U.S. Bank ordered to refund $48M to customers

A Consumer Financial Protection Bureau campaign to curb deceptive banking activities has resulted in U.S. Bank being ordered to refund $48 million.

Citadel used in APT attacks against petrochemical firms

Citadel used in APT attacks against petrochemical firms

In an interesting twist, financial malware Citadel was used to infect firms outside of the finance sector via APT attacks, Trusteer found.

Nigerian police search for ringleader in major bank heist

The suspect, Godswill Oyegwa Uyoyou, conspired with others to hack bank systems and divert 6.28 billion Naira to mule accounts.

JPMorgan Chase might struggle to patch vulnerabilities quickly enough

This summer's attack on the bank's network might have helped hackers detect subtle vulnerabilities they could exploit in the future.

Merchant Financial Cybersecurity Partnership hosts security summit

The "Cybersecurity: Protecting the Payments Systems" summit will encourage coordination between all cybersecurity and industry entities.

'KorBanker' steals SMS messages, takes authentication codes in the process

'KorBanker' steals SMS messages, takes authentication codes in the process

Android devices in Korea have primarily been impacted by the malware.

Reported breaches involving zero-day bug at JPMorgan Chase, other banks

Reported breaches involving zero-day bug at JPMorgan Chase, other banks

Hackers exploited a zero-day vulnerability and gained access to sensitive information from JPMorgan Chase and at least four other financial institutions, reports indicate.

Phishing campaign targeting users of Bitcoin wallet Blockchain.info

More than 12,000 messages have been sent to more than 400 companies as part of a phishing campaign targeting users of Bitcoin wallet Blockchain.info.

Skimming con drains pension of retired officer in Philippines

The National Bureau of Investigation (NBI) warned that the incident showcases the growing incidence of ATM skimming fraud.

PCI council releases third-party security assurance guidance

PCI council releases third-party security assurance guidance

The guidance is meant to help merchants and third parties better understand their roles and responsibilities in the payment security ecosystem.

Black Hat: Hackers execute code on mobile POS devices, play their version of Flappy Bird

Black Hat: Hackers execute code on mobile POS devices, play their version of Flappy Bird

Two hackers demonstrated how device vulnerabilities could allow attackers to access sensitive card data using multiple attack vectors.

Latest Citadel trick allows RDP access after malware's removal

Latest Citadel trick allows RDP access after malware's removal

Trusteer, an IBM company, said the new Citadel configuration was detected this month.

Neverquest trojan targets regional banks in Japan

Symantec researchers found a new variant of the banking trojan.

Op Emmental spoofs bank sites, uses Android malware to maintain account access

Op Emmental spoofs bank sites, uses Android malware to maintain account access

On Tuesday, Trend Micro released a report detailing Operation Emmental, which targets victims in Austria, Switzerland, Sweden and Japan.

Report: Zero-day attack used in 2010 NASDAQ breach

Bloomberg revealed that hackers used two zero-day flaws to breach NASDAQ's servers in 2010.

'Neverquest' banking trojan evolves as U.S. attacks continue

On Wednesday, Symantec released details on the malware's developed features.

Two new Boleto malware families discovered

Two new Boleto malware families discovered

Trusteer, an IBM company, revealed details on the bolware variants, which employ new tactics to manipulate web pages used for Boletos transactions.

Phishers target Silk Road Bitcoin bidders, more than $62K stolen from Australian firm

Australia-based Bitcoins Reserve lost more than $62,000 after phishers began targeting bidders interested in the auction of 30,000 Bitcoins confiscated in the Silk Road takedown.

Brazilian 'bolware' gang targeted $3.75B in transactions, RSA finds

Brazilian 'bolware' gang targeted $3.75B in transactions, RSA finds

RSA has revealed the extent of bolware attacks in the country, which have remained a pervasive issue in the financial sector.

POS vendor notifies restaurants of possible payment card breach

A point-of-sale and security systems vendor is notifying its customers, some of which are big restaurant chains, that its remote access service was breached.

'Lite Zeus' has fewer tricks, but updated encryption

'Lite Zeus' has fewer tricks, but updated encryption

The new Zeus variant employs AES-128 encryption as opposed to the older RC4 cipher used by other Zeus iterations.

Banks, payment services and social networks most targeted by phishing kits

Researchers with PhishLabs analyzed nearly 9,000 phishing kits and learned that financial groups and social networks are most targeted.

