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Vawtrak banking Trojan shifts to new targets

The Vawtrak banking Trojan (aka Snifula) is slowly but surely becoming a serious threat. With version 2, the malware has acquired the capability to target even more users, a …

CEO
1 in 10 banking CEOs don’t know if they’ve been hacked

Twelve percent of banking CEOs say they do not have insight into whether their institution’s security has been compromised by a cyber attack in the past two years, …

vault
Security delays digital adoption in banks, billions at stake

$405.3 billion, that’s the Digital Value at Stake (VaS) retail banks have the potential to realize from 2015 to 2017. Yet, in 2015, financial services as a whole captured just …

ATM
Criminals turn entire ATMs into skimmers

As if withdrawing money from an ATM wasn’t dangerous enough, researchers discovered that Russian-speaking Skimer group forces ATMs to assist them in stealing users’ …

SWIFT
SWIFT warns of new attacks, Bangladesh Bank heist linked to Sony hack

SWIFT, the organization that provides banks with a secure network for sending and receiving information about financial transactions, has sent out a warning about a malware …

Facepalm
Info of Qatar National Bank customers, Al Jazeera staff, others, leaked online

A ZIP file containing information supposedly stolen in a hack of the Qatar National Bank has been published on whistleblower site Cryptome on Tuesday. The contents of the …

money
Bangladesh Bank hackers compromised SWIFT software with bespoke malware

Bit by bit, indications about how the attackers who targeted Bangladesh’s central bank managed to take off with some $80 milllion (of the nearly $1 billion they aimed …

match burn
Bank password policies are often substandard, study finds

A study of 17 major US banks shows that six of them have weak password handling and that their password procedures are weaker than most social websites. The six banks, 35 …

Android
Mobile banking Trojan bypasses Google Play security

The Acecard malware is capable of attacking users of nearly 50 different online financial applications and services and is able to bypass Google Play store security measures, …

Broken glass
The return of Carbanak: Banks face new attacks

A year after Kaspersky Lab warned that cyber-criminals would start to adopt the tools and tactics of nation-state backed APTs in order to rob banks, the company has confirmed …

fire
Reactions to the HSBC DDoS attack

Last week HSBC’s online banking website was taken down by a DDoS attack, leaving thousands of customers unable to access its services. Here are some of the comments Help Net …

euro
Belgian bank Crelan loses €70 million to BEC scammers

Belgian bank Crelan has become a victim of fraudsters. According to a statement (in Dutch) published last week, the bank has lost over 70 million euros (around $75,8 million). …

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