The Fight against Financial Cyber Crime

By Owais Sultan The financial services industry is a lucrative target and is disproportionately affected by the rise of cyber crime. Let's discuss its prevention measures. This is a post from HackRead.com Read the original post: The Fight against Financial Cyber Crime...

The Rise of Ransomware

With most employees still working from remote locations, ransomware attacks have increased steadily since the early months of the Covid-19 pandemic. According to the FBI’s 2020 Internet Crime Report 2400+ ransomware-related incidents in 2020 resulted in a loss of about 29 million dollars. These...

Streamline Customer Screening Today. Here’s How.

By Waqas When it comes to preventing financial crime such as anti-money laundering, organizations need to make use of a customer screening process that takes human errors into account - Let's dig deeper! This is a post from HackRead.com Read the original post: Streamline Customer Screening Today...

Europol Busts Major Crime Ring, Arrests Over 100 Online Fraudsters

Law enforcement agencies in Italy and Spain have dismantled an organized crime group linked to the Italian Mafia that was involved in online fraud, money laundering, drug trafficking, and property crime, netting the gang about €10 million $11.7 million in illegal proceeds in just a year. "The...

Sextortion on the rise, warns FBI

The pandemic saw a surge in sextortion cases in 2020. Fast forward 12 months, and the numbers continue to rise significantly. This revelation came from the FBI Internet Crime Complaint Center IC3. Until 31 July 2021, it had received over 16,000 sextortion complaints, with victims losing a combine...

How Groove Gang is Shaking up the RAAS to Empower Affiliates

ARCHIVED STORY How Groove Gang is Shaking up the Ransomware-as-a-Service Market to Empower Affiliates By Max Kersten, John Fokker and Thibault Seret · September 08, 2021 Co-authored with Intel471 and McAfee Enterprise Advanced Threat Research ATR would also like to thank Coveware for its...

Hurricane-Related Scams

CISA warns users to remain on alert for malicious cyber activity targeting potential disaster victims and charitable donors following a hurricane. Fraudulent emails—often containing malicious links or attachments—are common after major natural disasters. Exercise caution in handling emails with...

Citizen's New Service Helps Paying Users Summon the Cops

The crime-tracking app is charging $20 per month to give subscribers access to their own virtual security service...

Best Practices to Thwart Business Email Compromise (BEC) Attacks

Business email compromise BEC refers to all types of email attacks that do not have payloads. Although there are numerous types, there are essentially two main mechanisms through which attackers penetrate organizations utilizing BEC techniques, spoofing and account take-over attacks. In a recent...

CVE-2021-2448

Vulnerability in the Oracle Financial Services Crime and Compliance Investigation Hub product of Oracle Financial Services Applications component: Reports. The supported version that is affected is 20.1.2. Difficult to exploit vulnerability allows high privileged attacker with logon to the...

Buffer overflow

Vulnerability in the Oracle Financial Services Crime and Compliance Investigation Hub product of Oracle Financial Services Applications component: Reports. The supported version that is affected is 20.1.2. Difficult to exploit vulnerability allows high privileged attacker with logon to the...

Oracle Financial Services Crime and Compliance Investigation Hub has an unspecified vulnerability

Oracle Financial Services Crime and Compliance Investigation Hub, an end-user application for comprehensive financial crime investigations, has a security vulnerability in the Reports component of Oracle Financial Services Crime and Compliance A security vulnerability exists in the Reports...

CVE-2021-2448

CVE-2021-2448 affects Oracle Financial Services Crime and Compliance Investigation Hub, Reports component, in version 20.1.2. The vulnerability is described as exploitable by a highly privileged attacker who can log on to the infrastructure where Investigation Hub runs and must rely on user inter...

CVE-2021-2448

Vulnerability in the Oracle Financial Services Crime and Compliance Investigation Hub product of Oracle Financial Services Applications component: Reports. The supported version that is affected is 20.1.2. Difficult to exploit vulnerability allows high privileged attacker with logon to the...

CVE-2021-2448: Undefined Security Weakness

Vulnerability in the Oracle Financial Services Crime and Compliance Investigation Hub product of Oracle Financial Services Applications component: Reports. The supported version that is affected is 20.1.2. Difficult to exploit vulnerability allows high privileged attacker with logon to the...

PT-2021-7202

Name of the Vulnerable Software and Affected Versions Oracle Financial Services Crime and Compliance Investigation Hub version 20.1.2 Description The issue exists due to insufficient input validation in the Reports component of Oracle Financial Services Crime and Compliance Investigation Hub,...

Spike in “Chain Gang” Destructive Attacks on ATMs

Last summer, financial institutions throughout Texas started reporting a sudden increase in attacks involving well-orchestrated teams that would show up at night, use stolen trucks and heavy chains to rip Automated Teller Machines ATMs out of their foundations, and make off with the cash boxes...

Hacker Wanted in the U.S. for Spreading Gozi Virus Arrested in Colombia

Colombian authorities on Wednesday said they have arrested a Romanian hacker who is wanted in the U.S. for distributing a virus that infected more than a million computers from 2007 to 2012. Mihai Ionut Paunescu aka "Virus", the individual in question, was detained at the El Dorado airport in...

Don Spies and Kim Grauer on tracking illicit Bitcoin transactions

In this episode of Security Nation, we’re joined by Don Spies and Kim Grauer of Chainalysis. They discuss the relationship between ransomware and cryptocurrency and how Chainalysis leverages unique characteristics of the latter to combat the former. Stick around for our Rapid Rundown, where Tod a...

How Cyber Sleuths Cracked an ATM Shimmer Gang

In 2015, police departments worldwide started finding ATMs compromised with advanced new "shimming" devices made to steal data from chip card transactions. Authorities in the United States and abroad had seized many of these shimmers, but for years couldnt decrypt the data on the devices. This is...