Security News

The malware's emergence dovetails with a change in the chain of infection and an expansion of infrastructure for the APT. According to researchers at Cybereason, PyVil RAT enables the attackers to exfiltrate data, perform keylogging and take screenshots, and can roll out secondary credential-harvesting tools such as LaZagne. The latest series of campaigns observed by Cybereason that use PyVil RAT are widespread yet targeted, taking aim at FinTech companies across the U.K. and E.U. The attack vector is spear-phishing emails, which use the Know Your Customer regulations as a lure.

For the past two years, a threat group tracked as Evilnum has been observed targeting financial technology companies, mainly ones located in the European Union and the U.K., ESET reports. Golden Chickens components used in Evilnum attacks are from the TerraLoader family.

UK-based financial technology company Finastra is investigating a cybersecurity incident that may involve a piece of ransomware infecting some of its systems. Finastra has not shared any details about the attack.

Finastra, a company that provides a range of technology solutions to banks worldwide, said today it was shutting down key systems in response to a security breach discovered this morning. Update, 5:21 p.m. ET: Finastra has acknowledged that it is battling ransomware.

Very Good Security, a leader in modern data security and custodianship, announced that it has received a strategic investment from Visa to expand access to VGS' infrastructure-as-a-service for financial technology companies and large enterprises. Visa joins other notable investors, including Goldman Sachs, Andreessen Horowitz, Vertex Ventures US, and Max Levchin, in advancing VGS' mission to provide a better approach to data security, privacy and compliance.

Mastercard introduced the Mastercard Innovation Engine, an API based digital platform that enables issuers and merchants a simplified path to rapidly deploying digital capabilities and experiences...

A Pennsylvania credit union is suing financial industry technology giant Fiserv, alleging that "baffling" security vulnerabilities in the company's software are "wreaking havoc" on its customers....

As new technologies and regulations bring new opportunities and challenges to the financial services industry, nearly two-thirds of established companies are leveraging fintech capabilities for...

A long-quiet malware family has been spotted targeting financial technology firms, armed with new obfuscation techniques to avoid detection.

Fintech security firm nsKnox on Tuesday announced that it raised $15 million in a Series A funding round. The round was led by Microsoft’s M12 venture fund and Viola Ventures, with participation...