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North Korean threat actors have been observed using a Linux variant of a known malware family called FASTCash to steal funds as part of a financially-motivated campaign. The malware is "installed on payment switches within compromised networks that handle card transactions for the means of facilitating the unauthorized withdrawal of cash from ATMs," a security researcher who goes by HaxRob said . FASTCash was first documented by the U.S. government in October 2018 as used by adversaries linked to North Korea in connection with an ATM cashout scheme targeting banks in Africa and Asia since at least late 2016. "FASTCash schemes remotely compromise payment switch application servers within banks to facilitate fraudulent transactions," the agencies noted at the time. "In one incident in 2017, HIDDEN COBRA actors enabled cash to be simultaneously withdrawn from ATMs located in over 30 different countries. In another incident in 2018, HIDDEN COBRA actors enab...

As we reported earlier, Microsoft will stop supporting the Windows XP operating system after 8th April, apparently 95% of the world's 3 million ATM machines are run on it.  Microsoft's decision to withdraw support for Windows XP  poses critical security threat to the economic infrastructure worldwide. MORE REASONS TO UPGRADE Security researchers at Antivirus firm Symantec claimed that hackers can exploit a weakness in Windows XP based ATMs, that allow them to withdraw cash simply by sending an SMS to compromised ATMs. " What was interesting about this variant of  Ploutus  was that it allowed  cybercriminals  to simply send an SMS to the compromised ATM, then walk up and collect the dispensed cash. It may seem incredible, but this technique is being used in a number of places across the world at this time. " researchers said. HARDWIRED Malware for ATMs According to researchers - In 2013, they detected a malware named Backdoor . Ploutus,  installed o...

Vulnerability Management (VM) has long been a cornerstone of organizational cybersecurity. Nearly as old as the discipline of cybersecurity itself, it aims to help organizations identify and address potential security issues before they become serious problems. Yet, in recent years, the limitations of this approach have become increasingly evident.  At its core, Vulnerability Management processes remain essential for identifying and addressing weaknesses. But as time marches on and attack avenues evolve, this approach is beginning to show its age. In a recent report, How to Grow Vulnerability Management into Exposure Management (Gartner, How to Grow Vulnerability Management Into Exposure Management, 8 November 2024, Mitchell Schneider Et Al.), we believe Gartner® addresses this point precisely and demonstrates how organizations can – and must – shift from a vulnerability-centric strategy to a broader Exposure Management (EM) framework. We feel it's more than a worthwhile read an...

As we have reported you earlier that Microsoft is pulling out their Windows XP support after April 8 2014. Since a vast majority of bank ATMs around the world currently runs on Windows XP, but if they'll continue sticking to it after the deadline, then they'll be exposed to all kinds of security threats, as Microsoft will no longer provide the security patches thereafter. Many countries' Banks have got a way out, many banks have arranged or are in the process of arranging extended support for Windows XP for which they are ready to pay Microsoft millions of dollars, but may be not in the case of India. Yes, India will never feed Microsoft for providing extra support to the older version; rather they could switch over to the Linux operating system. India has around 115,000 ATMs across the country at present and the counts will go up in coming days, but the end of life for XP will not affect banks and functioning of ATMs as the financial institutions across the ...

Despite so many warnings from Microsoft and Cyber Security Experts, Windows XP is still being used by a number of Government organizations, Financial institutions as well as big Corporations all around the world. If we look at the statistics then almost 30% of computers you will find that still run Windows XP , including banks, airline companies, and other huge enterprises, the count in real is likely to be even higher than the estimated. But If you stick with Windows XP after April 8 2014 , you might be at a great risk as XP will take its last breath officially on that day and will die! This fact poses danger to its users as they will be exposed to all kinds of threats. Almost thirteen years after it was 'first released' i.e. April 8 when the Redmond, Washington-headquartered Corporation will stop support for its longest running and most successful OS, Windows XP. Continue using Windows XP after April 8, it will serve you as a Dead Zombie, because Microsoft w...