DanaBot Observed in Large Campaign Targeting U.S. Organizations

Researchers observed the distribution of the DanaBot banking trojan in a large attack campaign targeting U.S. organizations. On 26 September, Proofpoint detected a campaign consisting of hundreds of thousands of emails intended for U.S. recipients. Eac… Continue reading DanaBot Observed in Large Campaign Targeting U.S. Organizations

NYC wants to build a cyber army

Empires rise and fall, and none more so than business empires. Whole industries that once dominated the planet are just a figment in memory’s eye, while new industries quietly grow into massive behemoths. New York City has certainly seen its share of empires. Today, the city is a global center of finance, real estate, legal […] Continue reading NYC wants to build a cyber army

Banking trojan found in call recorder app on Play Store – stole over €10,000

By Waqas
Android is one of the most vulnerable mobile operating systems with hackers developing new Android malware and banking trojan every 17 seconds. Then, there is Google and questionable security measures to protect users from sophisticated and pe… Continue reading Banking trojan found in call recorder app on Play Store – stole over €10,000

Hackers target Newegg with “sophisticated malware”; steal credit card data

By Waqas
At the moment, it is unclear how many Newegg customers have been impacted. The IT security researchers at RiskIQ and Volexity have announced that Newegg Inc., an online retailer of items including computer hardware and consumer electronics has… Continue reading Hackers target Newegg with “sophisticated malware”; steal credit card data

CamuBot Malware Camouflaged as Bank Security App to Steal Credentials

By Waqas
A new banking malware has been discovered that is targeting bank customers in Brazil. Dubbed as CamuBot, it is identified to be a unique malware because it is disguised as a necessary security module of the bank. The malware can also bypass th… Continue reading CamuBot Malware Camouflaged as Bank Security App to Steal Credentials

The Intelligent Adaptive Authentication Workflow

Adaptive authentication represents the cutting-edge of authentication technology, and Intelligent Adaptive Authentication (IAA) sits at the forefront. It allows financial institutions (FIs) to break the balancing act between mitigating fraud and encou… Continue reading The Intelligent Adaptive Authentication Workflow

Hackers selling data of 130 million Chinese hotel clients on Dark Web for 8 BTC

By Waqas
Now, this could easily be termed as one of the largest ever data hacks in the history of China. Reportedly, the data of roughly 130 million clients of the renowned Huazhu Hotels Group, China is up for sale at the Dark Web at the meager amount … Continue reading Hackers selling data of 130 million Chinese hotel clients on Dark Web for 8 BTC

DDoS attack from Anonymous Catalonia cripples Bank of Spain website

By Waqas
The official website of Banco de España (Bank of Spain), which is the central bank of the country, was hit by a Distributed Denial of Service (DDoS) attack on Sunday. The attack potentially disrupted the website’s operations and it became inac… Continue reading DDoS attack from Anonymous Catalonia cripples Bank of Spain website

Top Banking Regulations & Security Compliance Requirements for 2018

There is a lot happening in regards to regulation for financial institutions (FIs) around the globe. In many countries, there is a drive for further regulation; meanwhile in the U.S., we are seeing bank regulation reform and deregulation, as evidenced… Continue reading Top Banking Regulations & Security Compliance Requirements for 2018