Cyberthreats to financial organizations in 2022

We are going to analyze the forecasts we made at the end of 2020, go through the key events of 2021 relating to financial attacks and make some forecasts about them in 2022. Continue reading Cyberthreats to financial organizations in 2022

BrazKing Android Malware Upgraded and Targeting Brazilian Banks

Nethanella Messer and James Kilner contributed to the technical editing of this blog. IBM Trusteer researchers continually analyze financial fraud attacks in the online realms. In recent research into mobile banking malware, we delved into the BrazKing malware’s inner workings following a sample found by MalwareHunterTeam. BrazKing is an Android banking Trojan from the overlay […]

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Potent Brazilian banking trojan resurfaces in South America, despite arrests that averted $4M theft

Back in June, police in Spain arrested 16 people accused of being part of a gang laundering stolen money with the Mekotio and Grandoreiro banking trojans. The suspects in that arrest had already swiped more than $320,000, authorities said, but were on the verge of taking about $4 million before their arrests. But that arrest wasn’t the end for the malware. In the last three months, Mekotio malware has been used to actively target victims again, a report published Wednesday by Check Point Research suggests, with more than 100 attacks detected that show new stealth and evasion techniques in Brazil, Chile, Mexico, Spain and Peru. “Although the Spanish Civil Guard announced the arrest of 16 people involved with Mekotio distribution in July 2021, it appears the gang behind the malware is still active,” said Kobi Eisenkraft, the malware research and protection team leader at Check Point. The research, written by […]

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Brazilian marketplace integrator Hariexpress exposed 1.75 billion records

By Waqas
At the time of publishing this article, the data was still exposed and growing as there has been no response from Hariexpress.
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Spain’s Factorial raises $80M at a $530M valuation on the back of strong traction for its ‘Workday for SMBs’

Factorial, a startup out of Barcelona that has built a platform that lets SMBs run human resources functions with the same kind of tools that typically are used by much bigger companies, is today announcing some funding to bulk up its own position: the company has raised $80 million, funding that it will be using […] Continue reading Spain’s Factorial raises $80M at a $530M valuation on the back of strong traction for its ‘Workday for SMBs’

Lilium touts billion-dollar, 220-unit eVTOL sale to Brazilian airline

Lilium has become the latest eVTOL manufacturer to announce a significant provisional aircraft sale – this time, a 220-unit, billion-dollar deal with Azul in Brazil, which values the electric seven-seat Lilium Jets at around US$4 million apiece.Continu… Continue reading Lilium touts billion-dollar, 220-unit eVTOL sale to Brazilian airline

Arrests of members of Tetrade seed groups Grandoreiro and Melcoz

Spain’s Ministry of the Interior has announced the arrest of 16 individuals connected to the Grandoreiro and Melcoz cybercrime groups. Both are originally from Brazil and form part of the Tetrade umbrella, operating for a few years now in Latin America and Western Europe. Continue reading Arrests of members of Tetrade seed groups Grandoreiro and Melcoz

DeepDotWeb admin pleads guilty to money laundering, kickbacks

By Habiba Rashid
DeepDotWeb (DDW) was seized by the FBI in April 2019 and Tal Prihar, an Israeli citizen was arrested from Brazil.
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