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New Linux FASTCash Variant: Threats to Banking Systems

Hacker's King

The cybersecurity world has been abuzz with news of a new Linux variant of FASTCash, a sophisticated malware targeting the banking sector. FASTCash has gained notoriety for its ability to bypass banking security protocols, enabling cybercriminals to withdraw massive amounts of cash from ATMs.

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Cyber Security in Banking: Threats, Solutions & Best Practices

eSecurity Planet

Cyber security in banking has become the frontline defense against an ever-growing wave of digital threats. With billions of dollars and sensitive data at risk, banks are under constant pressure to stay one step ahead of cybercriminals. Table of Contents Toggle What is Cyber Security in Banking?

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Two hacker groups attacked Russian banks posing as the Central Bank of Russia

Security Affairs

Group-IB has detected massive campaigns targeting Russian financial institutions posing as the Central Bank of Russia. The emails were disguised to look as if they come from the Central Bank of Russia and FinCERT, the Financial Sector Computer Emergency Response Team. Group-IB system blocked this threat in inline mode. .

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Beyond Checkboxes: The Essential Need for Robust API Compliance

Security Boulevard

The increasing frequency of data breaches and the sophistication of cyber threats highlight the pressing need for strong API security. Open Banking and PSD2: The growth of open banking has increased dependency on APIs for financial transactions.

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AI and Cyber Security: Innovations & Challenges

eSecurity Planet

As cyber threats become increasingly sophisticated, integrating artificial intelligence (AI) into cybersecurity is more than a passing trend — it’s a groundbreaking shift in protecting our digital assets. As cyber-attacks grow increasingly complex, leveraging AI becomes crucial for staying ahead of emerging threats.

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Major Texas-based Bank Bolsters Cybersecurity Posture with Addition of IronNet Collective Defense Platform

CyberSecurity Insiders

(NYSE: IRNT) (“IronNet”), an innovative leader transforming cybersecurity through Collective Defense, today announced that a Texas-based bank — which is remaining anonymous for operational security reasons — has chosen IronNet’s Collective Defense platform to help it defend against increased cyber threats facing the financial sector.

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Obrela’s 2022 Digital Universe Study – A look at today’s threat landscape  

IT Security Guru

The study also looks into which sectors are most vulnerable to cyber criminals, with banking & financial services, and government/corporate being at the top of the list. Victims are taken to an impersonation site, via a phishing link, which will prompt them to enter personal information, including bank details or passwords.

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