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How Cryptocurrency Turns to Cash in Russian Banks

Krebs on Security

A financial firm registered in Canada has emerged as the payment processor for dozens of Russian cryptocurrency exchanges and websites hawking cybercrime services aimed at Russian-speaking customers, new research finds. wtf, and PQHosting ; -sites selling aged email, financial, or social media accounts, such as verif[.]work

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China-based SMS Phishing Triad Pivots to Banks

Krebs on Security

But experts say these groups are now directly targeting customers of international financial institutions, while dramatically expanding their cybercrime infrastructure and support staff. The site will then complain that the visitor’s bank needs to “verify” the transaction by sending a one-time code via SMS.

Phishing 227
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Cybercrime Rapper Sues Bank over Fraud Investigation

Krebs on Security

A partial selfie posted by Puchmade Dev to his Twitter account. In January, KrebsOnSecurity wrote about rapper Punchmade Dev , whose music videos sing the praises of a cybercrime lifestyle. That story showed how Punchmade’s social media profiles promoted Punchmade-themed online stores selling bank account and payment card data.

Banking 289
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Fintech Giant Finastra Investigating Data Breach

Krebs on Security

Finastra, which provides software and services to 45 of the world’s top 50 banks, notified customers of the security incident after a cybercriminal began selling more than 400 gigabytes of data purportedly stolen from the company. However, it did reference many of the same banks called out as Finastra customers in the Nov.

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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 142
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Russian authorities arrest three suspects behind Mamont Android banking trojan

Security Affairs

Russian authorities arrested three suspects for developing Mamont, a newly identified Android banking trojan. Russian authorities arrested three suspects in Saratov for developing Mamont (Russian for mammoth), a recently discovered Android banking trojan. Mamont can also spread to contacts in the victims messenger app.

Banking 107
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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 132