The Sound of Silence: Speed Up Your Video Consumption

There’s a lot of interesting content produced on video these days. Invariably, though, when we post something some comments will appear lamenting that a video isn’t the most efficient way to disseminate technical information. We have mixed feelings. Some things benefit from being able to see, for example, a screencast. …read more

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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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$3 million hack of Bangladesh ATMs was by Russian group called Silence, researchers say

A small Russian hacking group should be considered the main suspect in a bank heist of $3 million in Bangladesh, according to research published Wednesday. The group, which researchers are calling “Silence,” appears to have softened up access controls on Dutch Bangla Bank ATMs before money mules made a series of cash withdrawals ending on May 31, according to Group-IB, an international security vendor with headquarters in Singapore. Infrastructure used in the past by Silence hackers communicated with external IPs from Dutch Bangla Bank in the months prior to the cash extractions, Group-IB said. By abusing access to the banking system, Silence could have removed withdrawal limits on the ATMs. The money mules were caught on security cameras. Local law enforcement officials previously said the crooks might be connected with Lazarus Group, a cybercrime organization linked to North Korea, according to local news reports. Lazarus is the same hacking team that was blamed for trying to steal nearly $1 […]

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New Trojan ‘Silence’ Uses Stealth to Attack Banks

Security researchers have discovered a new attack against financial organizations, in which hackers break into their infrastructure and stay lurking for months to learn their internal procedures before starting to steal money. Because of the extended period of time when attackers monitor and learn the behavior of their victims, researchers have dubbed the Trojan program..

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