PIX Payment System | Breaking Cybersecurity News | The Hacker News

The popularity of Brazil's  PIX  instant payment system has made it a  lucrative target for threat actors  looking to generate illicit profits using a new malware called GoPIX . Kaspersky, which has been tracking the active campaign since December 2022, said the attacks are pulled off  using malicious ads  that are served when potential victims search for "WhatsApp web" on search engines. "The cybercriminals employ malvertising: their links are placed in the ad section of the search results, so the user sees them first," the Russian cybersecurity vendor  said . "If they click such a link, a redirection follows, with the user ending up on the malware landing page." As other malvertising campaigns observed recently, users who click on the ad will be redirected via a cloaking service that is meant to filter sandboxes, bots, and others not deemed to be genuine victims. This is accomplished by using a legitimate fraud prevention solution known as  IPQu

A new Android banking trojan has set its eyes on Brazilian financial institutions to commit fraud by leveraging the PIX payments platform. Italian cybersecurity company Cleafy, which discovered the malware between the end of 2022 and the beginning of 2023, is tracking it under the name PixPirate. "PixPirate belongs to the newest generation of Android banking trojan, as it can perform ATS ( Automatic Transfer System ), enabling attackers to automate the insertion of a malicious money transfer over the instant payment platform PIX, adopted by multiple Brazilian banks," researchers Francesco Iubatti and Alessandro Strino  said . It is also the latest addition in a long list of Android banking malware to abuse the operating system's accessibility services API to carry out its nefarious functions, including disabling Google Play Protect, intercepting SMS messages, preventing uninstallation, and serving rogue ads via push notifications. Besides stealing passwords entered

Imagine a world where the software that powers your favorite apps, secures your online transactions, and keeps your digital life could be outsmarted and taken over by a cleverly disguised piece of code. This isn't a plot from the latest cyber-thriller; it's actually been a reality for years now. How this will change – in a positive or negative direction – as artificial intelligence (AI) takes on a larger role in software development is one of the big uncertainties related to this brave new world. In an era where AI promises to revolutionize how we live and work, the conversation about its security implications cannot be sidelined. As we increasingly rely on AI for tasks ranging from mundane to mission-critical, the question is no longer just, "Can AI  boost cybersecurity ?" (sure!), but also "Can AI  be hacked? " (yes!), "Can one use AI  to hack? " (of course!), and "Will AI  produce secure software ?" (well…). This thought leadership article is about the latter. Cydrill  (a

Two newly discovered malicious Android applications on Google Play Store have been used to target users of Brazil's instant payment ecosystem in a likely attempt to lure victims into fraudulently transferring their entire account balances into another bank account under cybercriminals' control. "The attackers distributed two different variants of banking malware, named PixStealer and MalRhino , through two separate malicious applications […] to carry out their attacks," Check Point Research said in an analysis shared with The Hacker News. "Both malicious applications were designed to steal money of victims through user interaction and the original PIX application." The two apps in question, which were uncovered in April 2021, have since been removed from the app store. Launched in November 2020 by the Central Bank of Brazil, the country's monetary authority,  Pix  is a state-owned payments platform that enables consumers and companies to make mone