June 10, 2019Vectra closed a $100 million round of funding led by TCV and existing investors. Vectra said it will use the investment to accelerate global market expansion and R&D innovation. November 29, 2018Venafi closed a $100 million round of financing that was led by TCV along with investment from QuestMark Partners and NextEquity Partners.…
Credit ratings agency Moody’s this week revised its rating outlook for Equifax, downgrading it from stable to negative as a result of financial losses stemming from a 2017 data breach. The move marks the very first time Moody’s has taken any kind of rating action as the result of financial fallout from a cyberattack. A…
A recent malware campaign targeting investment companies and diplomatic agencies has shed light on some of the newest practices and tools of reputed North Korean APT group ScarCruft. While investigating this campaign, researchers from Kaspersky Lab observed a tool for harvesting Bluetooth device data and were able to analyze the group’s multistage binary infection procedure.…
Twenty-four financial organizations from countries comprising the Group of Seven (G7) nations will reportedly simulate a major cross-border cyberattack on the financial sector next month. The exercise will present a scenario in which malware infects a technical component that is commonly used in the financial sector, according to a Reuters report citing Nathalie Aufauvre, director…
Researchers have noticed a recent upswing in attacks against banks featuring the Retefe banking trojan, following what was apparently a fairly quiet 2018 for the malware. The trojan is historically known for targeting the banking industry in countries like Austria, Sweden, Switzerland and the UK. Rather than using malicious web injects to execute man-in-the-browser attacks…
Cybercriminals are abusing the Yandex.Direct online advertising service in order to serve up malicious ads that target Russian accountants with the goal of infecting them with banking trojans and ransomware. Researchers from ESET have so far linked six malware programs to this campaign, which began in October and continues to this day. During periods of…
A new stealer malware dubbed Baldr has been taking the cybercrime market by storm with its capabilities including user profiling, sensitive data exfiltration, shotgun file grabbing, screencapping, and network exfiltration. Malwarebytes researchers have been monitoring the malware for the past few months and said it is the work of three threat actors: Agressor handled distribution,…
A pair of Israeli financial technology companies were recently the target of a malware campaign featuring an updated version of the rarely seen Cardinal remote access trojan, researchers from Palo Alto Networks’ Unit 42 team are reporting. And in a possibly related incident, one of the two unnamed companies was similarly attacked with EVILNUM, a…
The finance, banking and payment services industries have until September 2019 to comply with PSD2, a revised set of European Union regulations that give consumers more options and safer ways to make payments online. At RSA 2019, Geoff Sanders, director of product at anti-fraud and MFA company iovation (and former co-founder and CEO of iovation…
An active malware campaign primarily targeting U.S. corporations with a new polymorphic variant of the Qbot banking trojan has been compromising thousands of victims around the world, researchers have reported. The worm-like malware, whose original version is roughly a decade old, allows attackers to collect browsing activity and steal bank account credentials and other financial…
