Latest cybersecurity reporting from selected sources.

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 emerging malware, spread via fake TikTok and Chrome downloads, has evolved by combining banking fraud with extensive device surveillance and remote control.

Instagram ads impersonating financial institutions like Bank of Montreal (BMO) and EQ Bank (Equitable Bank) are being used to target Canadian consumers with phishing scams and investment fraud. Some ads use AI-powered deepfake videos in an attempt to collect your personal information, while others drive traffic to phishing pages. [...]

Instagram ads impersonating financial institutions like Bank of Montreal (BMO) and EQ Bank (Equitable Bank) are being used to target Canadian consumers with phishing scams and investment fraud. Some ads use AI-powered deepfake videos in an attempt to collect your personal information, while others drive traffic to phishing pages. [...]

Instagram ads impersonating financial institutions like Bank of Montreal (BMO) and EQ Bank (Equitable Bank) are being used to target Canadian consumers with phishing scams and investment fraud. Some ads use AI-powered deepfake videos in an attempt to collect your personal information, while others drive traffic to phishing pages. [...]

Cybersecurity researchers are calling attention to an Android malware campaign that leverages Microsoft's .NET Multi-platform App UI (.NET MAUI) framework to create bogus banking and social media apps targeting Indian and Chinese-speaking users

JPMorgan Chase Bank (Chase) will soon start blocking Zelle payments to social media contacts to combat a significant rise in online scams utilizing the service for fraud. [...]

ATMs paid customers thousands ... and now the bank wants its money back JPMorgan Chase has begun suing fraudsters who allegedly stole thousands of dollars from the bank's ATMs after a check fraud glitch went viral on social media.…

Who also worries misinformation on social media could threaten liquidity The governor of India's Reserve Bank, Shri Shaktikanta Das, yesterday warned that AI – and the platforms that provide it – could worsen systemic risk to the nation's financial system.…

In January, KrebsOnSecurity wrote about rapper Punchmade Dev, whose music videos sing the praises of a cybercrime lifestyle. That story showed how Punchmade's social media profiles promoted Punchmade-themed online stores selling bank account and payment card data. Now the Kentucky native is suing his financial institution after it blocked a $75,000 wire transfer and froze his account, citing an active law enforcement investigation.

In today's digital age, passwords serve as the keys to our most sensitive information, from social media accounts to banking and business systems. This immense power brings with it significant responsibility—and vulnerability

Banking Fraud Heads Say Facebook Marketplace Is Teeming With ScammersMeta-owned online marketplaces are swarming with scammers who use deceptive ads to defraud banking customers, fraud prevention heads at leading British banks testified before a U.K. Parliament committee. They called on the social media giant to roll out stronger fraud prevention measures.

Hackers Use Messaging Apps WhatsApp, Telegram to Bait VictimsMobile banking Trojans spread through deceptive social media messages remain a problem for Indian smartphone users, warns Microsoft. India accounts for 4 in 10 global transactions made with digital payments, according to the National Payments Corporation of India.

A coordinated international law enforcement operation has dismantled Genesis Market, an illegal online marketplace that specialized in the sale of stolen credentials associated with email, bank accounts, and social media platforms

A convincing Twitter scam is targeting bank customers by abusing the quote-tweets feature, as observed by BleepingComputer. The scam preys on customers tweeting to their banks—such as to raise a complaints. But these customers instead receive a reply from the scammer, via a quote-tweet, urging them to call the scammer's "helpline." [...]

Prolific online scammer and social media influencer sentenced for bank cyber heists, BEC campaigns, money laundering, and more.

Meta (formerly known as Facebook) has filed a joint lawsuit with Chime, a financial technology and digital banking company, against two Nigerian individuals who allegedly used Instagram and Facebook accounts to impersonate Chime and target its users in phishing attacks. [...]