banking

Pierluigi Paganini August 22, 2012
New raise of Citadel malware…banking again under attack

The FBI has launched an alert titled “Citadel Malware Continues to Deliver Reveton Ransomware in Attempts to Extort Money “ One of the sectors most targeted by cyber attacks and by malware is the banking, during the last months we have read several times of agents developed to steal credentials of accounts and to realize complex frauds. […]

Pierluigi Paganini August 17, 2012
Botnet around us, are we nodes of the Matrix?

Article Published on The Hacker New Magazine – August Edition “Botnet” Introduction The nightmare of millions of infected computers synchronized to conduct an attack on specific target finds materialization in the concept of botnet. In the classic architecture each machine, named bot, executes orders sent by a master unit called bootmaster, which can instruct the various […]

Pierluigi Paganini August 12, 2012
Understanding risks of different types of Mobile Banking transactions

Article published on The Malta Indipendent Ron Kelson, Pierluigi Paganini, Fabian Martin, David Pace, Benjamin Gittins   Many people are inclined to leave the responsibility for personal banking security entirely with the banks. However, this is not a good strategy for many reasons, including: You don’t want malware of ANY sort on your computing device(s) Even […]

Pierluigi Paganini August 06, 2012
Phishing the financial and banking seas

Article published on The Malta Indipendent Ron Kelson, Pierluigi Paganini, Fabian Martins, David Pace and Benjamin Gittins Every day the international SWIFT banking network processes financial transactions (relayed between banks) valued at literally trillions of dollars. Today, most of the >1 billion personal computers connected to the Internet are now at least occasionally involved in e-banking, […]

Pierluigi Paganini July 23, 2012
Malware… It’s all about you…

Article published on The Malta Indipendent by Ron Kelson, Pierluigi Paganini, Benjamin Gittins, David Pace The military strategist Carl von Clausewitz stated: “All war presupposes human weakness and seeks to exploit it.” Malicious software (malware) is software that is explicitly designed to exploit vulnerabilities in computing devices and human users to the malicious advantage of the malware […]

Pierluigi Paganini June 20, 2012
Malware and new sophisticated cyber techniques against banking

Money motivates the cyber assault to banking by cybercrime, but the finance world is also considered a privileged target for sponsored-state attacks as part of cyber offense strategies. Let’s consider that the banking world is profoundly changing, the introduction of mobile devices, social networks, the openess to web services, the coming of new technologies such […]

Pierluigi Paganini April 17, 2012
Iran, 3M bank accounts hacked.Hypothesis on cyber warfare scenario

The story that I desire to report seems the plot of a movie, Khosrow Zarefarid an Iranian software manager after finding security vulnerability in Iran’s banking system tried to inform the management of the affected banks preparing a detailed report. As usually the bank’s manager ignored the alert so the Iranian expert decided to demonstrate the […]