banking

Pierluigi Paganini December 19, 2016
LinkedIn Lynda.com online learning platform started notifying users of data breach

Lynda.com is notifying customers a data breach, according to the company an unauthorized third party accessed a database containing user information. Lynda.com is an online learning platform that was acquired last year by LinkedIn. The company started notifying its customers over the weekend, hackers accessed learning data, including attempted courses and contact data. At the time […]

Pierluigi Paganini December 15, 2016
BlackEnergy hackers, now TeleBots, target Ukrainian banks

The BlackEnergy hacker group that targeted the Ukrainian grid one year ago, now identified as TeleBots, are targeting Ukrainian banks. The BlackEnergy hacker group that targeted the Ukrainian grid one year ago causing a power outage in the country are now targeting Ukrainian banks. The Ukrainian government accused Russia of being involved in the attack, […]

Pierluigi Paganini December 03, 2016
Distributed Guessing Attack to hack VISA cards in just six seconds

A group of security researchers discovered a new method dubbed Distributed Guessing Attack to hack VISA credit card in just 6 seconds. A group of security researchers from the Newcastle University devised a method to hack VISA credit cards is just six seconds. The technique relies on a Distributed Guessing Attack in which online payment websites […]

Pierluigi Paganini December 02, 2016
FSB accuses foreign hackers of plotting to undermine the Russian banks

According to the FSB unnamed foreign hackers are planning to undermine Russian Banks with cyber attacks and PSYOPS via social media. The Kremlin is accusing unnamed foreign hackers of plotting to undermine the Russian banks in the country. The Russian Government believes that foreign powers plan to conduct a PSYOps to destabilize the banks. Hackers […]

Pierluigi Paganini November 29, 2016
Customers of Liechtenstein banks blackmailed after data breach

Hackers first breached Liechtenstein banks then tried to monetize their efforts by threatening to disclose customers sensitive information. Hackers are targeting Liechtenstein banks, they breached a financial institution and accessed its data threatening to disclose it. The situation is particularly concerning due to sensitive nature of the data that are stolen by crooks. Cyber criminals, […]

Pierluigi Paganini November 25, 2016
Crooks steal millions from European ATMs with jackpotting attacks

Criminal gangs like the Cobalt gang are now focusing their efforts on the banks to steal cash directly from the ATMs with jackpotting attacks. Security experts are assisting a change of tactics for the criminal organizations who target the ATMs and online banking credentials. Crooks are now focusing their efforts on the banks in the attempt to […]

Pierluigi Paganini November 11, 2016
For the first time massive DDoS attacks hit Russian banks in 2016

A number of prolonged DDoS attacks hit at least five Russian banks this week and experts suspect the involvement of the Mirai Botnet once again. A wave of DDoS attacks hit at least five Russian banks with prolonged DDoS attacks this week. Among the victims of the DDoS attacks against the online banking services there […]

Pierluigi Paganini November 07, 2016
Tesco Bank suspended all online transactions due to a cyber heist

Tesco Bank halted all online transactions after a cyber heist affected thousands of its customers. An investigation is ongoing. Tesco Bank is going to adopt a strong measure in response to a cyber attack, the financial institution will freeze customers’ online transactions. The measure was announced by the chief executive Benny Higgins, the bank has admitted […]

Pierluigi Paganini October 21, 2016
Cyber Criminal can easily get access to your YesBank Internet Banking using stolen Debit/Credit Card Number and PIN

A security researcher disclosed a vulnerability in the online banking service of the YesBank that promptly fixed the issue. I am a customer of YesBank and I hold my savings account with them. I also use the YesBank’s online banking application and I strongly feel that the application of the bank must be secured. So, as […]

Pierluigi Paganini October 18, 2016
British banks downplay security breaches

Banks and financial institution in the UK are reportedly failing to disclose the full extent security breaches they are experiencing. UK banks are reportedly failing to disclose the full extent of the number and nature of security incidents they are experiencing due to a fear of financial punishment and negative publicity. Banking execs and security […]