Latest coverage for Banking

InfoSys McCamish Systems Earlier Alerted 57,000 Bank of America Clients of BreachInfosys McCamish Systems, an insurance software product and services vendor, is notifying nearly 6.1 million people of a 2023 ransomware incident that potentially comprised their sensitive data, including Social Security numbers, medical treatment, and financial and biometric information.

The ransomware group claimed it had breached the Federal Reserve, but the target now appears to have been an Arkansas-based bank, Evolve.

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.

Recently-disrupted LockBit ransomware group, in what appears to be a desperate attempt to make a comeback, claimed this week that it had hit US Federal Reserve, the central bank of the United States. Except, the rumor has been quashed. [...]

Actual Victim: Evolve Bank, Now Dealing With Open Banking Enforcement Action by FedMore reasons to beware breathless reporting about a ransomware group's latest supposed victim: LockBit's claim to have breached the U.S. Federal Reserve Bank. Instead, the actual victim is Evolve Bancorp, which is currently dealing with an enforcement action by - wait for it - the Fed.

A novel malware strain, Snowblind, bypasses security measures in banking apps on Android, leading to financial losses and fraud, according to Promon

Cybersecurity researchers have discovered an updated version of an Android banking trojan called Medusa that has been used to target users in Canada, France, Italy, Spain, Turkey, the U.K., and the U.S

More Victims of Campaign Against Data Warehousing Platform Snowflake Come to LightAdd luxury department store chain Neiman Marcus and the Los Angeles Unified School District to the list of known victims of a cybercrime that accessed accounts at cloud-based data warehousing platform Snowflake. Other victims include Santander Bank and Live Nation Entertainment's Ticketmaster.

The Medusa banking trojan for Android has re-emerged after almost a year of keeping a lower profile in campaigns targeting France, Italy, the United States, Canada, Spain, the United Kingdom, and Turkey. [...]