Banking Fraud | Breaking Cybersecurity News | The Hacker News

Mobile users in the Czech Republic are the target of a novel phishing campaign that leverages a Progressive Web Application (PWA) in an attempt to sidestep security protections and steal their banking account credentials. The attacks have targeted the Czech-based Československá obchodní banka (CSOB), as well as the Hungarian OTP Bank and a Georgian Bank, according to Slovak cybersecurity company ESET. "The phishing websites targeting iOS instruct victims to add a Progressive Web Application ( PWA ) to their home-screens, while on Android the PWA is installed after confirming custom pop-ups in the browser," security researcher Jakub Osmani said . "At this point, on both operating systems, these phishing apps are largely indistinguishable from the real banking apps that they mimic." What's notable about this tactic is that users are deceived into installing a PWA, or even WebAPKs in some cases on Android, from a third-party site without having to specificall

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

Since its emergence, Generative AI has revolutionized enterprise productivity. GenAI tools enable faster and more effective software development, financial analysis, business planning, and customer engagement. However, this business agility comes with significant risks, particularly the potential for sensitive data leakage. As organizations attempt to balance productivity gains with security concerns, many have been forced to choose between unrestricted GenAI usage to banning it altogether. A new e-guide by LayerX titled 5 Actionable Measures to Prevent Data Leakage Through Generative AI Tools is designed to help organizations navigate the challenges of GenAI usage in the workplace. The guide offers practical steps for security managers to protect sensitive corporate data while still reaping the productivity benefits of GenAI tools like ChatGPT. This approach is intended to allow companies to strike the right balance between innovation and security. Why Worry About ChatGPT? The e

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

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