Bank of America | Breaking Cybersecurity News | The Hacker News

The Major US Financial institution, Bank of America is being targeted by a stealthy malicious financial malware campaign, according to AppRiver report. Last month the researchers at AppRiver has noticed enormous volumes of traffic through their data centers, with the peaks of traffic reaching three or four times than their normal network traffic.  They caught and blocked a malware campaign that was using the new and novel tactics designed specifically to beat the filtering engines. Last Wednesday the company experienced huge spam traffic i.e. 10 to 12 times the normal amount of their normal routine traffic. " These spikes have been driven by a tremendous increase in the number of incoming messages being sent with viruses attached. " and some user experienced delays in sending and receiving mail. They found the malware campaign, distributing a Financial Trojan designed to target, the Bank of America customers, known as ' Bredo virus ', capable of stealing inf...

J. Taikwok Yung is 33, lives with his mom in Brooklyn, and bought domain names that criticize billionaire Donald Trump and cybersquatting him.  Cybersquatting  is a legitimate crime that's defined by the Anticybersquatting Consumer Protection Act. " Cybersquatting (also known as domain squatting), according to the United States federal law known as the Anticybersquatting Consumer Protection Act, is registering, trafficking in, or using a domain name with bad faith intent to profit from the goodwill of a trademark belonging to someone else. The cybersquatter then offers to sell the domain to the person or company who owns a trademark contained within the name at an inflated price. " from wikipedia. Donald Trump is seeking $400,000 in damages from a Brooklyn man, who register four domains trumpindia.com, trumpbeijing.com, trumpmumbai.com and trumpabudhabi.com as domain names of well-known trademarks and then try to sell the names back to the trademark owners...

It's time once again to pay our respects to the once-famous cybersecurity solutions whose usefulness died in the past year. The cybercriminal world collectively mourns the loss of these solutions and the easy access they provide to victim organizations. These solutions, though celebrated in their prime, succumbed to the twin forces of time and advancing threats. Much like a tribute to celebrities lost in the past year, this article will look back at a few of cybersecurity's brightest stars that went dark in the past year.  1. Legacy Multi-Factor Authentication (MFA) Cause of Death: Compromised by sophisticated phishing, man-in-the-middle (MitM), SIM-swapping, and MFA prompt bombing attacks. The superstar of access security for more than twenty years, legacy MFA solutions enjoyed broad adoption followed by almost-universal responsibility for cybersecurity failures leading to successful ransomware attacks. These outdated solutions relied heavily on SMS or email-based codes o...

The Izz ad-Din al-Qassam Cyber Fighters published a new message on their Pastebin profile , warning of a new round of cyber attacks against U.S. financial institutions, beginning this week. In September and October , al-Qassam launched widespread distributed denial-of-service (DDoS) attacks against numerous banking websites . A Bank of America spokesperson told that the bank is " aware of the reports of possible cyber attacks and [is] monitoring [its] systems, which are fully operational .". Hacker said in new warning note ," After stopping one month attack of Izz ad-Din al-Qassam Group to American banks, today, this group has announced a new cycle of attacks, via an Email which has been sent to us, and has acclaimed that its aim is to compensate guilty offends to holy Prophet of Islam, Mohammad(PBUH). Also, in internet conversations earlier, this group had been stated that these attacks won't stopped and even in new announcements, it's been marked that there will b...

Capital One Financial Corp. said it's the latest target in a new round of coordinated cyber attacks aimed at disrupting the websites of major U.S. banks, and SunTrust Banks Inc. and Regions Financial Corp. said they expect to be next. The so-called "Izz ad-Din al-Qassam Cyber Fighters" posted a specific timetable for its attack program on PasteBin.com, a website commonly used by hackers to brag about exploits. Izz ad-Din al-Qassam also threatened to pursue more cyber attacks next week and has long said it will not stop until the video is removed from the Internet. American banks will reportedly face a massive cyberattack in coming weeks. A Russian-speaking hacker is organizing a massive trojan attack based around fraudulent wire transfers--and American banks appear to be at the center of the raid. In the past, such attacks have sometimes caused websites to slow to a crawl or become inaccessible for some users; however, the impact cannot be gauged in advance. The sam...