Banking Related Topics 
Schneier on Security
MAY 20, 2021
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.
Malwarebytes
OCTOBER 31, 2024
An Android banking Trojan called FakeCall is capable of hijacking the phone calls you make to your bank. Instead of reaching your bank, your call will be redirected to the cybercriminals. The Trojan accomplishes this by installing itself as the default call handler on the infected device.
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Security Affairs
NOVEMBER 30, 2024
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
Schneier on Security
MARCH 22, 2021
This is a longish video that describes a profitable computer banking scam that’s run out of call centers in places like India. And three, it’s an evolving tactic that gets around banks increasingly flagging blocking suspicious electronic transfers.
Speaker: Alex Jiménez, Managing Principal, Financial Service Consulting for EPAM
From a budget standpoint, US banks are feeling the pinch. Many US banks are bracing for increased defaults and lower demand for mortgages and other loans as interest rates have increased. The largest banks have increased reserves to protect against deteriorating economic conditions. Global economic conditions are soft at best.
Security Affairs
OCTOBER 30, 2024
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.
Security Affairs
NOVEMBER 5, 2024
The ToxicPanda Android malware has infected over 1,500 devices, enabling attackers to perform fraudulent banking transactions. Cleafy researchers spotted a new Android banking malware, dubbed ToxicPanda, which already infected over 1,500 Android devices. ” reads the report published by Cleafy.
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
Speaker: Elizabeth "Paige" Baumann, Founder and CEO of Paige Baumann Advisory, LLC
Paige Baumann will walk us through the impacts of the AMLA, and you'll leave this session with a new understanding of: The catalysts for this new law and how it amended the Bank Secrecy Act of 1970 Rulemaking and other actions taken by the U.S. The AMLA represents the most significant changes in U.S.
Speaker: William Hord, Senior VP of Risk & Professional Services
Does our bank understand and support the importance of a strong ERM program to continue to position our company for growth? How are we measuring and rating our risk impact, likelihood, and controls to mitigate our risk? Are we leveraging risk velocity and vulnerability to obtain more granular residual risk results?
Speaker: Karl Camilleri, Cloud Services Product Manager at phoenixNAP
As a result, data protection needs to be a concern for most banks, businesses, and information technology specialists. million attacks, the threat marked a 148% increase compared to 2020 and was the most expensive year on record! It’s mindboggling, but right now for 49% of respondents, cybersecurity is their primary business concern.
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