Financial cyberthreats in 2023

Money is what always attracts cybercriminals. A significant share of scam, phishing and malware attacks is about money. With trillions of dollars of digital payments made every year, it is no wonder that attackers target electronic wallets, online shopping accounts and other financial assets,...

35-year long identity theft leads to imprisonment for victim

Sometimes the consequences of a stolen identity exceed anything you could have imagined. Matthew David Keirans, a 58-year-old former hospital employee has pleaded guilty to assuming another man’s identity since 1988. He was convicted of one count of making a false statement to a National Credit...

New Wave of JSOutProx Malware Targeting Financial Firms in APAC and MENA

Financial organizations in the Asia-Pacific APAC and Middle East and North Africa MENA are being targeted by a new version of an "evolving threat" called JSOutProx. "JSOutProx is a sophisticated attack framework utilizing both JavaScript and .NET," Resecurity said in a technical report published...

Detecting and mitigating a multi-stage AiTM phishing and BEC campaign

Microsoft Defender Experts uncovered a multi-stage adversary-in-the-middle AiTM phishing and business email compromise BEC attack against banking and financial services organizations. The attack originated from a compromised trusted vendor and transitioned into a series of AiTM attacks and...

Crimeware and financial cyberthreats in 2023

A look back on the year 2022 and what to expect in 2023 Every year, as part of the Kaspersky Security Bulletin, we predict which major trends will be followed in the coming year by attackers, who target financial organizations. The predictions, based on our extensive experience, help individuals...

OPERA1ER APT Hackers Targeted Dozens of Financial Organizations in Africa

A French-speaking threat actor dubbed OPERA1ER has been linked to a series of more than 30 successful cyber attacks aimed at banks, financial services, and telecom companies across Africa, Asia, and Latin America between 2018 and 2022. According to Singapore-headquartered cybersecurity company...

Hackers Use Evilnum Malware to Target Cryptocurrency and Commodities Platforms

The advanced persistent threat APT actor tracked as Evilnum is once again exhibiting signs of renewed activity aimed at European financial and investment entities. "Evilnum is a backdoor that can be used for data theft or to load additional payloads," enterprise security firm Proofpoint said in a...

FIN8 Targets US Bank With New ‘Sardonic’ Backdoor

The financially motivated FIN8 cybergang used a brand-new backdoor – dubbed Sardonic by the Bitdender researchers who first spotted it – in attempted but unsuccessful breaches of networks belonging to two unidentified U.S. financial organizations. It’s a nimble newcomer, researchers wrote: “The...

Take action! Multiple Pulse Secure VPN vulnerabilities exploited in the wild

Pulse Secure has alerted customers to the existence of an exploitable chain of attack against its Pulse Connect Secure PCS appliances. PCS provides Virtual Private Network VPN facilities to businesses, which use them to prevent unauthorized access to their networks and services. Cybersecurity...

Russian Hacking Group Targeting Banks Worldwide With Evolving Tactics

Silence APT, a Russian-speaking cybercriminal group, known for targeting financial organizations primarily in former Soviet states and neighboring countries is now aggressively targeting banks in more than 30 countries across America, Europe, Africa, and Asia. Active since at least September 2016...

Financial Cyberthreats in 2018

Introduction and Key Findings The world of finance has been a great source of income cybercriminals across the world due to an obvious reason – money. While governments and organizations have been investing in new methods to protect financial services, malicious users have been investing in how t...

IT threat evolution Q3 2018

Targeted attacks and malware campaigns Lazarus targets cryptocurrency exchange Lazarus is a well-established threat actor that has conducted cyber-espionage and cybersabotage campaigns since at least 2009. In recent years, the group has launched campaigns against financial organizations around th...

CyberThursday: Asset Inventory, IT-transformation in Cisco, Pentest vs. RedTeam

Two weeks ago I was speaking at a very interesting information security event - CyberThursday. This is a meeting of a closed Information Security practitioners group. The group is about 70 people, mainly from the financial organizations, telecoms and security vendors. These meetings have a rather...

Olympic Destroyer Returns to Target Biochemical Labs

Olympic Destroyer, the threat actor that caused a crippling sabotage attack on the networks supporting this year’s Winter Games in Pyeongchang, South Korea, has resurfaced with a spy campaign – and with a wider target range. The new campaign began last month and is ongoing, employing spear-phishi...

Olympic Destroyer is still alive

In March 2018 we published our research on Olympic Destroyer, an advanced threat actor that hit organizers, suppliers and partners of the Winter Olympic Games 2018 held in Pyeongchang, South Korea. Olympic Destroyer was a cyber-sabotage attack based on the spread of a destructive network worm. Th...

Panda Banking Trojan Diversifies into Cryptocurrency, Porn, Other Targets

The Panda banking trojan, a spin-off from the infamous Zeus malware, is widening its net to attack more than just financial services targets, as seen in three ongoing campaigns discovered in May. The Windows-focused Panda is far from the cuddly thing its name would suggest. It has a full arsenal ...

This Week in Security News: Hackers and Ransoms

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, we saw discussion on the ransomware attacks plaguing institutions in the New Year, and emerging malware targeting Meltdown/Spectre patches...

SWIFT Warns Banks Of More Cyberattacks

Reports of additional attacks against banks that use SWIFT, the global financial transaction messaging network, came to light Wednesday. The attacks were reportedly persistent, sophisticated and in some cases successful, impacting an undisclosed number of financial institutions. It’s the latest...