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Hacker finds flaws that could let anyone steal $25 Billion from a Bank

Hacker finds flaws that could let anyone steal $25 Billion from a Bank

May 17, 2016
A security researcher could have stolen as much as $25 Billion from one of the India's biggest banks ‒ Thanks to the bank's vulnerable mobile application. Late last year, security researcher Sathya Prakash discovered a number of critical vulnerabilities in the mobile banking application of an undisclosed bank that allowed him to steal money from any or all bank customers with the help of just a few lines of code. Being a white hat hacker, Prakash immediately reached out to the bank and alerted it about the critical issues in its mobile app and helped the bank fix them, instead of taking advantage of the security holes to steal money from the bank that has about 25 Billion USD in Deposits. While analyzing the mobile banking app, Prakash discovered that the app lacks Certificate Pinning , allowing any man-in-the-middle attacker to downgrade SSL connection and capture requests in plain text using fraudulently issued certificates. Also Read:  Best Password Manager — For ...
When a 'Hacker News' Reader Tricked Me into visiting this Amazing Site (Don't Click at Work)

When a 'Hacker News' Reader Tricked Me into visiting this Amazing Site (Don't Click at Work)

Sep 19, 2015
My usual bed routine is to check comments under my articles before I go to sleep. The same I was doing last night, but something weird happened to me. Someone posted a mysterious short link without any text below one of my articles on our  official 'The Hacker News' Facebook Page , and with the curiosity to check that link I visited that website. And what I saw… One by one my every single account I logged in into my web browser got automatically logged out just in few seconds in front of my eyes. This is exactly what Super Logout does. Log Out All Your Accounts in Just One Click Yes, Super Logout – a website that logs you out of over 30 major Internet services just in one click. You can visit 'Super Logout' here . ( Note : Once clicked, this will log you out instantly from all your online accounts and don't worry it is neither harmful, nor malicious ) This is a great tool for people who: Usually visit Internet Cafes for surfing In...
5 Reasons Device Management Isn't Device Trust​

5 Reasons Device Management Isn't Device Trust​

Apr 21, 2025Endpoint Security / Zero Trust
The problem is simple: all breaches start with initial access, and initial access comes down to two primary attack vectors – credentials and devices. This is not news; every report you can find on the threat landscape depicts the same picture.  The solution is more complex. For this article, we'll focus on the device threat vector. The risk they pose is significant, which is why device management tools like Mobile Device Management (MDM) and Endpoint Detection and Response (EDR) are essential components of an organization's security infrastructure. However, relying solely on these tools to manage device risk actually creates a false sense of security. Instead of the blunt tools of device management, organizations are looking for solutions that deliver device trust . Device trust provides a comprehensive, risk-based approach to device security enforcement, closing the large gaps left behind by traditional device management solutions. Here are 5 of those limitations and how to ov...
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