Zeus variant 'Maple' targets financial data of Canadian users

So far, the new variant has targeted 14 major banks in the country, Trusteer found.

Two 14-year-old students hack Bank of Montreal ATM during lunch break

After accessing operator mode on an ATM, two ninth graders in Canada promptly notified the machine's owner, the Bank of Montreal.

New tech can better protect

New tech can better protect

Chip technology can prevent criminals from producing counterfeit credit cards.

'Nemanja' POS malware compromises 1,500 devices, half a million payment cards, worldwide

'Nemanja' POS malware compromises 1,500 devices, half a million payment cards, worldwide

Researchers with IntelCrawler have uncovered "Nemanja," a point-of-sale malware that has infected nearly 1,500 devices and has compromised close to half a million payment cards.

ATMs with biometric access to be deployed in Poland

Anyone needing cash in Poland soon will have access to ATMs that feature biometric security.

Phishing campaign uses VoIP to target dozens of banks, steal card data

Phishing campaign uses VoIP to target dozens of banks, steal card data

PhishLabs estimates that as many as 400 payment cards per day are compromised through the "vishing" attacks.

Cyber gang that stole $2 million from Barclays sentenced to 24 years

Nine men were sentenced this week, with the group's leader getting five-and-a-half years.

Report: Bank of England to helm pen-testing effort for UK's finance sector

The bank also oversaw last year's "Waking Shark II" simulated cyber attacks throughout London.

Federal watchdog says SEC security issues put financial data at risk

Federal watchdog says SEC security issues put financial data at risk

According to the U.S. Government Accountability Office (GAO), SEC, among other lapses, failed to adequately oversee a contractor, which migrated its financial system to a new data center.

The cool factor: New tech in banking has an edge

The cool factor: New tech in banking has an edge

Disruption is expected; financial crime should be, too.

JPMorgan Chase CEO details company's cyber threats in annual letter

Jamie Dimon wrote that the bank will have spent more than $250 million annually by the end of the year on cyber security and faces increasingly complex and more dangerous" attacks.

Regulator alerts banks of mounting ATM attacks, DDoS threat

The Federal Financial Institutions Examination Council (FFIEC) notified the industry on Wednesday.

Cryptocurrency mining malware discovered on surveillance DVRs

Cryptocurrency mining malware discovered on surveillance DVRs

Cryptocurrency mining malware has been discovered on DVRs that record footage taken by surveillance cameras.

Two men plead guilty to role in worldwide hacking operation

Two men plead guilty to role in worldwide hacking operation

The men, who are New York and Massachusetts residents, led "cash out" operations for an international scheme.

Coinbase responds to information disclosure, user enumeration, other concerns

Coinbase responds to information disclosure, user enumeration, other concerns

Coinbase responded to a researcher's claims that the San Francisco-based Bitcoin exchange is vulnerable to information disclosure, user enumeration, and lack of rate limitation for sending money requests.

S&P lowers Target's credit rating following breach

Poor sales and a drop in income in the wake of a high-profile breach prompt Standards & Poor to downgrade Target's credit rating one level.

Experts suggest transaction malleability did not ruin Mt. Gox

Experts suggest transaction malleability did not ruin Mt. Gox

In a paper released on Wednesday, Swiss researchers suggest the transaction malleability Bitcoin flaw did not ruin Mt. Gox, despite what the Tokyo-based company announced.

Cryptocurrency-mining apps discovered on Google Play store

At least two apps have been discovered on the official Google Play store that mine for cryptocurrencies, but overheating mobile devices and decreased performance may tip off Android users.

Building security around Bitcoin

Building security around Bitcoin

Similar to building a multi-layer security strategy for a business, before deciding what security controls should be implemented to protect Bitcoin transactions, we first need to identify the targets.

Attackers get cash out of ATMs by sending SMS messages

Attackers get cash out of ATMs by sending SMS messages

Criminals are using SMS messages to get cash out of ATMs, according to Symantec.

About 200,000 Mt. Gox Bitcoins, $115 million, found in old-format wallet

About 200,000 Mt. Gox Bitcoins have been recovered in an obsolete old-format wallet, bringing the total amount of the virtual currency allegedly pilfered down to 650,000 Bitcoins.

