Banking Fraud | Breaking Cybersecurity News | The Hacker News

Malicious Android apps masquerading as Google, Instagram, Snapchat, WhatsApp, and X (formerly Twitter) have been observed to steal users' credentials from compromised devices. "This malware uses famous Android app icons to mislead users and trick victims into installing the malicious app on their devices," the SonicWall Capture Labs threat research team  said  in a recent report. The distribution vector for the campaign is currently unclear. However, once the app is installed on the users' phones, it requests them to grant it permissions to the accessibility services and the  device administrator API , a now-deprecated feature that provides device administration features at the system level. Obtaining these permissions allows the rogue app to gain control over the device, making it possible to carry out arbitrary actions ranging from data theft to malware deployment without the victims' knowledge. The malware is designed to establish connections with a comman

Users in Brazil are the target of a new banking trojan known as  CHAVECLOAK  that's propagated via phishing emails bearing PDF attachments. "This intricate attack involves the PDF downloading a ZIP file and subsequently utilizing DLL side-loading techniques to execute the final malware," Fortinet FortiGuard Labs researcher Cara Lin  said . The attack chain involves the use of contract-themed DocuSign lures to trick users into opening PDF files containing a button to read and sign the documents. In reality, clicking the button leads to the retrieval of an installer file from a remote link that's shortened using the Goo.su URL shortening service. Present within the installer is an executable named "Lightshot.exe" that leverages DLL side-loading to load "Lightshot.dll," which is the CHAVECLOAK malware that facilitates the theft of sensitive information. This includes gathering system metadata and running checks to determine whether the compromis

As a vCISO, you are responsible for your client's cybersecurity strategy and risk governance. This incorporates multiple disciplines, from research to execution to reporting. Recently, we published a comprehensive playbook for vCISOs, "Your First 100 Days as a vCISO – 5 Steps to Success" , which covers all the phases entailed in launching a successful vCISO engagement, along with recommended actions to take, and step-by-step examples.  Following the success of the playbook and the requests that have come in from the MSP/MSSP community, we decided to drill down into specific parts of vCISO reporting and provide more color and examples. In this article, we focus on how to create compelling narratives within a report, which has a significant impact on the overall MSP/MSSP value proposition.  This article brings the highlights of a recent guided workshop we held, covering what makes a successful report and how it can be used to enhance engagement with your cyber security clients.

The Android banking fraud malware known as SharkBot has reared its head once again on the official Google Play Store, posing as file managers to bypass the app marketplace's restrictions. A majority of the users who downloaded the rogue apps are located in the U.K. and Italy, Romanian cybersecurity company Bitdefender  said  in an analysis published this week. SharkBot, first  discovered  towards the end of 2021 by Cleafy, is a  recurring   mobile   threat  distributed both on the Google Play Store and other third-party app stores. One of the trojan's primary goals is to initiate money transfers from compromised devices via a technique called "Automatic Transfer System" ( ATS ), in which a transaction triggered via a banking app is intercepted to swap the payee account with an actor-controlled account in the background. It's also capable of serving a fake login overlay when users attempt to open legitimate banking apps, stealing the credentials in the proce