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...

A week in security (July 29 – August 4)

Last week on Malwarebytes Labs we discussed the security and privacy changes in Android Q, how to get your Equifax money and stay safe doing it, and we looked at the strategy of getting a board of directors to invest in government cybersecurity. We also reviewed how a Capital One breach exposed...

A week in security (May 27 – June 2)

Last week on Malwarebytes Labs, we took readers through a deep dive—way down the rabbit hole—into the novel malware called “Hidden Bee.” We also looked at the potential impact of a government agency’s privacy framework, and delivered to readers everything they needed to know about ATM attacks and...

This Week in Security News: Consumer Data and Malware

Welcome to our weekly roundup, where we share what you need to know about the cybersecurity news and events that happened over the past few days. This week, learn what security issues and critical threats will impact consumer data this year. Also, learn about a malicious Adobe app targeting macOS...

Cobalt Group Targets Banks in Eastern Europe with Double-Threat Tactic

The infamous financial cybercrime gang known as Cobalt Group has been spotted actively pushing a fresh campaign that uses a peculiar tactic: Double infection points and two command-and-control C2 servers. The Cobalt Group, a known financial cybercrime ring since 2016, has been suspected in attack...

Despite Ringleader’s Arrest, Cobalt Group Still Active

Evidence has surfaced that the Cobalt Group – the threat actors behind widespread attacks on banks and ATM jackpotting campaigns across Europe – is continuing to operate, despite the arrest of its accused ringleader in March. The Cobalt Group, first burst on the scene in 2016: in a single night,...

Hackers Steal Millions From European ATMs Using Malware That Spit Out Cash

ATM hackers who long relied on tactics of stealing payment card numbers and online banking credentials to steal millions are now targeting the bank itself to steal cash directly from the machines. Earlier this year, a gang of cyber criminals infected several ATMs with malware in Taiwan and Thaila...

Russian Hackers Manipulate Ruble-Dollar Exchange Rate with Malware

Russian Group of Hackers reportedly cracked into the Kazan-based Energobank and messed up with the Ruble-Dollar exchange rates. In Feb 2015, a hacking group, known by the name METEL, successfully breached into the Russian Regional Bank for just 14 minutes and caused the exchange rate to fluctuate...

Eight Arrested in Tyupkin ATM Hacking Takedown

European authorities dismantled a cybercrime ring last week responsible for a series of ATM attacks that ultimately led to substantial financial losses across Europe. Authorities apprehended eight Romanian and Moldovan nationals in connection with the ring following a series of house searches in...

Tyupkin ATM Malware Discovered by Kaspersky Lab

Criminals in Eastern Europe have evolved their attacks against automated teller machines, moving beyond solely targeting consumers with card skimmers that steal debit card numbers, to attacks against banks using malware that allows someone to remove money directly from an ATM without the need for...