The author of a powerful banking trojan has reportedly leaked his own source code in order to get back into the good graces of the greater cybercrime community, which shunned him for breaches of rules and etiquette on cybercrime forums.
Switzerland's cognitive security operations centre will be built around IBM Watson for Cyber Security and provide in-country support to the banking sector.
U.S. prosecutors are reportedly building a case against Nort. Korea to examine the nation's potential role in the 2016 Bangladesh Bank digital heist
It's no secret that calculating an individual or company's risk varies between each task as the economics of cybersecurity remain uncertain.
Russian national Mark Vartanyan pleaded guilty on Monday to one count of computer fraud in related to his role in co-developing and distributing Citadel malware under the hacker alias Kolypto.
FireEye's annual M-Trends report finds that financial attacks have reached nation-state level of sophistication.
Nine out of 10 fraudulent applications for bank accounts and other financial products made online.
Fake HSBC emails are being spread, asking users to install a malicious version of Rapport, a legitimate security program designed to protect online bank accounts from fraud.
Developers behind Dridex have launched a major new version of the banking trojan, one that employs a unique method for injecting malicious code based on a technique called AtomBombing. And UK banks already feel the heat.
Preying on Russian businesses that rely on Remote Banking Systems, the cybercrime group RTM is using backdoor malware to first silently compromise systems, and then perform reconnaissance, swipe data and steal funds.
The number of cyberattacks targeting financial institutions and their customers soared to new heights in 2016, according to Kaspersky Lab, which observed nearly 1.09 million banking trojan attacks on users in 2016.
Malware samples recovered from watering hole attacks recently targeting banks across the globe contain false flags that fraudulently suggest Russian actors are behind the campaign, even though the most likely culprit is the Lazarus Group.
A company payroll worker was likely duped by a W-2 phishing scam resulting in cybercriminals filing false returns using stolen data.
To combat alert fatigue among its security analysts, transportation service Uber applies specially customized data sets to flagged incidents to help distinguish between genuine threats and non-malicious activities.
Users who install the malware might find their mobile devices held to ransom or bank accounts emptied.
One or more unidentified hacker groups are leveraging free and commonly available pen testing tools to attack enterprises in the finance, government and telecom sectors with "fileless" malware that resides only in a machine's RAM, making it extremely difficult to detect and analyze.
The InterContinental Hotels Group announced 12 of its U.S. hotels were affected by a payment card breach.
Arbor Networks researchers spotted the Flokibot malware family to target Point of Sale Infrastructure in Brazil and other countries.
The downloader Terdot Zloader and its accompanying Zbot banking trojan payload abuse a legitimate certificate application to spy on users and modify web content via man-in-the-middle attacks against browsers, an in-depth code analysis shows.
Three Eastern European men have been jailed in Taiwan over theft from cash machines in the country.
Russian national Stanislav Lisov who is wanted by the United States on hacking charges was arrested in Spain earlier this week.
The New York State Department of Financial Services (DFS) on Wednesday released a revised draft of an ambitious regulation designed to protect the state and its citizens from cyberattacks against financial institutions.
A 29-year-old man who infected computers around the world with malware and stole roughly $1 million from victims' bank accounts was sentenced to five years and three months in a U.K. prison.
U.S. authorities charged Bulgarian hacker, Krasimir Nikolov, age 44, with the GozNym malware attacks.
Guidelines to payment service providers, supplied by the European Central Bank, call for reporting of a breach within two hours compared to the EU GDPR requirement for reporting within 72 hours.
Kaspersky Lab researchers warn the growing popularity of Zcash could result in the return of attackers infecting users with malicious miners.
Russia's security service, the FSB, said on Friday that Russia's banks will be attacked by foreign powers in an attempt to destabilise Russia's financial system.