Peter Strozniak asks a question many should be asking: how did this go on for so long without being detected? One of New Jersey’s smallest credit unions was directly connected to a sprawling criminal enterprise that led to the largest customer data theft case in history, which involved the nation’s biggest bank, according to court…
Category: Financial Sector
Spy Banker Trojan Being Hosted On Google Cloud
Sara Peters reports: The Spy Banker Trojan is spreading through Brazil through the help of Google and Facebook, according to researchers at ZScaler ThreatLabZ. Attackers host the Spy Banker downloader on Google Cloud servers. The downloader, in turn, installs the payload Spy Banker Trojan Telax. Victims are infected by drive-by download or led to it via…
Deutsche Bank’s Japan arm to face penalty for information leak
Tang See Kit reports: Japan’s securities-market watchdog said on Tuesday (Dec 8) it has asked the Financial Services Agency (FSA) to penalise Deutsche Bank’s brokerage unit in Tokyo for the improper sharing of information about a company’s earnings with its clients. The Securities and Exchange Surveillance Commission (SESC) recommended that the FSA take “administrative action”…
Morgan Stanley Suspected Russian Hackers in Client-Data Breach
Justin Baer reports: Morgan Stanley suspected that Russian hackers stole client data from a former financial adviser who pleaded guilty to illegally accessing the bank’s computers and taking the information home with him. Galen Marsh, who was fired from the Wall Street firm in January for viewing and copying account information on other advisers’ clients, pleaded guilty…
Reserve Bank of Australia computer network breach blamed on Indonesia
Peter Lloyd reports: The Reserve Bank of Australia (RBA) believes Indonesia was behind a breach of its computer network two years ago. It is the second report of a cyber attack on a key Australian Government department, after China was blamed earlier today for a breach at the Bureau of Meteorology (BoM). The RBA will not confirm…
After asking bank for $3 million ransom, hacker dumps massive customer financial database
Kevin Collier reports that “Hacker Buba,” the individual who allegedly hacked InvestBank in the UAE, has made good on his threat to dump customer bank data if the bank didn’t pay his extortion demand. The means by which that information was posted is striking. Hacker Buba initially tweeted from accounts like @investbank_2, though those were…