Solved

Current IT security breaches/attacks in banking

Posted on 2016-08-14
2
86 Views
Last Modified: 2016-08-15
I m looking for somethg to post in our corporate IT security 'current banking breaches events': last one I  wrote was the Bangladesh banks Swift funds theft in Feb.  Think last May  another bank fell victim to a Swift funds fraud too.

Any other banking breaches to share n watch out for?
0
Comment
Question by:sunhux
2 Comments
 
LVL 16

Assisted Solution

by:Learnctx
Learnctx earned 250 total points
Comment Utility
Bangladesh was probably the big Swift one. But there were a few others too. The Philippines, Vietnam and Ecuador have all had banks lose money via the Swift system due to hackers getting in. Obviously banks in countries with a lower standard of living are easier targets. I doubt you're likely to see these kinds of attacks on larger banks with better budgets and more established security practices.

There was an ATM network breach due to malware in Taiwan, here and here.

Oracle got owned which affected a bunch of PoS systems and compromised credit cards. Articles covering this here and here.
1
 
LVL 61

Accepted Solution

by:
btan earned 250 total points
Comment Utility
Check out

-Visa issued a security alert warning companies using point-of-sale devices made by Oracle‘s MICROS retail unit
http://krebsonsecurity.com/2016/08/visa-alert-and-update-on-the-oracle-breach/
-Hong Kong-based Bitcoin exchange 'Bitfinex' that lost around $72 Million worth of its customers’ Bitcoins last week is now offering a reward of $3.5 Million to anyone who can provide information that leads to the recovery of the stolen Bitcoins.
http://thehackernews.com/2016/08/bitcoin-exchange-hack.html
-Qatar National Bank (QNB) data breach, which involved the leak of 1.4 GB of sensitive information
http://www.ibtimes.co.uk/hackers-behind-qatar-national-bank-set-leak-data-another-big-bank-1558120
-cyberheist in
http://krebsonsecurity.com/tag/cyberheist/
-hacked ATM or POS (implanted shimmer, compromised)
http://thehackernews.com/2016/08/hacking-chip-pin-card.html
-uptrend of skimming attack
http://krebsonsecurity.com/2016/04/a-dramatic-rise-in-atm-skimming-attacks/

I suggest you can touch on
- uptrend of Ransomware
(Intro) https://www.experts-exchange.com/articles/28059/TL-DR-Ransomware.html
(Shade) http://www.securityweek.com/shade-ransomware-updated-backdoor-capabilities
(Locky) http://blog.trendmicro.com/trendlabs-security-intelligence/new-locky-ransomware-spotted-in-the-brazilian-underground-market-uses-windows-script-files/
-  DDoSCoin — New Crypto-Currency Pays Users for Participating in DDoS Attacks
http://thehackernews.com/2016/08/ddoscoin-cryptocurrency.html
1

Featured Post

IT, Stop Being Called Into Every Meeting

Highfive is so simple that setting up every meeting room takes just minutes and every employee will be able to start or join a call from any room with ease. Never be called into a meeting just to get it started again. This is how video conferencing should work!

Join & Write a Comment

Suggested Solutions

Phishing is at the top of most security top 10 efforts you should be pursuing in 2016 and beyond. If you don't have phishing incorporated into your Security Awareness Program yet, now is the time. Phishers, and the scams they use, are only going to …
This story has been written with permission from the scammed victim, a valued client of mine – identity protected by request.
Sending a Secure fax is easy with eFax Corporate (http://www.enterprise.efax.com). First, Just open a new email message.  In the To field, type your recipient's fax number @efaxsend.com. You can even send a secure international fax — just include t…
Illustrator's Shape Builder tool will let you combine shapes visually and interactively. This video shows the Mac version, but the tool works the same way in Windows. To follow along with this video, you can draw your own shapes or download the file…

728 members asked questions and received personalized solutions in the past 7 days.

Join the community of 500,000 technology professionals and ask your questions.

Join & Ask a Question

Need Help in Real-Time?

Connect with top rated Experts

15 Experts available now in Live!

Get 1:1 Help Now