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New Campaign Targets Over 1,500 Banks WorldwideDespite a law enforcement takedown in January, researchers identified new phishing campaigns spreading the Grandoreiro banking Trojan, indicating its return as a malware-as-a-service tool with better encryption and a better domain name generator, according to IBM X-Force researchers.

No time like the present, says central bank The Monetary Authority of Singapore (MAS) advised on Monday that financial institutions need to stay agile enough to adopt post-quantum cryptography (PQC) and quantum key distribution (QKD) technology, without significantly impacting systems as part of cyber security measures.…

Bank Info Security 2 years, 6 months ago

LoanDepot Hit by Ransomware Attack; Multiple Systems Offline

Large Mortgage Lender's Customers Say the Online Payment Portable Is InaccessibleNon-bank mortgage lending giant LoanDepot is warning customers and investors that hackers have infiltrated its network, gained unauthorized access to information and encrypted data, leading to it taking numerous systems offline while it probes the attack.

A senior research scientist at Google has devised new CPU attacks to exploit a vulnerability dubbed Downfall that affects multiple Intel microprocessor families and allows stealing passwords, encryption keys, and private data like emails, messages, or banking info from users that share the same computer. [...]