Informations about SSL certificates and networks security
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Zelle is rife with fraud: Zelle’s immediacy has also made it a favorite of fraudsters. Other types of bank transfers or transactions involving payment cards typically take at least a day to clear. But once crooks scare or trick victims into handing over money via Zelle, they can siphon away thousands of dollars in seconds. … Read More “Fraud on Zelle” »
Bizarro is a new banking trojan that is stealing financial information and crypto wallets. …the program can be delivered in a couple of ways — either via malicious links contained within spam emails, or through a trojanized app. Using these sneaky methods, trojan operators will implant the malware onto a target device, where it will … Read More “Bizarro Banking Trojan” »
This is a longish video that describes a profitable computer banking scam that’s run out of call centers in places like India. There’s a lot of fluff about glitterbombs and the like, but the details are interesting. The scammers convince the victims to give them remote access to their computers, and then that they’ve mistyped … Read More “Details of a Computer Banking Scam” »
South Africa’s Postbank experienced a catastrophic security failure. The bank’s master PIN key was stolen, forcing it to cancel and replace 12 million bank cards. The breach resulted from the printing of the bank’s encrypted master key in plain, unencrypted digital language at the Postbank’s old data centre in the Pretoria city centre. According to … Read More “Bank Card “Master Key” Stolen” »
Kaspersky is reporting on a series of bank hacks — called DarkVishnya — perpetrated through malicious hardware being surreptitiously installed into the target network: In 2017-2018, Kaspersky Lab specialists were invited to research a series of cybertheft incidents. Each attack had a common springboard: an unknown device directly connected to the company’s local network. In … Read More “Banks Attacked through Malicious Hardware Connected to the Local Network” »
There are some good lessons in this article on financial fraud: That’s how we got it so wrong. We were looking for incidental breaches of technical regulations, not systematic crime. And the thing is, that’s normal. The nature of fraud is that it works outside your field of vision, subverting the normal checks and balances … Read More “On Financial Fraud” »
Apple is rolling out an iOS security usability feature called Security code AutoFill. The basic idea is that the OS scans incoming SMS messages for security codes and suggests them in AutoFill, so that people can use them without having to memorize or type them. Sounds like a really good idea, but Andreas Gutmann points … Read More “Perverse Vulnerability from Interaction between 2-Factor Authentication and iOS AutoFill” »
Ross Anderson has a new paper on cryptocurrency exchanges. From his blog: Bitcoin Redux explains what’s going wrong in the world of cryptocurrencies. The bitcoin exchanges are developing into a shadow banking system, which do not give their customers actual bitcoin but rather display a “balance” and allow them to transact with others. However if … Read More “Regulating Bitcoin” »
This seems like an absolute disaster: The very short version is that a UK bank, TSB, which had been merged into and then many years later was spun out of Lloyds Bank, was bought by the Spanish bank Banco Sabadell in 2015. Lloyds had continued to run the TSB systems and was to transfer them … Read More “TSB Bank Disaster” »
This video purports to be a bank robbery in Kiev. He first threatens a teller, who basically ignores him because she’s behind bullet-proof glass. But then the robber threatens one of her co-workers, who is on his side of the glass. Interesting example of a security system failing for an unexpected reason. The video is … Read More “Bank Robbery Tactic” »