banking Archives - Page 12 of 20

Pierluigi Paganini March 18, 2016

Buhtrap group stole tens of millions of dollars from Russian banks

From August 2015 to February 2016 Buhtrap group managed to conduct 13 successful attacks against Russian banks for a total amount of $25.7 mln. Since August of 2015, the Buhtrap group has conducted 13 successful attacks against financial institutions stealing more than ₽1.86 billion RUB ($27.4M USD). In April 2015, ESET discovered a malware campaign dubbed Operation Buhtrap, […]

Pierluigi Paganini March 05, 2016

SIM swap fraud cases force bank to improve security

Two major high street banks will change security procedures after journalists demonstrated how to carry out SIM swap fraud attacks. The BBC reported that two major high street banks will adopt new security measures to protect their customers. The decision to modify the security procedures follows the scoop made by two journalists from BBC Radio […]

Pierluigi Paganini February 23, 2016

Ratopak Trojan – Russian banks under attack

Financially-motivated actors have targeted employees of at least six Russian banks into installing the Ratopak Trojan, experts have found evidence of an extended hacking campaign. According to the Symantec security firm, a cyber criminal gang financially -motivated has targeted employees of Russian banks. The threat actors have been using a Trojan called Ratopak to gain control over the […]

Pierluigi Paganini February 12, 2016

Interview with Troels Oerting on cybersecurity in modern organizations

An interview with Troels Oerting on the cyber security in modern organizations and the importance of the role of the Chief Information Security Officer. The role of the chief information security officer (CISO) has profoundly changed over the years, from IT security management to high-level risk management. Today a CISO is a crucial figure in […]

Pierluigi Paganini January 29, 2016

HSBC online banking services offline due to a DDoS attack

The British branch of the HSBC bank has suffered for the second time in a month a cyber attack that brought its services offline. It’s happened again, HSBC customers were not able to access the online services of the bank due to a DDoS attack that hit the financial institution. “HSBC UK internet banking was attacked this morning. […]

Pierluigi Paganini January 21, 2016

A new Drydex campaign targeted British businesses

Security experts at IBM X-Force team discovered a new hacking campaign based on the infamous Dridex trojan. Security experts at IBM X-Force team discovered a new wave of attacks based on the Dridex malware targeting British businesses. The malware has targeted rich UK bank accounts in a new campaign that is operated by threat actors well-resourced, a criminal […]

Pierluigi Paganini January 08, 2016

Rovnix malware is threatening Japanese bank customers

The Rovnix Banking Trojan is an aggressive malware that has been used in a new campaign targeting the customers of more than a dozen Japanese banks. Malware experts at IBM’s X-Force have spotted a new strain of the Rovnix malware targeting the Japanese bank customers. The new threat comes from Russia and it is very […]

Pierluigi Paganini December 27, 2015

European credit card payment terminals are plagued with serious flaws

Two German security experts have exposed a number of serious flaws in credit card payment systems that put users at risk. The duo of German security experts, Karsten Nohl and Fabian Braunlein, found a new vulnerability in payment terminals that could be exploited by hackers to steal money. Differently from past attacks, this time, the hackers […]

Pierluigi Paganini December 21, 2015

iOS Mobile Banking Apps, what is changed from 2013 tests?

The security expert Ariel Sanchez presented the results of the test conducted on 40 iOS banking apps, comparing them to the ones obtained 2 years ago. The banking industry is looking with an increasing interest in mobile platform, financial institutes are offering a growing number of services accessible through mobile devices, but what about security? The security […]

Pierluigi Paganini August 19, 2015

Chip-and-PIN technology has been compromised

A new report published by the popular investigator Brian Krebs show how cyber criminals have compromised chip-and-PIN technology. Recently chip-and-PIN technology started to be adopted in the US because it would improve the security for the customers, merchants and financial institutions. This is true, but the problem is that when the market pushes in one […]

banking

Buhtrap group stole tens of millions of dollars from Russian banks

SIM swap fraud cases force bank to improve security

Ratopak Trojan – Russian banks under attack

Interview with Troels Oerting on cybersecurity in modern organizations

HSBC online banking services offline due to a DDoS attack

A new Drydex campaign targeted British businesses

Rovnix malware is threatening Japanese bank customers

European credit card payment terminals are plagued with serious flaws

iOS Mobile Banking Apps, what is changed from 2013 tests?

Chip-and-PIN technology has been compromised

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