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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 com and rdp[.]monster;

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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 225
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Cybercrime Rapper Sues Bank over Fraud Investigation

Krebs on Security

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. PNC Bank did not respond to a request for comment.

Banking 286
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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 112
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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 140
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Cisco states that data published on cybercrime forum was taken from public-facing DevHub environment

Security Affairs

Cisco confirms that data published by IntelBroker on a cybercrime forum was taken from the company DevHub environment. Cisco confirms that the data posted by IntelBroker on a cybercrime forum was stolen from its DevHub environment. The company has disabled public access to the site while we continue the investigation.