$30 RAT, WinSpy, involved in two phishing campaigns

$30 RAT, WinSpy, involved in two phishing campaigns

Researchers with FireEye have identified two phishing campaigns involving a remote administration tool known as WinSpy, that also comes packaged with an Android component known as GimmeRAT.

Three fraudsters indicted for roles in global cyber crime scheme

Three fraudsters indicted for roles in global cyber crime scheme

Three men on their way to scoring more than $15 million in a cyber crime scheme instead scored formal charges in New Jersey District Court for their alleged roles in the international conspiracy, according to an indictment.

Transaction malleability Bitcoin flaw may have ruined Mt. Gox

Transaction malleability Bitcoin flaw may have ruined Mt. Gox

Mt. Gox bankruptcy documents filed in the U.S. on Sunday refer to a Bitcoin flaw known as transaction malleability, which may have caused the Tokyo-based company to lose half a billion dollars in the virtual currency.

Mt. Gox hit by DDoS attacks before massive theft, 150,000 per second

Mt. Gox hit by DDoS attacks before massive theft, 150,000 per second

Massive distributed denial-of-service attacks plagued Mt. Gox in early February, not long before the former world's biggest Bitcoin exchange was hit by an alleged separate attack that bankrupted the company, according to a report.

Zeus-in-the-mobile variant uses security firm's name to gain victims' trust

Zeus-in-the-mobile variant uses security firm's name to gain victims' trust

Android users are tricked into installing a spurious "security" app, which allows fraudsters to bypass one-time password authentication for online banking.

Sally Beauty investigates breach, no evidence of stolen payment cards

An attempted intrusion is still being investigated, but Texas-based Sally Beauty has no evidence to suggest that 282,000 payment cards found in an online underground crime market were pilfered from the worldwide retailer.

Flexcoin hacked, Mt. Gox code leaks, but Bitcoin demand still grows

Flexcoin hacked, Mt. Gox code leaks, but Bitcoin demand still grows

On the same day that an attacker stole 896 bitcoins from Bitcoin bank Flexcoin, an individual allegedly posted the Mt. Gox code on Pastebin.

Time for a charge card overhaul

Time for a charge card overhaul

We've all been breached, but there are steps we can take to evolve the system, says security strategist Dan Srebnick.

Man charged with using SQL injection to access Federal Reserve data

From October 2012 to February 2013, Lauri Love allegedly worked with other hackers to steal and publicly distribute personal information housed on the Federal Reserve network.

Tokyo-based Bitcoin exchange Mt. Gox files for bankruptcy protection

Mt. Gox announced on Friday that it has filed for bankruptcy protection in Japan after hackers took advantage of weaknesses in its computer systems to purloin hundreds of thousands of bitcoins.

Poisoned YouTube ads serve Caphaw banking trojan

Poisoned YouTube ads serve Caphaw banking trojan

YouTube's ad network was compromised to host the Styx exploit kit, researchers found.

Firm detects Zeus variant targeting POS terminals

Firm detects Zeus variant targeting POS terminals

The malware is based on the leaked code of Zeus and RAM-scraping malware.

Video shows more info was stolen in Las Vegas Sands attack

Officials are investigating an 11-minute video posted on YouTube that shows new information attackers may have obtained after hacking websites and internal systems belonging to Las Vegas Sands Corp.

Trade groups from finance, retail sectors team for security initiative

The associations will explore options for improved information sharing and implementation of card security technology.

Vulnerabilities in home routers used for compromising bank accounts

Vulnerabilities in home routers used for compromising bank accounts

CERT Polska researchers have observed attackers using DNS redirection attacks - made possible due to vulnerabilities in home routers - to effectively access online banking accounts in Poland.

Two skimming devices found on California hotel computers

The San Francisco Airport - South San Francisco Embassy Suites hotel is notifying an undisclosed number of guests that their payment card information may be at risk after skimming devices were discovered on two computers.

At least 4,500 payment cards compromised by JackPOS malware in U.S. and Canada

At least 4,500 payment cards compromised by JackPOS malware in U.S. and Canada

At least 4,500 payment cards have been compromised in the United States and Canada by a new point-of-sale malware, JackPOS, that is based on Alina, according to researchers with cyber intelligence company IntelCrawler.

