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Also: Binance Eyes More Asia Licenses, India Pushes Fresh Crypto CurbsThis week, the U.S. Securities and Exchange Commission eyes July for a crypto rule proposal, Binance anticipates more Asian business, Malaysia seized 75,000 crypto mining rigs, India's central bank shooed away banks from crypto, and Interpol helped sweep crypto launderers.
Rokarolla Android malware targets 217 banking and crypto apps, steals credentials, blocks bank calls, intercepts SMS, and disables Play Protect. Zimperium’s zLabs researchers have published a detailed analysis of Rokarolla, a new Android banking trojan named after its command-and-control infrastructure. It spreads through malicious websites masquerading as TikTok and Chrome, one confirmed distribution point being […]
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.
The FBI claims couriers are being used to circumvent bank transfers in crypto investment schemes
Threat hunters have flagged a previously undocumented Brazilian banking trojan dubbed TCLBANKER that's capable of targeting 59 banking, fintech, and cryptocurrency platforms
Cybersecurity researchers have discovered half-a-dozen new Android malware families that come with capabilities to steal data from compromised devices and conduct financial fraud
A new Android malware named Albiriox has been advertised under a malware-as-a-service (MaaS) model to offer a "full spectrum" of features to facilitate on-device fraud (ODF), screen manipulation, and real-time interaction with infected devices
Law enforcement authorities in Europe have arrested five suspects in connection with an "elaborate" online investment fraud scheme that stole more than €100 million ($118 million) from over 100 victims in France, Germany, Italy, and Spain
PLUS: Kryptos solution up for auction; Canadian parliament springs a leak; Fake crypto lawyers; And more Infosec In Brief New York State is suing bank-owned peer-to-peer payment app Zelle, claiming that the banks behind it knew fraud was rampant on the platform but allowed scammers to conduct business with impunity.…
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.
Also, Nike Sued Over Shutdown of NFT SubsidiaryThis week, KiloEX compensation after Oracle exploit, Nike sued over NFT shutdown, SEC dropped probe into PayPal PYUSD, Long Island man sentenced for crypto fraud, Americans lost billions to crypto scams, Loopscale exploiter agreed to return stolen funds and bank regulators softened stance on crypto.
Also: Penalty on Illegal Cryptomining in SiberiaThis week's roundup includes Do Kwon's trial, penalty on a Siberian firm over illegal cryptomining, 2024 drainer attack statistics, U.S. bank regulator's crypto stance, Gemini's CFTC settlement, China's blockchain plans and Hong Kong's push for DLT in banks.
At least 17 affiliate groups have used the "DroidBot" Android banking Trojan against 77 financial services companies across Europe, with more to come, researchers warn.
FBI recovers just $8M after scam crashes Heartland Tri-State Bank The FBI has recovered $8 million in funds from a cryptocurrency scam that netted $47 million and devastated the Kansas city of Elkhart.…
Also: UwU Lend's Hacks, Terraform Labs' Dissolution, Gemini's SettlementThis week, CertiK researchers allegedly stole money from Kraken, UwU Lend was hacked, Terraform Labs shut down, Gemini will pay defrauded investors, three entities claimed seized FTX assets, a Chinese bank suffered embezzlement and money laundering, and the SEC's crypto head is leaving.
Kansas Bank Forced to Close After CEO Allegedly Embezzled Nearly $50 MillionA watchdog report reveals how Heartland Tri-State Bank CEO Shan Hanes allegedly defrauded a local church and investment club in Kansas out of $47.1 million through a "pig-butchering" cryptocurrency scam that ultimately caused the bank to fail in 2023.
Extortion Money Found in Bank Account of Aleksanteri Kivimaki, Prosecutors SayProsecutors trying the case of a Finnish national accused of attempting to extort tens of thousands of psychotherapy patients and of later posting therapy notes online said Monday that they have traced the cryptocurrency wallet used by the blackmailer to the accused man.
A new Android banking trojan named GoldDigger has been found targeting several financial applications with an aim to siphon victims' funds and backdoor infected devices
Users in Latin America (LATAM) are the target of a financial malware called JanelaRAT that's capable of capturing sensitive information from compromised Microsoft Windows systems