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Cybersecurity researchers have disclosed details of a new Android banking trojan called Sturnus that enables credential theft and full device takeover to conduct financial fraud
At least six organizations in South Korea have been targeted by the prolific North Korea-linked Lazarus Group as part of a campaign dubbed Operation SyncHole
Cybersecurity researchers have unearthed a new controller component associated with a known backdoor called BPFDoor as part of cyber attacks targeting telecommunications, finance, and retail sectors in South Korea, Hong Kong, Myanmar, Malaysia, and Egypt in 2024
Gcore’s latest DDoS Radar report analyzes attack data from Q3–Q4 2024, revealing a 56% YoY rise in the total number of DDoS attacks with the largest attack peaking at a record 2 Tbps. The financial services sector saw the most dramatic increase, with a 117% rise in attacks, while gaming remained the most-targeted industry. This period’s findings emphasize the need for robust, adaptive DDoS
A threat group of suspected Romanian origin called RUBYCARP has been observed maintaining a long-running botnet for carrying out crypto mining, distributed denial-of-service (DDoS), and phishing attacks
Financial organizations in the Asia-Pacific (APAC) and Middle East and North Africa (MENA) are being targeted by a new version of an "evolving threat" called JSOutProx
A new DNS threat actor dubbed Savvy Seahorse is leveraging sophisticated techniques to entice targets into fake investment platforms and steal funds
John Hanley of IBM Security shares 4 key findings from the highly acclaimed annual Cost of a Data Breach Report 2023 What is the IBM Cost of a Data Breach Report? The IBM Cost of a Data Breach Report is an annual report that provides organizations with quantifiable information about the financial impacts of breaches. With this data, they can make data driven decisions about how they implement
An Android malware campaign targeting Iranian banks has expanded its capabilities and incorporated additional evasion tactics to fly under the radar
Numerous industries—including technology, financial services, energy, healthcare, and government—are rushing to incorporate cloud-based and containerized web applications. The benefits are undeniable; however, this shift presents new security challenges. OPSWAT's 2023 Web Application Security report reveals: 75% of organizations have modernized their infrastructure this year
The Classiscam scam-as-a-service program has reaped the criminal actors $64.5 million in illicit earnings since its emergence in 2019
Exposed Kubernetes (K8s) clusters are being exploited by malicious actors to deploy cryptocurrency miners and other backdoors
A hacktivist group known as Mysterious Team Bangladesh has been linked to over 750 distributed denial-of-service (DDoS) attacks and 78 website defacements since June 2022
Cybersecurity researchers said they have discovered what they say is the first open-source software supply chain attacks specifically targeting the banking sector
An unknown cybercrime threat actor has been observed targeting Spanish- and Portuguese-speaking victims to compromise online banking accounts in Mexico, Peru, and Portugal
Malicious loader programs capable of trojanizing Android applications are being traded on the criminal underground for up to $20,000 as a way to evade Google Play Store defenses
An emerging Android banking trojan dubbed Nexus has already been adopted by several threat actors to target 450 financial applications and conduct fraud
In 2022 alone, global cyberattacks increased by 38%, resulting in substantial business loss, including financial and reputational damage. Meanwhile, corporate security budgets have risen significantly because of the growing sophistication of attacks and the number of cybersecurity solutions introduced into the market. With this rise in threats, budgets, and solutions, how prepared are industries
The stakes could not be higher for cyber defenders. With the vast amounts of sensitive information, intellectual property, and financial data at risk, the consequences of a data breach can be devastating. According to a report released by Ponemon institute, the cost of data breaches has reached an all-time high, averaging $4.35 million in 2022
Financial institutions are being targeted by a new version of Android malware called SpyNote at least since October 2022