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Report: Big U.S. Banks Are Stiffing Account Takeover Victims

Krebs on Security

consumers have their online bank accounts hijacked and plundered by hackers, U.S. But new data released this week suggests that for some of the nation’s largest banks, reimbursing account takeover victims has become more the exception than the rule. Bank , and Wells Fargo.

Banking 285
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Bizarro Banking Trojan

Schneier on Security

Bizarro is a new banking trojan that is stealing financial information and crypto wallets. …the program can be delivered in a couple of ways­ — either via malicious links contained within spam emails, or through a trojanized app.

Banking 363
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Hackers stole millions of dollars from Uganda Central Bank

Security Affairs

Financially-motivated threat actors hacked Uganda ‘s central bank system, government officials confirmed this week. Ugandan officials confirmed on Thursday that the national central bank suffered a security breach by financially-motivated threat actors. The Daily Monitor newspaper reported that the attackers stole 47.8

Banking 141
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New version of Android malware FakeCall redirects bank calls to scammers

Security Affairs

The latest FakeCall malware version for Android intercepts outgoing bank calls, redirecting them to attackers to steal sensitive info and bank funds. The malware allows operators to steal bank users’ sensitive information and money from their bank accounts. ” reads the report published by Zimperium.

Banking 131
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Everything You Need to Know About Crypto

Speaker: Ryan McInerny, CAMS, FRM, MSBA - Principal, Product Strategy

May 18th, 2023 at 9:30 am PDT, 12:30 pm EDT, 5:30 pm BST

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SMS About Bank Fraud as a Pretext for Voice Phishing

Krebs on Security

Smishing messages usually include a link to a site that spoofs a popular bank and tries to siphon personal information. But increasingly, phishers are turning to a hybrid form of smishing — blasting out linkless text messages about suspicious bank transfers as a pretext for immediately calling and scamming anyone who responds via text.

Banking 363
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Warning: Hackers could take over your email account by stealing cookies, even if you have MFA

Malwarebytes

The Federal Bureau of Investigation (FBI) has issued a warning that cybercriminals are taking over email accounts via stolen session cookies, allowing them to bypass the multi-factor authentication (MFA) a user has set up. Cybercriminals could use your account to spread spam and phishing emails to your contacts.