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Researchers have been warning for years about critical issues with the Signaling System 7 (SS7) that could allow hackers to listen in private phone calls and read text messages on a potentially vast scale, despite the most advanced encryption used by cellular networks. Despite fixes being available for years, the global cellular networks have consistently been ignoring this serious issue, saying that the exploitation of the SS7 weaknesses requires significant technical and financial investment, so is a very low risk for people. However, earlier this year we saw a real-world attacks, hackers utilised this designing flaw in SS7 to drain victims' bank accounts by intercepting two-factor authentication code (one-time passcode, or OTP) sent by banks to their customers and redirecting it to themselves. If that incident wasn't enough for the global telecoms networks to consider fixing the flaws, white hat hackers from Positive Technologies now demonstrated how cybercriminals ...

The Recent discoveries of dangerous variants of the Android banking Trojan families, including Faketoken , Svpeng , and BankBot , present a significant threat to online users who may have their login credentials and valuable personal data stolen. Security researchers from SfyLabs have now discovered a new Android banking Trojan that is being rented on many dark websites for $500 per month, SfyLabs' researcher Han Sahin told The Hacker News. Dubbed Red Alert 2.0 , the Android banking malware has been fully written from scratch, unlike other banking trojans, such as BankBot and ExoBot, which were evolved from the leaked source code of older trojans. The Red Alert banking malware has been distributed via many online hacking forums since last few months, and its creators have continuously been updating the malware to add new functionalities in an effort to make it a dangerous threat to potential victims. Malware Blocks Incoming Calls from Banks Like most other Android b...

The world's popular torrent download website, The Pirate Bay , has again been in a new controversy—this time over secretly planting an in-browser cryptocurrency miner on its website that utilizes its visitors' CPU processing power in order to mine digital currencies. The Pirate Bay is the most popular and most visited file-sharing website predominantly used to share copyrighted material free of charge. The site has usually been in the news for copyright infringement by movie studios, music producers and software creators. The Pirate Bay has recently been caught generating revenue by secretly utilizing CPU power of its millions of visitors to mine a Bitcoin alternative called Monero without their knowledge. The modern Internet depends on advertising revenue to survive, which apparently sometimes spoils users' experience. But The Pirate Bay is trying to choose a different approach. Visitors to the Pirate Bay recently discovered a JavaScript-based cryptocurrency mine...

If you have downloaded or updated CCleaner application on your computer between August 15 and September 12 of this year from its official website, then pay attention—your computer has been compromised. CCleaner is a popular application with over 2 billion downloads, created by Piriform and recently acquired by Avast, that allows users to clean up their system to optimize and enhance performance. Security researchers from Cisco Talos discovered that the download servers used by Avast to let users download the application were compromised by some unknown hackers, who replaced the original version of the software with the malicious one and distributed it to millions of users for around a month. This incident is yet another example of supply chain attack. Earlier this year, update servers of a Ukrainian company called MeDoc were also compromised in the same way to distribute the Petya ransomware , which wreaked havoc worldwide. Avast and Piriform have both confirmed that the W...

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