Understanding Consumer Sentiments About Financial Cybersecurity

Understanding Consumer Sentiments About Financial Cybersecurity

I’ve long maintained that security can and should be leveraged as a competitive advantage, regardless of industry. But I’d like to expound upon this mantra: it holds particularly true for the financial ...
What Do Banks and Cybersecurity Have in Common? Everything.

What Do Banks and Cybersecurity Have in Common? Everything.

New cyber-security threats require new solutions. New solutions require a project to implement them. The problems and solutions seem infinite while budgets remain bounded. Therefore, the challenge becomes how to identify the ...
Malspam Campaign Targeting Russian Speakers with Redaman Malware

Malspam Campaign Targeting Russian Speakers with Redaman Malware

An ongoing malicious spam campaign is currently targeting Russian-speaking users with samples of the Redaman banking malware. Since at least September 2018, the malspam campaign has been sending out malicious spam emails ...
Now or Never: Financial Services and the Cloud

Now or Never: Financial Services and the Cloud

I will get straight to the point: The time is right for the financial services (FS) industry to leverage the power of the cloud. It dovetails quite nicely with retail banking’s competitive ...

Banks Attacked through Malicious Hardware Connected to the Local Network

Kaspersky is reporting on a series of bank hacks -- called DarkVishnya -- perpetrated through malicious hardware being surreptitiously installed into the target network: In 2017-2018, Kaspersky Lab specialists were invited to ...
DanaBot Observed in Large Campaign Targeting U.S. Organizations

DanaBot Observed in Large Campaign Targeting U.S. Organizations

Researchers observed the distribution of the DanaBot banking trojan in a large attack campaign targeting U.S. organizations. On 26 September, Proofpoint detected a campaign consisting of hundreds of thousands of emails intended ...

Hackers steal $13.5 million from Indian bank in global attack

Hackers planted malware on an automated teller machine (ATM) server belonging to an Indian bank as part of a criminal scheme which saw the theft of nearly 944 million rupees (US $13.5 ...
IoT Hackers Trick Brazilian Bank Customers into Providing Sensitive Information

IoT Hackers Trick Brazilian Bank Customers into Providing Sensitive Information

Radware Threat Research Center has identified a hijacking campaign aimed at Brazilian Bank customers through their IoT devices, attempting to gain their bank credentials. The research center has been tracking malicious activity ...

On Financial Fraud

There are some good lessons in this article on financial fraud: That's how we got it so wrong. We were looking for incidental breaches of technical regulations, not systematic crime. And the ...
Kronos Malware Returns With New Attack Campaigns, Updates

Kronos Malware Returns With New Attack Campaigns, Updates

The Kronos banking trojan has returned with several new attack campaigns as well as a few updates. In April 2018, researchers at Proofpoint detected a new variant of the malware. It’s the ...
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