bank hacking | Breaking Cybersecurity News | The Hacker News

A recently discovered piece of malware called KRBanker (Korea + Banker = KRBanker) , targeting mostly online end-users at Korean financial institutions. According to nProtect , now an invasive banking Trojan, the new and improved  KRBanker  can block anti-virus software, security websites and even other malware in its quest to steal user information and share it with hackers. Then the malware pings back to the command and control (C&C) server with infection status and then the malware proceeds to download encrypted files on the victim's PC. In the latest variant of the KRBanker malware, scans the PC for lists of DLLs that are related to Korean financial institutions, security software and patches any opcode instructions.  Malware instructed to insert the malicious code that will search and collect any information related to password, account details, and transaction history. Once logged, the compiled information is then sent to a remote server.  KRBanker

A Romanian man serving a five-year jail sentence in Romania for his involvement in an ATM skimming scheme, has developed a device designed to protect ATMs from such attacks. 33-year-old Valentin Boanta who is being detained in a prison from Vaslui, Romania, after he was convicted on charges of bank card fraud in 2009, developed what he calls the SRS (Secure Revolving System) which changes the way ATM machines read bank cards to prevent the operation of skimming devices that criminals hide inside ATMs. " When I got caught I became happy. This liberation opened the way to working for the good side ," Boanta said. " Crime was like a drug for me. After I was caught, I was happy I escaped from this adrenaline addiction ," Boanta said. Boanta began working on SRS during his trial. SRS, Boanta says, can be installed into any ATM. ATM skimmers work by installing a second, concealed card reader over the one that's built into the ATM. When an unsuspecting bank customer

It comes as no surprise that today's cyber threats are orders of magnitude more complex than those of the past. And the ever-evolving tactics that attackers use demand the adoption of better, more holistic and consolidated ways to meet this non-stop challenge. Security teams constantly look for ways to reduce risk while improving security posture, but many approaches offer piecemeal solutions – zeroing in on one particular element of the evolving threat landscape challenge – missing the forest for the trees.  In the last few years, Exposure Management has become known as a comprehensive way of reigning in the chaos, giving organizations a true fighting chance to reduce risk and improve posture. In this article I'll cover what Exposure Management is, how it stacks up against some alternative approaches and why building an Exposure Management program should be on  your 2024 to-do list. What is Exposure Management?  Exposure Management is the systematic identification, evaluation,