Researchers discover new point-of-sale malware, JackPOS

Researchers with cyber intelligence company IntelCrawler have discovered a new point-of-sale malware known as JackPOS, which is said to have code similar to the RAM-scraping POS malware known as Alina.

Target vendor, Fazio Mechanical, confirms being victim of attack

Target vendor, Fazio Mechanical, confirms being victim of attack

Target announced last week that hackers compromised its systems using credentials stolen from a third party vendor and, on Thursday, Fazio Mechanical confirmed that it was the victim of an attack.

Retailers testify before Senate Judiciary Committee, push chip cards

Executives with Target and Neiman Marcus were among the individuals who testified before the Senate Judiciary Committee on Tuesday.

Report highlights results of Waking Shark II simulated cyber attack

The Bank of England has released the results of Waking Shark II, a Nov. 12, 2013, four-hour simulated cyber attack in London involving hundreds of financial institutions that was designed to test the city's cyber security readiness.

Gameover variant of Zeus trojan slips by security as encrypted file

Gameover variant of Zeus trojan slips by security as encrypted file

The Gameover variant of the nefarious Zeus banking trojan has recently been observed sneaking past defenses as an encrypted EXE file, according to researchers with Malcovery.

White Lodging investigates suspected nine-month-long POS attack

White Lodging Services Corporation is investigating a suspected breach of its point-of-sale systems, the Indiana-based hotel management company announced on Monday.

Bitcoin payments pose security challenges for brick and mortar merchants

The benefits of cryptocurrency for consumers are well known, but there are also some downsides that must be addressed.

Dozens of U.S. retailers impacted in global POS malware campaign

A worldwide point-of-sale malware operation involving a relatively new trojan - called ChewBacca - has impacted dozens of retailers in the U.S., according to RSA researchers.

Hackers accessed Target systems using stolen vendor credentials

Stolen vendor credentials is what led to a massive malware attack on Target's point-of-sale machines, ultimately resulting in the theft of 40 million payment cards, among other information.

Expanded Apple Touch ID payments can succeed, expert suggests

Expanded Apple Touch ID payments can succeed, expert suggests

Apple CEO Tim Cook addressed using the Touch ID to expand the mobile payments market on Monday, a move that could allow consumers to make a wider variety of purchases by simply scanning a fingertip.

Michaels Stores investigates possible payment card breach

After Target and Neiman Marcus, Michaels Stores is the next in a line of U.S. retailers to reveal that it is investigating a possible security breach that may have resulted in the compromise of customer payment cards.

Russian man claims he wrote Target POS malware as a security program

IntelCrawler concluded on Sunday that 23-year-old Rinat Shibaev - not 17-year-old Sergey Taraspov, as the company previously reported - is the writer of the malware that infected Target's point-of-sale systems.

Texas police arrest two in connection with Target breach

Texas police arrest two in connection with Target breach

At the border of U.S. and Mexico, two individuals were arrested in connection with the late-2013 Target breach.

Neiman Marcus breach dates back to July 2013, according to report

The attack on Neiman Marcus point-of-sale systems dates back to July 2013 and the threat was not completely mitigated until Sunday, unnamed people briefed on the retailer's investigation told the New York Times.

Report indicates KAPTOXA operation led to massive retailer breaches

Report indicates KAPTOXA operation led to massive retailer breaches

The operation that likely led to the infection of Target's point-of-sale systems is known as KAPTOXA, according to a release by iSIGHT Partners.

Researchers discover a point-of-sale malware written in VBScript

Researchers with cyber intelligence company IntelCrawler have identified a new point-of-sale (POS) malware, known as 'Decebal,' available for purchase on underground forums.

Neiman Marcus CEO says PIN data not accessed in card breach

Neiman Marcus CEO says PIN data not accessed in card breach

Malware found on the payment systems of Neiman Marcus led to the compromise of card data for an undisclosed number of shoppers, but PIN data is not at risk because the retailer does not use PIN pads in its stores.

Complaint filed against Neiman Marcus, slams breach response

A class-action complaint was filed against Neiman Marcus in the Eastern District of New York on Monday, just days after the major retailer announced that an undisclosed number of payment cards may have been stolen in a breach.

Target CEO confirms malware on POS machines, talks chip cards

Target CEO confirms malware on POS machines, talks chip cards

Target CEO Gregg Steinhafel confirmed in a CNBC interview on Monday that malware introduced on point-of-sale devices is what enabled thieves to steal 40 million cards and other personal information.

