The rise of online gambling in the country is leading to increased crime and societal issues. In response, the central bank has implemented strict measures to curb these activities. On Wednesday, May 28, the Payment Systems Department of Bangladesh Bank instructed all banks and financial institutions to enhance monitoring of …
Read More »Bank server compromised using customer’s mobile, steal ₹11 crore
Cyber fraudsters hacked the Himachal Pradesh State Cooperative Bank’s server using a customer’s mobile phone. According to reports, the fraudsters hacked a customer’s mobile banking app at the bank’s Halti branch in Chamba district and withdrew Rs 11.55 crores, which was later transferred to 20 different bank accounts. The State …
Read More »FinStealer Malware Targets Indian Bank’s Mobile Users, Stealing Credentials
CYFIRMA analysis reveals a sophisticated malware campaign that exploits a major Indian bank’s brand through fake mobile apps. These apps, distributed via phishing links and social engineering, closely resemble the real bank apps, deceiving users into sharing their credentials and personal information. The malware uses advanced techniques, such as encrypted …
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Financial Threat Assessment 2024
BCSI marks Bangladeshi 28 banks high, 10 medium for cyber attack
Bangladesh Cyber Security Intelligence (BCSI) has published Financial Threat Assessment report for 2024. In an era where financial institutions and Critical Information Infrastructure (CII) are essential to both economic and national stability, the growing frequency and complexity of cyber threats have underscored a pressing truth: Bangladesh’s national security is under …
Read More »New NGate Trojan Drains Bank Accounts via ATMs
Malware analysts at Doctor Web have identified new versions of the NGate banking trojan. This malware steals data from the device’s NFC chip, enabling attackers to withdraw money from victims’ accounts at ATMs without their knowledge. The NGate banker was first noticed by antivirus vendors in autumn 2023 due to …
Read More »Android malware attack Indian banks: Infected 419 devices
Researchers discovered a new Android banking trojan aimed at Indian users. This malware pretends to be essential utility services to deceive users into sharing sensitive information. The malware has compromised 419 devices, intercepted 4,918 SMS messages, and stolen 623 banking credentials. The ongoing campaign is expected to affect more devices …
Read More »New DroidBot malware to attack 77 banks and CES globally
DroidBot is a sophisticated Android Remote Access Trojan (RAT) that merges traditional hidden VNC and overlay functions with spyware-like features. It includes a keylogger and monitoring tools for intercepting user actions, making it effective for surveillance and stealing credentials. A key feature of DroidBot is its dual-channel communication: it uses …
Read More »Bangladeshi Social media flooded with unauthorized withdrawals from bank accounts
Bangladeshi Social media posts have raised concerns about unauthorized withdrawals from bank accounts, affecting at least 7 to 8 people who hold dual currency or credit cards. Initial findings suggested two banks are reported to impacted. Bangladesh Cyber Security Intelligence (BCSI) reported unauthorized transactions made via Facebook Ad Manager, often …
Read More »BD Bank server issue to cancel clearing cheque
A technical error in the server at Bangladesh Bank is causing issues with inter-bank transactions, resulting in the cancellation of all clearing checks set for Monday. On October 1, Husne Ara Shikha, Executive Director and Spokesperson of Bangladesh Bank, confirmed this information. There was a check clearing issue on Monday …
Read More »Octo2: European Banks Already Under Attack by New Malware varient
Cybersecurity researchers at ThreatFabric have identified a new and more dangerous variant of the Octo banking malware, called “Octo2.” This evolved version of ExobotCompact is already targeting European financial institutions, with attacks reported in Italy, Poland, Moldova, and Hungary. Octo2 features improved remote access and advanced anti-detection methods, making it …
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