Security News
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...
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.
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.
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...
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...
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 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.
Image: Adrian Grycuk/CC BY-SA 3.0 PL. Update November 10, 06:49 EST: The Industrial & Commercial Bank of China confirmed its services were disrupted by a ransomware attack that impacted its systems on Wednesday, November 8. "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," said the bank.
Image: Adrian Grycuk/CC BY-SA 3.0 PL. The Industrial & Commercial Bank of China is restoring systems and services following a ransomware attack that disrupted the U.S. Treasury market, causing equities clearing issues."ICBC is currently unable to connect to DTCC/NSCC. This issue is impacting all of ICBC's clearing customers," says an emergency notice issued to equity traders and shared by security research group vx-underground.
The U.S. Federal Trade Commission has amended the Safeguards Rules, mandating that all non-banking financial institutions report data breach incidents within 30 days. "The addition of this disclosure requirement to the Safeguards Rule should provide companies with additional incentive to safeguard consumers' data."