IBM Trusteer Exposes Massive Fraud Operation Facilitated by Evil Mobile Emulator Farms

IBM Security Trusteer’s mobile security research team has recently discovered a major mobile banking fraud operation that managed to steal millions of dollars from financial institutions in Europe and the US within a matter of days in each attack before being intercepted and halted. This is the work of a professional and organized gang that […]

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New Vizom Malware Discovered Targets Brazilian Bank Customers with Remote Overlay Attacks

IBM Security Trusteer researchers have discovered a new malware code and active campaign targeting online banking users in Brazil. The malware, coined “Vizom” by the team, uses familiar remote overlay attack tactics to take over user devices in real time, as the intended victim logs in, and then initiates fraudulent transactions from their bank account. […]

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Jackpotting Reveals Openings in Proprietary Software

Jackpotting, an older ATM theft technique, could show security operations team members what to look out for when it comes to Internet of things (IoT) attacks in general, and even election machine vulnerabilities.  This technique first entered the U.S. cybersecurity lexicon in 2018, when Brian Krebs warned of attacks at American ATMs. Jackpotting, Krebs explains, […]

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BlackRock Android Banking Malware Targeting 337 Mobile Apps

Security researchers discovered a new Android banking malware family called “BlackRock” that targets 337 mobile applications. ThreatFabric found that BlackRock hid its icon when it first launched itself on a mobile device. It then posed as … Continue reading BlackRock Android Banking Malware Targeting 337 Mobile Apps

BlackRock Malware Goes After Banking, Social and Other Mobile Apps

A new banking malware is pushed on Android devices, and it’s using source code from the older, now defunct, Xerxes, and an even older variant called LokiBot. The attackers target apps that haven’t been compromised in other campaigns. Bankin… Continue reading BlackRock Malware Goes After Banking, Social and Other Mobile Apps

Ginp Malware Operations are on the Rise, Aiming to Expand in Turkey

The Ginp mobile banking malware, which emerged in late 2019, is one of the top most prevalent Android banking malware families today. It started as a simple short message server (SMS) stealer and rapidly evolved into one of the most advanced actors in the financial fraud landscape. Ginp has primarily targeted Spanish banks, but recent evidence […]

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Increased Use of Mobile Banking Apps May Lead to Cyber Attacks, FBI Warns

The Covid-19 lockdown and stay-at-home orders have changed the way we work, shop and handle our finances. As mobile banking tools become a go-to alternative for customers who continue in the struggle of social distancing, the FBI anticipates a surge in… Continue reading Increased Use of Mobile Banking Apps May Lead to Cyber Attacks, FBI Warns

Zeus Sphinx Back in Business: Some Core Modifications Arise

With Zeus Sphinx back in the financial cybercrime arena, IBM X-Force is providing a technical analysis of the Sphinx Trojan’s current version, which was first released in the wild in late 2019.

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New Android Banking Trojan Targets Spanish, Portuguese Speaking Users

IBM X-Force recently analyzed a new Android banking Trojan dubbed “Banker.BR” that appears to be targeting users in Spain, Portugal, Brazil and other parts of Latin America.

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