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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.
Complaint Says Service Generated More Than 1.5 Million Malicious URLsGoogle has sued a Chinese phishing-as-a-service provider accused of teaching customers to use Gemini to generate and customize scam websites, a campaign linked to more than 1.59 million phishing URLs, over 100,000 victims, and widespread credential and financial theft.
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.
User Panels and Command and Control Domains SeizedLaw enforcement and Microsoft struck a blow against malware used to steal login credentials and financial data, seizing the central command structure and thousands of online domains used to control the Lumma Stealer. Lumma first appeared on Russian-language speaking cybercriminal forums in 2022.
FIs Must Invest in AI-Fueled Behavioral Biometrics to Go Beyond Static CredentialsScammers are increasingly turning to account takeover fraud, as financial institutions ramp up their defenses. Instead of luring victims into making authorized transactions, cybercriminals are bypassing them altogether, hijacking their digital identities and draining accounts from within.
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.
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.
CoralRaider Looks for Social Media Accounts That Contain Payment InformationVietnamese financially motivated hackers are targeting businesses across Asia in a campaign to harvest corporate credentials and financial data for resale in online criminal markets. Researchers at Cisco Talos identified a cluster of hacking activity its tracks as CoralRaider.
American Hospital Association Warns of Social Engineering SchemesThe American Hospital Association is warning of increasingly sophisticated social engineering scams targeting hospital IT help desks with schemes involving the stolen credentials of revenue cycle and other finance employees to commit payment fraud against the institutions.