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Background for this topic.
Banking encompasses the digital systems and networks that manage financial transactions, customer accounts, credit issuance, and investment services. These systems handle sensitive data such as account numbers, transaction histories, and personal identification details, relying on interconnected payment gateways and APIs that require continuous availability and data integrity to function correctly.
Security concerns focus on preventing unauthorized access to online banking portals, protecting transaction processing from manipulation, and safeguarding sensitive data from insider threats. Effective defenses include multi-factor authentication, encryption of data both in transit and at rest, and real-time monitoring of transactions to detect anomalies. Maintaining strict access controls and promptly addressing software vulnerabilities are critical to preserving trust and operational stability in banking environments.
Don’t trust mystery digits popping up in your search bar Scammers are hijacking the search results of people needing 24/7 support from Apple, Bank of America, Facebook, HP, Microsoft, Netflix, and PayPal in an attempt to trick victims into handing over personal or financial info, according to Malwarebytes senior director of research Jérôme Segura.…
A new version of the Android malware "Godfather" creates isolated virtual environments on mobile devices to steal account data and transactions from legitimate banking apps. [...]
Banking giant UBS revealed it had suffered a data breach following a cyber-attack on procurement service provider Chain IQ
Bank and crypto outfits hit after Israeli commander mentioned attacks expanding to ‘other areas’ The government of Iran appears to have shut down the internet within its borders, perhaps in response to Israel-linked cyberattacks.…
The Android malware is targeting Turkish financial institutions, completely taking over legitimate banking and crypto apps by creating an isolated virtualized environment on a device.
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."
Upgraded GodFather banking malware now uses on-device virtualization to hijack apps, enabling real-time fraud
Deal Adds Live Fraud Red Teaming, Adversarial Testing to Neovera's Cyber PortfolioNeovera has acquired Greenway Solutions, a Charlotte-based fraud red-teaming vendor serving top banks, to expand its cyber capabilities. The Washington D.C.-area services provider plans to tailor services for community banks and credit unions using automation and selective testing.
Instagram ads impersonating financial institutions like Bank of Montreal (BMO) and EQ Bank (Equitable Bank) are being used to target Canadian consumers with phishing scams and investment fraud. Some ads use AI-powered deepfake videos in an attempt to collect your personal information, while others drive traffic to phishing pages. [...]
Instagram ads impersonating financial institutions like Bank of Montreal (BMO) and EQ Bank (Equitable Bank) are being used to target Canadian consumers with phishing scams and investment fraud. Some ads use AI-powered deepfake videos in an attempt to collect your personal information, while others drive traffic to phishing pages. [...]
Instagram ads impersonating financial institutions like Bank of Montreal (BMO) and EQ Bank (Equitable Bank) are being used to target Canadian consumers with phishing scams and investment fraud. Some ads use AI-powered deepfake videos in an attempt to collect your personal information, while others drive traffic to phishing pages. [...]
Disruption of Country's Biggest Bank Comes as Israel-Iran War IntensifiesA pro-Israel hacking group claims to have disrupted a major Iranian bank as hostilities between the two countries raged into their fifth day. Hacking group Gonjeshke said Tuesday morning it "conducted cyberattacks which destroyed the data of the Islamic Revolutionary Guard Corps' Bank Sepah."