious Apps Disguised as Banks and Government Agencies Targeting Indian Android Users
2023-11-21 07:46

Android smartphone users in India are the target of a new malware campaign that employs social engineering lures to install fraudulent apps that are capable of harvesting sensitive data. “Using...

Chinese multinational bank hit by ransomware
2023-11-10 11:37

The state-owned Industrial and Commercial Bank of China, which is one of the largest banks in the world, has been hit by a ransomware attack that led to disrupted trades in the US Treasury market. "On November 8, 2023, U.S. Eastern Time, ICBC Financial Services experienced a ransomware attack that resulted in disruption to certain FS systems. Immediately upon discovering the incident, ICBC FS disconnected and isolated impacted systems to contain the incident," the bank said in their security incident notice.

China's top bank ICBC hit by ransomware, derailing global trades
2023-11-10 08:00

China's largest bank, ICBC, was hit by ransomware that resulted in disruption of financial services systems on Thursday Beijing time, according to a notice on its website. "Immediately upon discovering the incident, ICBC FS disconnected and isolated impacted systems to contain the incident," said the bank's financial services division, which added that it was both investigating and progressing recovery efforts.