Separate info on 70M stolen in Target breach

Separate info on 70M stolen in Target breach

In addition to an earlier revelation that 40M cards were pilfered, the PII of up to 70 million individuals was also stolen, according to a Friday statement by Target.

Hackers seek to decrypt PIN codes likely stolen in Target breach

Hackers seek to decrypt PIN codes likely stolen in Target breach

A group of individuals communicating in underground forums are attempting to decrypt a 50GB dump of Triple DES encrypted PIN numbers believed to have been acquired in the massive 2013 attack on retail giant Target.

Crooks steal money from ATMs using USB drives, experts weigh in

At the annual Chaos Communication Congress on Friday, German researchers demonstrated a new malware attack against ATM machines.

In light of Target breach, senators push for hearing on consumer data security

Three senators have asked that a congressional hearing on consumer data security be held as soon as possible.

A Target payment processor denies being impacted in 40M card breach

A payment processor that handles transactions for Target denied being impacted in an attack on the retail giant's point-of-sale devices.

Hundreds of thousands of card numbers stolen in casino company breach

Hundreds of thousands of card numbers stolen in casino company breach

Hundreds of thousands of gamblers who used credit and debit cards at casinos owned by Affinity Gaming may have had their accounts compromised in a potentially months-long attack on the company's payment systems.

Cards pilfered in Target breach for sale in underground markets

Cards pilfered in Target breach for sale in underground markets

Credit and debit cards and CVV codes stolen by hackers in the holiday Target breach have begun showing up in underground marketplaces.

Experts discuss implications of massive Target breach

Retail giant Target has yet to announce exactly how attackers compromised its point-of-sale devices, but researchers and security experts have already begun weighing in on the implications of such a colossal breach.

Unemployment recipients hit hard in JPMorgan Chase breach

Unemployment insurance recipients in several states have been affected in a breach of JPMorgan Chase disclosed in early December.

POS attack enabled hackers to steal 40M card numbers from Target, researchers say

POS attack enabled hackers to steal 40M card numbers from Target, researchers say

The retailer announced that it had become the target of a more than two-week-long attack that may have compromised 40 million credit and debit cards.

Brazilian authorities discover real ATM behind fake one

Brazilian authorities removed the front of a sham ATM in São Paulo and uncovered the real one behind it, as well as a new take on a classic skimming operation.

Report: In 2013, more than one million U.S. computers were infected with banking trojans

The number of infected computers in the U.S. outpaced, by far, infections in other countries, a security firm found.

Virtual currency not covered by financial regulations in Denmark

The Denmark Financial Supervisory Authority announced on Tuesday that virtual currency is not covered by existing financial regulations.

POS botnet discovered using Dexter variant

The botnet is reportedly behind the compromise of more than 20,000 payment cards in recent months.

In new campaign, Dexter point-of-sale malware strikes U.S. and abroad

In new campaign, Dexter point-of-sale malware strikes U.S. and abroad

After recently impacting banks in South Africa, the malware is now infecting point-of-sale systems throughout the globe, including those in the U.S., a security firm found.

Bitcoin theft takes down narcotics bazaar, some claim inside job

Sheep Marketplace, an illicit drug bazaar available over the Tor network, shut down last weekend after millions in bitcoins were plundered from the website.

Funds of RBS customers unavailable during Cyber Monday glitch

The system crash reportedly kept bank customers from withdrawing money from ATMs and from carrying out mobile and online transactions.

In search of some cheer

In search of some cheer

Like no other year before it, 2013 illustrated for the entire globe just how essential cyber security is to business endurance, economic durability and personal rights to privacy.

Bitcoin community offers up $10K bug bounty

Bitcoin community offers up $10K bug bounty

The Bitcoin community has banded together to offer a crowd-funded $10,000 bounty for whoever fixes a Mac OS X Bitcoin LevelDB data corruption issue.

More than a million dollars in Bitcoins stolen by hackers

Last week hackers stole 1,295 Bitcoins - more than a million dollars - from Denmark-based Bitcoin exchange BIPS.

Financial malware 'i2Ninja' being sold on Russian cyber crime forum

Although it has yet to be discovered in the wild, researchers have uncovered a sneaky piece of financial malware, known as i2Ninja, being sold on a Russian cyber crime forum.

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