HSBC Bank Australia Limited did not sufficiently safeguard customers from scams that resulted in millions of dollars being lost, as stated in documents filed by The Australian Securities and Investments Commission (ASIC) ASIC in the Federal Court today. ASIC claims that HSBC Australia lacked sufficient controls to prevent unauthorized payments …

On 10Th December, 2024 The US Department of Justice said in a press release that a Chinese-born man named Guang Tianpeng was indicted on charges for hacking attempt about 81,000 firewalls worldwide in 2020. The country announced a $10 million reward for information leading to his arrest on Tuesday. Guan …

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 …