Banks are offering more features and upgrades for their banking apps, and thanks to their convenience more users are adopting mobile banking services around the world. But as new financial technology proliferates and users start to look for apps and other services from their particular bank, opportunities for scammers also increase. One recent example of this is the app Movil Secure. We found this malicious app on Google Play on October 22, as part of a SMiShing scheme targeting Spanish-speaking users.Read More
In early February, several financial organizations reported malware infection on their workstations, apparently coming from legitimate websites. The attacks turned out to be part of a large-scale campaign to compromise trusted websites in order to infect the systems of targeted enterprises across various industries. The strategy is typically known as a “watering hole” attack.
It was all sparked by a spate of recent malware attacks on Polish banks entailing a reportedly unknown malware in their own terminals and servers, along with the presence of dubious, encrypted programs/executables, and more prominently, suspicious network activity. More malware are delivered to the affected systems which were seen connecting to unusual and far-flung locations worldwide, possibly where company data are exfiltrated to.
The malware in question: RATANKBA. Not only was it tied to malware attacks against banks in Poland, but also in a string of similar incidents involving financial institutions in Mexico, Uruguay, the United Kingdom, and Chile. How did it infect their victims? Were there other malware involved? Does the campaign really have ties with a Russian cybercriminal group?Read More
In our Security Predictions for this year, Trend Micro CTO Raimund Genes predicted that the evolution of conventional malware will only gradually evolve. Instead of distributing new threats, malware authors will focus more on refining tools and how these attacks are conducted. In particular, we will be seeing certain developments in their stealth tactics to…Read More
Recent reports have stated that a massive campaign of fraud is planned to hit various US banks. Approximately 100 cybercriminals are said to be part of this planned campaign. It is believed that this attack will be launched using newly-developed malware related to the Gozi banking Trojan, which has been called Gozi-Prinimalka. Overall, the capabilities…Read More