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Finance

Is PSD2 the next GDPR? Not quite, but…(video)

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…

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Shifty new variant of Qbot banking trojan spreads

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…

Palisades Park receives $200,000 advance after cyberattack

As proof that not all cyberattacks leave victims broke and out of luck, the New Jersey borough of Palisades Park received a $200,000 advancement on its insurance claim this week after a breach at Mariner’s Bank, based in the nearby town of Edgewater, drained nearly half a million dollars from its accounts. Last month, a…

New 'Rombertik' malware destroys master boot record if analysis function detected

Malspam campaign fakes Google reCAPTCHA images to fool victims

A recently discovered malspam campaign targeting customers of a Polish bank was found using forgeries of Google reCAPTCHA images to fake legitimacy. The banking malware was delivered via phishing emails that purported to seekin confirmation of a recent banking transaction that in reality never occurred, according to Feb. 21 blog post published week by Sucuri. Recipients…

Wendy’s to pay $50M in data breach settlement

Wendy’s has agreed to pay $50 million to settle negligence claims following its 2015-2016 data breach that affected more than 1,000 of the burger chain’s locations. Payment card data was stolen from victims who purchased food at these locations then used fraudulently at other merchants after malware was installed through a third-party vendor. The settlement…

Phishing emails imitate North American banks to infect recipients with TrickBot

An spam-based phishing campaign recently targeted North American banking customers with malicious Excel documents designed to infect victims with a new variant of the information-stealing TrickBot banking trojan, researchers reported earlier this week. The scam dates back to at least Jan. 27 and peaked in volume on Jan. 30, according a new blog post from…

Russians targeted in Redaman banking malware operation

An ongoing email phishing campaign designed to spread Redaman banking malware aggressively targeted Russian-speakers, especially those with .ru addresses, over the last four months of 2018. Researchers at Palo Alto Networks’ Unit 42 division reported this week in a company blog post that from September through December, its threat intelligence service detected 3,845 email sessions…

Google Play boots fake apps that spy on devices’ motion sensor data before dropping Anubis malware

A fake currency converter and a phony battery utility program are among the latest fraudulent apps to be expunged from Google Play, according to researchers who discovered they were infecting users with a version of the Anubis banking malware family. Both fraudulent apps employ a crafty technique to determine whether it is safe for them…

Ukrainian nationals charged with hacking SEC docs in $4.1 million scam

Ukrainian nationals charged with hacking SEC docs in $4.1 million scam

The Department of Justice has charged two Ukrainian nationals for hacking into the Security and Exchange Commission’s (SEC) computer system to steal confidential corporate information and sell it to the highest bidder or to make trades. Artem Radchenko and Oleksandr Ieremenko were charged in the United States Court District of New Jersey with securities fraud…

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