Latest cybersecurity reporting from selected sources.

Malware Targets Banks, Crypto Platforms and Social MediaNewly surfaced Android-based banking Trojan gives threat actors near-total control over infected devices, letting them steal user credentials for direct access to financial accounts, says researchers. Rokarolla tricks users into side-loading malicious versions of popular, high traffic apps.

Also: Indictments in Theft Case, KelpDAO Restarts OperationsThis week, banking Trojan TCLBanker targeted crypto platforms, three people indicted in a violent digital assets-related robbery, Kelp DAO restarted services after the $292 million hack and the U.S. Department of the Treasury tightened oversight of Binance.

Cybercrime Group ShinyHunters Advertises 160 Million Stolen RecordsVietnam's central bank is probing a hack attack that breached its credit reporting division, exposing personally identifiable information. The cybercrime group ShinyHunters claimed credit for the breach, advertising on a cybercrime forum 160 million stolen records for $175,000.

HSBC and Another Firm Hit After Service Provider Breached; Some Funds RecoveredAttackers on Friday used valid credentials for financial technology provider Sinqia to steal $130 million from two financial services firms in Brazil, using the country's real-time payment system Pix. The Brazilian Central Bank moved quickly to freeze the funds and has recovered some of the money.

Hacker Claims to Have Exploited Flaw in Oracle WebLogic Server, Sold Stolen DataSeychelles Commercial Bank is warning customers that a hacker stole their personal information - but no money - from their accounts after breaching its systems. The hacker involved claims to have stolen and sold two gigabytes of customer data from the bank, which paid no ransom.

New Variant Uses Virtualization to Weaponize Legit Apps, Stealing Data in Real TimeA banking Trojan known for mimicking mobile app login pages has gone to the next level by copying and pasting real mobile banking apps into a virtual environment it creates on infected smartphones, warn researchers. New Godfather malware "marks a significant leap in mobile threat capabilities."

Hackers Bypass MFA to Steal Australians' Banking CredentialsMelbourne-based ANZ Bank will introduce passwordless authentication for digital banking services amid news that hackers have stolen the banking credentials of tens of thousands of Australians. Cybercriminals used infostealer malware to steal the credentials of more than 30,000 Australians.

Also, Nike Sued Over Shutdown of NFT SubsidiaryThis week, KiloEX compensation after Oracle exploit, Nike sued over NFT shutdown, SEC dropped probe into PayPal PYUSD, Long Island man sentenced for crypto fraud, Americans lost billions to crypto scams, Loopscale exploiter agreed to return stolen funds and bank regulators softened stance on crypto.

Attack Combines Social Engineering and Card Emulation to Execute Real-Time TheftHackers are using Chinese-speaking Android malware-as-a-service SuperCard X to carry out near-field communication relay attacks, siphoning payment card data and executing live point of sale and ATM transactions. Victims receive spoofed SMS or WhatsApp alerts purporting to originate from their bank.

What Do You Mean, Hospital-Targeting Sociopath Ransomware Wielders Continue to Lie?A ransomware group reusing the Babuk ransomware brand claims to have stolen data from the likes of Amazon, Delta and US Bank. Just one problem: Security experts found a startling overlap between its claimed victims and previous attacks scored by the likes of Clop, LockBit and RansomHub.

Reuben Stewart of PNC Discusses Ways to Move Away from Using Static DataDigital identity proofing is a major challenge for banks and financial services firms. Many organizations rely on static data, such as Social Security numbers, which fraudsters can easily steal and misuse, said Reuben Stewart, digital identity lead at PNC Bank.

New Variants Steal PINs, Affect 13,000+ Users and Exploit Accessibility FeaturesA new variant of an Android banking Trojan called TrickMo is tricking victims into providing their phone unlock code, enabling hackers to sustain operations, warn cybersecurity researchers. The malware displays presents a deceptive HTML user interface that mimics the device's actual unlock screen.

Scammers Use Social Engineering and Phishing to Fool Workers and IT Help Desk StaffFederal authorities warn of social engineering and phishing scams - sometimes targeting IT help desk workers - that allow attackers to steal login credentials and access healthcare sector entities' IT systems so they can divert automated clearinghouse payments to bank accounts the attackers control.

Hackers Used Dozens of Servers to Distribute Malicious Android AppsLaw enforcement authorities in Singapore, Malaysia, Hong Kong and Taiwan took down a cybercrime ring that used dozens of servers and hundreds of phishing pages across multiple jurisdictions to run a malware-enabled scam operation and steal tens of millions from victims' bank accounts.

K ICO Announces Probe Into Microsoft Screenshot Storage FeatureMicrosoft's new automatic screenshot retrieval feature could enable hackers to steal sensitive information such as online banking credentials, security experts warned. Additionally, the U.K. data regulator will probe Recall for compliance with privacy law.

Fraud Expert Ian Mitchell on Creating a Holistic Program to Tackle Authorized FraudUnlike identity theft, first-party fraud is harder to spot when a consumer opens an account. To guard against this growing blind spot, banks need to invest in transaction-monitoring tools and take a more holistic approach to fraud, said Ian Mitchell, co-founder of Mission Omega.

GoldPickaxe Malware Can Record User’s Face - Use Video to Commit Deepfake ScamsA Chinese-speaking cybercrime group with the codename GoldFactory has built a new Android and iOS banking Trojan, GoldPickaxe, that can harvest and steal personal details, including biometric face profiles, that attackers use to create AI-driven deepfakes to fool bank defenses, researchers warn.

Both iOS and Android Variants Can Record Face Videos, Used to Create AI DeepfakesA Chinese-speaking cybercrime group codenamed GoldFactory has built a new Android and iOS banking Trojan, GoldPickaxe, that can to harvest and steal personal details, including biometric face profiles, which attackers use to create AI-driven deepfakes to fool bank defenses, researchers warn.

Also: Cloudflare Was Hacked With Stolen Okta TokenThis week, former CIA programmer gets 40-year sentence, zero trust prevents widespread damage, possible ransomware attack in Georgia, alleged hacker detained in Ukraine, USB-spread malware in Italy, LockBit attack on non-bank home mortgage lender, and Ukrainian critical infrastructure disrupted.

Customers 'Sensitive Personal Information' Stolen, Large Mortgage Lender ReportsNon-bank mortgage lending giant LoanDepot says hackers stole "sensitive personal information" pertaining to 16.6 million customers when they breached its systems earlier this month as part of a ransomware attack. The company said it will directly notify all affected customers.