There’s an update to a case previously noted on this site. From RadioFreeEurope/RadioLiberty: The United States has deported a Russian hacker who was sentenced to 48 months in prison for stealing hundreds of thousands of dollars from online banking accounts using malicious software known as NeverQuest. Officials from the Russian Embassy in the United States…
Category: Financial Sector
China launches cyber attacks on government websites and banks following India massacre
Grace Macrae reports: China has opened another front against India with sustained cyber attacks targeting government websites and banking systems. The Chinese DDOS (distributed denial of service) attacks have targeted information websites and the country’s financial payments system. DDOS attacks are malicious attempts to overwhelm a network by flooding it with artificially created internet traffic….
KR: Police Launch Probe into Possible Leak of Credit Card Data
KBS reports that Seoul police are investigating a “possible massive leak” of data of local credit and debit cards. Police said on Monday that they seized two external hard drives from a suspect surnamed Lee, who allegedly attempted to hack into the computer network of a local commercial bank last year. The seized hard drives…
ZA: Postbank to replace 12m bank cards after security breach
ITWeb reports: The Postbank is having to replace about 12 million bank cards at a cost of R1 billion after a major security breach that exposes the personal data of millions of social grant beneficiaries and other account holders, Sunday Times reports. The report says the breach resulted from the printing of the bank’s encrypted master…
FBI Warns Of Increasing Use of Trojans in Banking Apps
Akshaya Asokan reports: The FBI is warning that cybercriminals and fraudsters are increasingly targeting mobile banking apps with malware in order to steal credentials and conduct account takeover attacks. In a public alert published Wednesday, the FBI’s Internet Crime Complaint Center warns that fraudsters have increasingly used malicious apps as the COVID-19 pandemic has driven an increasing number of…
Bulgarian jailed for stealing bank account data
Phan Anh reports: A Bulgarian man was sentenced to seven months and 15 days in jail on Wednesday for stealing and storing bank account information in HCMC. Stamov Ruslan Todorvo, 37, entered Vietnam last October and stayed in Ho Chi Minh City’s District 7. He frequented several ATMs of different banks to install a device…