16 Aug 2018

India’s Cosmos Bank loses $13.5 mln in cyber attack

Cyber thieves stole $13.5 million by using malware to withdraw cash in 14,849 transactions in 28 countries, all within 2 hours. The malware attack redirected payments to a proxy switching system responsible for processing payment requests. This proxy approved the fraudulent requests. Police are pursuing the matter, but with little

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16 Aug 2018

FBI warns banks of potential ‘unlimited’ ATM heist

The FBI has issued warnings to U.S. banks of a suspected “cash out” that may steal millions by using cloned ATM cards. The effort has been globally organized and could be launched anytime. The attack is most likely connected to an unknown or undisclosed card issuer breach.  Source: FBI warns

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07 Aug 2018

How to not get hacked at Black Hat

“Few environments provide a more target-rich environment for cyber criminals than the estimated 17,000 information security experts gathered in Las Vegas this week for the annual Black Hat security conference. Cyber threats at the show can be abundant. ‘We see it all,’ Black Hat General Manager Steve Wylie told Fifth

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03 Aug 2018

Government workers in Alaskan town switch to typewriters after cyber-attack

A small Alaskan borough has switched to typewriters while their computer systems are rebuilt following a ransomware attack that disabled nearly all of its 500 computers and 120 servers. The ransomware also extended to some of the department’s back-up data. The borough is not paying the ransom, and the “encrypted

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03 Aug 2018

South Korea deploys forces after hostage taken in Libya

South Korea is moving a destroyer towards Libya while a special forces team is on standby in Greece after a South Korean national was taken hostage along with three Filipinos were kidnapped my insurgents a number of weeks ago. South Korea has maintained a significant presence in Libya, mostly in

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02 Aug 2018

Three Ukrainians Arrested for Hacking Over 100 US Companies

“Three Ukrainians have been arrested for hacking more than 100 US companies and stealing millions of customer records, the Department of Justice announced Wednesday. ‘Since at least 2015, FIN7 members engaged in a highly sophisticated malware campaign targeting more than 100 US companies, predominantly in the restaurant, gaming, and hospitality

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01 Aug 2018

Kremlin Hackers Take Aim at the Swiss Lab That’s Working the Skripal Poisoning Case

A state-backed Russian hacking group that targeted the Ukrainian power grid is now “targeting a Swiss laboratory that’s helping investigators solve the March poisoning of Sergei Skripal and his daughter in London. Called Sandworm, the group has been trying to phish employees of Switzerland’s Spiez Laboratory, a chemical-and biological-weapons facility that

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01 Aug 2018

Advanced “Malvertising” Campaign Exploits Online Advertising Supply Chain

A “Malvertising” campaign has used legitimate online advertising supply chains to distribute malicious adverts around the world. Because the return from clicks on malicious ads is so instantaneous, the posters are willing and able to outbid legitimate advertisements. “The ads often contain malicious code that exploits unpatched vulnerabilities in browsers

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01 Aug 2018

Hacker(s) Allegedly Stole Millions by Hijacking Phone Numbers

A 20-year-old American allegedly used an increasingly popular “SIM swapping” technique to gain control of targeted phones, mainly those owned by cryptocurrency investors, and steal over $5 million in cryptocurrency and other information. The technique requires convincing a mobile provider like AT&T or T-Mobile to transfer a number to another

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24 Jul 2018

Airlines report reduced demand for Mexico amid safety concerns for travelers

Airlines have witnessed a drop in demand for flights to Mexican beach resort destinations over recent months due to ongoing security concerns from vacationers. Delta Air Lines president said that weakness in Mexican markets have been offset by Central America and the Caribbean, which has recovered from last year’s hurricanes

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