Security News

How to Offer Secure IVR Banking and Authenticate Callers
2024-08-08 19:58

While busy customers and companies love a good IVR system, hackers love a bad one. Some of the most common methods include tricking the IVR into thinking the hacker is a legitimate customer, launching phishing attacks with automated phone calls or social engineering tactics, using voice biometrics spoofing, and finding vulnerabilities in IVR software to break into the system.

Chameleon Android Banking Trojan Targets Users Through Fake CRM App
2024-08-07 06:25

Cybersecurity researchers have lifted the lid on a new technique adopted by threat actors behind the Chameleon Android banking trojan targeting users in Canada by masquerading as a Customer Relationship Management app. The campaign, spotted in July 2024, targeted customers in Canada and Europe, indicating an expansion of its victimology footprint from Australia, Italy, Poland, and the U.K. The use of CRM-related themes for the malicious dropper apps containing the malware points to the targets being customers in the hospitality sector and Business-to-Consumer employees.

New Android Banking Trojan BingoMod Steals Money, Wipes Devices
2024-08-01 12:52

Cybersecurity researchers have uncovered a new Android remote access trojan called BingoMod that not only performs fraudulent money transfers from the compromised devices but also wipes them in an attempt to erase traces of the malware. "BingoMod belongs to the modern RAT generation of mobile malware, as its remote access capabilities allow threat actors to conduct Account Takeover directly from the infected device, thus exploiting the on-device fraud technique," researchers Alessandro Strino and Simone Mattia said.

Experts Warn of Mekotio Banking Trojan Targeting Latin American Countries
2024-07-08 09:53

Financial institutions in Latin America are being threatened by a banking trojan called Mekotio. Mekotio, known to be actively put to use since 2015, is known to target Latin American countries like Brazil, Chile, Mexico, Spain, Peru, and Portugal with an aim to steal banking credentials.

Patelco shuts down banking systems following ransomware attack
2024-07-02 17:47

Patelco Credit Union has disclosed it experienced a ransomware attack that led to the proactive shutdown of several of its customer-facing banking systems to contain the incident's impact.Patelco is an American credit union with assets exceeding $9 billion.

New Medusa Android Trojan Targets Banking Users Across 7 Countries
2024-06-26 07:38

Cybersecurity researchers have discovered an updated version of an Android banking trojan called Medusa that has been used to target users in Canada, France, Italy, Spain, Turkey, the U.K., and...

Grandoreiro Banking Trojan Hits Brazil as Smishing Scams Surge in Pakistan
2024-06-15 09:51

Pakistan has become the latest target of a threat actor called the Smishing Triad, marking the first expansion of its footprint beyond the E.U., Saudi Arabia, the U.A.E., and the U.S. "The group's...

Grandoreiro Banking Trojan Resurfaces, Targeting Over 1,500 Banks Worldwide
2024-05-19 07:59

The threat actors behind the Windows-based Grandoreiro banking trojan have returned in a global campaign since March 2024 following a law enforcement takedown in January. The large-scale phishing...

Banking malware Grandoreiro returns after police disruption
2024-05-18 14:12

The banking trojan "Grandoreiro" is spreading in a large-scale phishing campaign in over 60 countries, targeting customer accounts of roughly 1,500 banks. In January 2024, an international law enforcement operation involving Brazil, Spain, Interpol, ESET, and Caixa Bank announced the disruption of the malware operation, which had been targeting Spanish-speaking countries since 2017 and caused $120 million in losses.

ZLoader Malware Evolves with Anti-Analysis Trick from Zeus Banking Trojan
2024-05-01 10:27

The authors behind the resurfaced ZLoader malware have added a feature that was originally present in the Zeus banking trojan that it's based on, indicating that it's being actively developed....