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Lloyds Banking Group shared its approach for securing agentic AI workflows, with a mix of hands on experimentation and cross functional governance
Latin America and Europe become the target of two banking trojan campaigns that are designed to infect Windows and Android devices with Grandoreiro and BTMOB malware, respectively
France's Mistral Makes Digital Sovereignty Case for a European MythosThe European Central Bank added to mounting warnings sent to financial institutions that they must urgently act to protect their systems from artificial intelligence-enabled cyberattacks. British experts warned that gains in AI models' cyber capabilities appear to be accelerating.
A new variant of the TrickMo Android banking malware, delivered in campaigns targeting users across Europe, introduces new commands and uses The Open Network (TON) for stealthy command-and-control communications. [...]
Portable KYC Remains Elusive Despite Digital Identity Growth in UAE, Europe, AsiaThe United Arab Emirates recently launched a national digital Know Your Customer platform under the oversight of the UAE Central Bank, aiming to standardize customer onboarding, streamline compliance checks and strengthen anti-money laundering enforcement.
Solar Energy Spurt Comes Freighted With Chinese Nation-State Hacking WorriesThe European Commission froze funding for solar energy projects that use crucial components from Chinese companies such as Huawei, due to cybersecurity fears. The decision affects projects being funded by the European Investment Bank and other partner banks.
Security researchers warn of Mirax, an emerging Android banking trojan using MaaS, remote access and residential proxies to target European users
Names, addresses, dates of birth, and bank details accessed, though not passwords Basic-Fit, Europe's largest gym chain, has confirmed data including the bank details of around a million customers was stolen from its systems.…
A multi-pronged phishing campaign is targeting Spanish-speaking users in organizations across Latin America and Europe to deliver Windows banking trojans like Casbaneiro (aka Metamorfo) via another malware called Horabot
Top European Court Advisor Says Policy Should Be 'Refund Now, Sue Later'Banks must promptly refund phishing victims when the scams lead to unauthorized transactions, an advisor to the European Union’s top court has said. The case in question involves an unnamed Polish woman who got duped on an online auction platform.
A newly identified Android banking trojan named Massiv has been under active distribution across south Europe, disguised as an IPTV app. [...]
Watchdog links schedule change to replanning of UK payments system overhaul The European Central Bank's (ECB) decision to delay its move to a new messaging standard in 2022 ended up costing the Bank of England £23 million as it was forced to adjust migration to a new settlement system to avoid compounding risks.…
Because fewer people like banknotes, and payment sovereignty is a problem The Governing Council of the European Central Bank (ECB) has decided the bloc needs a digital version of the Euro, and ordered work that could see it enter circulation in 2029.…
A new Android banking and remote access trojan (RAT) dubbed Klopatra disguised as an IPTV and VPN app has infected more than 3,000 devices across Europe. [...]
Law enforcement authorities in Europe have arrested five suspects in connection with an "elaborate" online investment fraud scheme that stole more than €100 million ($118 million) from over 100 victims in France, Germany, Italy, and Spain
A growing number of malicious campaigns have leveraged a recently discovered Android banking trojan called Crocodilus to target users in Europe and South America
Because stealing your credentials, banking info, and IP just wasn’t enough A new variant of Snake Keylogger is making the rounds, primarily hitting Windows users across Asia and Europe. This strain also uses the BASIC-like scripting language AutoIt to deploy itself, adding an extra layer of obfuscation to help it slip past detection.…
A previously undocumented threat actor known as Silent Lynx has been linked to cyber attacks targeting various entities in Kyrgyzstan and Turkmenistan
Experts Share Advice on Assessing Vendors, Next Steps for Non-Compliant CompaniesThe European Union's most comprehensive digital and cyber risk regulations for the banking industry are set to come into force on Jan. 17, but only about 20% of EU financial services firms are ready to comply. Experts discuss implementation challenges and offer advice for non-compliant FIs.
Scammers set up call centers in luxury rentals to run bank help-desk fraud, as well as large-scale phishing campaigns, across at least 10 European countries, according to law enforcement.