banking

Pierluigi Paganini May 03, 2016
Qatar National Bank Declares Systems ‘Fully Secure’ Sequel To Cyber-attack

Following the recent security breach suffered by the Qatar National Bank has assured that its systems are “fully secure”. Sequel to a recent cyber-attack that led to a large chunk of files purportedly stolen from the financial institution’s systems being dumped online, Qatar National Bank has assured that its systems are “fully secure”. The bank […]

Pierluigi Paganini April 28, 2016
Qatar National Bank 1.5 Gb archive leaked online

The Qatar National Bank (QNB) is investigating a possible data leak after that a 1.5 GB archive containing 15,000 files was shared online. Another incident involved the banking industry, this time the Qatar National Bank (QNB) is investigating a major data leak. Several sources online, including Cryptome, have published  a large number of files allegedly […]

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 […]