Financial hacking teams FIN7, Cobalt Group update tactics to haunt banks and retail
It’s starting to look like the global private sector might have a real problem on its hands. Despite international media attention and a series of high-profile arrests, some of the world’s most prolific cybercriminals only seem to be accelerating their hacking sprees. Financially motivated hacking groups including FIN7, Cobalt Group and the Contact Crew remain active, staying busy well into this year, according to Accenture Security’s 2019 Threatscape report. The cybercrime syndicates, which have haunted financial and retail companies since at least 2016, have spent the first half of 2019 updating their malicious software tools and expanding their reach. The findings are more bad news for international companies, which last year saw cyberattacks rank among the biggest risks for companies worldwide, according to the World Economic Forum. Now, if Accenture’s 102-page report is any indication, the world’s most capable hackers only are fine-tuning their techniques to carry out targeted intrusions. This comes […]
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