Two Canadian banks say accounts compromised: CIBC 40,000 and BMO 50,000 Two Canadian banks warned Monday they have been targeted by hackers, and that the personal information of tens of thousands of customers may have been stolen — something that appeared to be confirmed in a letter to the media from someone who said they were demanding a $1-million ransom from the banks. CIBC-ownedSimplii Financial was… Read More
Scammers raid man’s bank account while he waits on hold to fraud hotline A man watched helplessly as cybercriminals stole £9,000 (nearly US$12,000) from his account at British bank TSB while he waited – for four-and-a-half hours – to get through to the bank’s fraud line, according to a BBC report. Ben Alford, of Weymouth in the United Kingdom, has described how he put in a call to… Read More
BackSwap malware finds innovative ways to empty bank accounts To steal money from a victim’s account via the internet banking interface, typical banking malware will inject itself or its specialized banking module into the browser’s process address space. For many reasons, this is not an easy task – first of all, as mentioned before, the injection might be intercepted by a third-party security solution.… Read More
Russian hackers stole 860,000 euros from 32 ATMs belonging to the Raiffeisen Romania in just one night Cybercriminals stole 3.8 million slopes (860,000 euros) from 32 ATMs belonging to the Raiffeisen Romania bank using an infected RTF document. The criminal organization led by Dmitriy Kvasov operated in Romania, the gang stole the money in just one night in 2016. Source: securityaffairs… Read More
What Is Your Bank’s Security Banking On? A large number of banks, credit unions and other financial institutions just pushed customers onto new e-banking platforms that asked them to reset their account passwords by entering a username plus some other static identifier — such as the first six digits of their Social Security number (SSN), or a mix of partial SSN, date… Read More