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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.
Criminals used undocumented techniques and well-placed insiders to remotely withdraw money A ring of cybercriminals managed to physically implant a Raspberry Pi on a bank's network to steal cash from an Indonesian ATM.…
Runners Hired to Connect Device to Bank's Network, Facilitating Remote HacksResearchers tied a cybercrime group tracked as UNC2891 to an attempted Asia-Pacific bank heist, in which remote attackers physically installed a 4G-enabled Raspberry Pi onto an ATM network switch, giving them remote access to the internal IT environment as part of an attempted cashout attack.
The DoubleTrouble Android banking Trojan has evolved, using Discord for delivery and introducing several new features
The UNC2891 hacking group, also known as LightBasin, used a 4G-equipped Raspberry Pi hidden in a bank's network to bypass security defenses in a newly discovered attack. [...]
A covert ATM attack used a Raspberry Pi to breach bank systems, employing stealthy malware and anti-forensics techniques
Brazil-Targeting Malware Exploits Windows UIA to Evade DetectionA banking Trojan long confined to Brazil has become the first known malware to exploit Microsoft's UI Automation framework to extract credentials, signaling a new tactic that may evade conventional detection. Akamai's findings point to a growing trend of attackers using legitimate system features.
Banks Must Secure APIs, Vet Partners and Prepare for Open Finance Threats in 2025Open finance is revolutionizing banking, but it's also expanding the attack surface. Discover the critical API, data privacy and third-party risks facing financial institutions in 2025 - and how to build a secure future.