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Cybersecurity researchers have disclosed details of fraudulent activity targeting users across the Middle East and North Africa by employing various fraudulent Facebook accounts impersonating politicians, public figures, and trusted organizations
Cyber-fraudsters move quickly from compromised devices to account takeover to funds transfer, shifting money before many financial institutions can react.
They cleverly mimic most traits of a real phone Smartphones have fast become the basis of our digital identities, securing payment systems and bank accounts. Now virtual devices that pretend to be real handsets have become a key tool for financial scammers, according to one company. …
Mobile banking malware targets over 1200 financial apps globally, shifting fraud to user devices
Cybersecurity researchers have disclosed details of a new Android trojan called Massiv that's designed to facilitate device takeover (DTO) attacks for financial theft
Names, addresses, bank account numbers accessed – but biz insists passwords and call data untouched The Netherlands' largest mobile network operator (MNO) has admitted that a breach of its customer contact system may have affected around 6.2 million people.…
Customers report being locked out after grabbing the password manager via F-Droid Some HSBC mobile banking customers in the UK report being locked out of the bank's app after installing the Bitwarden password manager via an open source app catalog.…
National Bank of Canada (Banque Nationale du Canada), the sixth largest commercial bank of Canada is currently experiencing a widespread service outage affecting its online banking and mobile app platforms. [...]
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 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. [...]
Cheap Android smartphones manufactured by Chinese companies have been observed pre-installed with trojanized apps masquerading as WhatsApp and Telegram that contain cryptocurrency clipper functionality as part of a campaign since June 2024
China-based purveyors of SMS phishing kits are enjoying remarkable success converting phished payment card data into mobile wallets from Apple and Google. Until recently, the so-called “Smishing Triad” mainly impersonated toll road operators and shipping companies. But experts say these groups are now directly targeting customers of international financial institutions, while dramatically expanding their cybercrime infrastructure and support staff.
Apple has been hit with a fine of €150 million ($162 million) by France's competition watchdog over the implementation of its App Tracking Transparency (ATT) privacy framework
Indian banking malware attack exposes 50,000 users, stealing financial data via SMS interception and phishing
A sophisticated social engineering cybercrime campaign bent on financial gain was observed being run from Tencent servers in Singapore.
Mobile users in the Czech Republic are the target of a novel phishing campaign that leverages a Progressive Web Application (PWA) in an attempt to sidestep security protections and steal their banking account credentials
ESET detected a new phishing technique using progressive web applications (PWAs) as part of a large-scale mobile financial scam
Deepfake-enabled attacks against Android and iOS users are netting criminals serious cash Cybercriminals are targeting iOS users with malware that steals Face ID scans to break into and pilfer money from bank accounts – thought to be a world first.…
No Iranian bank customers are safe from financially motivated cybercriminals wielding convincing but fake mobile apps.
A previously undocumented Android banking trojan dubbed MMRat has been observed targeting mobile users in Southeast Asia since late June 2023 to remotely commandeer the devices and perform financial fraud