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Revolut Faces $20 Million Loss as Attackers Exploit Payment System Weakness

Revolut Faces $20 Million Loss as Attackers Exploit Payment System Weakness

Jul 10, 2023
Malicious actors exploited an unknown flaw in Revolut's payment systems to steal more than $20 million of the company's funds in early 2022. The development was  reported  by the Financial Times, citing multiple unnamed sources with knowledge of the incident. The breach has not been disclosed publicly. The fault stemmed from discrepancies between Revolut's U.S. and European systems, causing funds to be erroneously refunded using its own money when some transactions were declined. The problem was first detected in late 2021. But before it could be closed, the report said organized criminal groups leveraged the loophole by "encouraging individuals to try to make expensive purchases that would go on to be declined." The refunded amounts would then be withdrawn from ATMs. The exact technical details associated with the flaw are currently unclear. About $23 million was stolen in total, with some funds recovered by pursuing those who had withdrawn cash. The mass ...
Two Spyware Apps on Google Play with 1.5 Million Users Sending Data to China

Two Spyware Apps on Google Play with 1.5 Million Users Sending Data to China

Jul 08, 2023 Mobile Security / Spyware
Two file management apps on the Google Play Store have been discovered to be spyware, putting the privacy and security of up to 1.5 million Android users at risk. These apps engage in deceptive behaviour and secretly send sensitive user data to malicious servers in China. Pradeo, a leading mobile security company, has uncovered this alarming infiltration. The report shows that both spyware apps, namely File Recovery and Data Recovery (com.spot.music.filedate) with over 1 million installs, and File Manager (com.file.box.master.gkd) with over 500,000 installs, are developed by the same group. These seemingly harmless Android apps use similar malicious tactics and automatically launch when the device reboots without user input. Contrary to what they claim on the Google Play Store, where both apps assure users that no data is collected, Pradeo's analytics engine has found that various personal information is collected without users' knowledge. Stolen data includes contact list...
Improve Your Security WordPress Spam Protection With CleanTalk Anti-Spam

Improve Your Security WordPress Spam Protection With CleanTalk Anti-Spam

Jul 08, 2023 Website Security Tool
Every website owner or webmaster grapples with the issue of spam on their website forms. The volume of spam can be so overwhelming that finding useful information within it becomes quite challenging. What exacerbates this issue is that spam can populate your public pages, appearing in comments and reviews. You likely understand how this can damage your website's reputation, affect search results, overload your web server, and divert your focus from website development. Website owners and webmasters need a solution to this problem. When selecting an anti-spam solution, the following requirements should be taken into account: The solution must operate automatically, eliminating the need for manual spam checks. It should provide a quick and efficient method of accuracy control. It must be universal, protecting all website forms simultaneously. It should be easy and straightforward to install and set up. It should not require any extra steps from your visitors, ensuring they do...
cyber security

Master SaaS AI Risk: Your Complete Governance Playbook

websiteReco AIArtificial Intelligence / SaaS Security
95% use AI, but is it secure? Master SaaS AI governance with standards-aligned frameworks.
Watch This Webinar to Uncover Hidden Flaws in Login, AI, and Digital Trust — and Fix Them

Designing Identity for Trust at Scale—With Privacy, AI, and Seamless Logins in Mind

Jul 24, 2025
Is Managing Customer Logins and Data Giving You Headaches? You're Not Alone! Today, we all expect super-fast, secure, and personalized online experiences. But let's be honest, we're also more careful about how our data is used. If something feels off, trust can vanish in an instant. Add to that the lightning-fast changes AI is bringing to everything from how we log in to spotting online fraud, and it's a whole new ball game! If you're dealing with logins, data privacy, bringing new users on board, or building digital trust, this webinar is for you . Join us for " Navigating Customer Identity in the AI Era ," where we'll dive into the Auth0 2025 Customer Identity Trends Report . We'll show you what's working, what's not, and how to tweak your strategy for the year ahead. In just one session, you'll get practical answers to real-world challenges like: How AI is changing what users expect – and where they're starting to push ba...
Vishing Goes High-Tech: New 'Letscall' Malware Employs Voice Traffic Routing

Vishing Goes High-Tech: New 'Letscall' Malware Employs Voice Traffic Routing

Jul 07, 2023 Mobile Security / Malware
Researchers have issued a warning about an emerging and advanced form of voice phishing ( vishing ) known as " Letscall ." This technique is currently targeting individuals in South Korea. The criminals behind "Letscall" employ a multi-step attack to deceive victims into downloading malicious apps from a counterfeit Google Play Store website. Once the malicious software is installed, it redirects incoming calls to a call center under the control of the criminals. Trained operators posing as bank employees then extract sensitive information from unsuspecting victims. To facilitate the routing of voice traffic, "Letscall" utilizes cutting-edge technologies such as voice over IP (VOIP) and WebRTC. It also makes use of Session Traversal Utilities for NAT (STUN) and Traversal Using Relays around NAT (TURN) protocols, including Google STUN servers, to ensure high-quality phone or video calls and bypass NAT and firewall restrictions. The "Letscall...
Another Critical Unauthenticated SQLi Flaw Discovered in MOVEit Transfer Software

Another Critical Unauthenticated SQLi Flaw Discovered in MOVEit Transfer Software

Jul 07, 2023 Vulnerability / Cyber Threat
Progress Software has announced the discovery and patching of a critical SQL injection vulnerability in MOVEit Transfer, popular software used for secure file transfer. In addition, Progress Software has patched two other high-severity vulnerabilities. The identified SQL injection vulnerability, tagged as CVE-2023-36934 , could potentially allow unauthenticated attackers to gain unauthorized access to the MOVEit Transfer database. SQL injection vulnerabilities are a well-known and dangerous security flaw that allows attackers to manipulate databases and run any code they want. Attackers can send specifically designed payloads to certain endpoints of the affected application, which could change or expose sensitive data in the database. The reason CVE-2023-36934 is so critical is that it can be exploited without having to be logged in. This means that even attackers without valid credentials can potentially exploit the vulnerability. However, as of now, there have been no reports of...
Mastodon Social Network Patches Critical Flaws Allowing Server Takeover

Mastodon Social Network Patches Critical Flaws Allowing Server Takeover

Jul 07, 2023 Vulnerability / Social Media
Mastodon, a popular decentralized social network, has released a security update to fix critical vulnerabilities that could expose millions of users to potential attacks. Mastodon is known for its federated model, consisting of thousands of separate servers called "instances," and it has over 14 million users across more than 20,000 instances. The most critical vulnerability, CVE-2023-36460 , allows hackers to exploit a flaw in the media attachments feature, creating and overwriting files in any location the software could access on an instance. This software vulnerability could be used for DoS and arbitrary remote code execution attacks, posing a significant threat to users and the broader Internet ecosystem. If an attacker gains control over multiple instances, they could cause harm by instructing users to download malicious applications or even bring down the entire Mastodon infrastructure. Fortunately, there is no evidence of this vulnerability being exploited so fa...
Close Security Gaps with Continuous Threat Exposure Management

Close Security Gaps with Continuous Threat Exposure Management

Jul 07, 2023 DevSecOps / Threat Management
CISOs, security leaders, and SOC teams often struggle with limited visibility into all connections made to their company-owned assets and networks. They are hindered by a lack of open-source intelligence and powerful technology required for proactive, continuous, and effective discovery and protection of their systems, data, and assets. As advanced threat actors constantly search for easily exploitable vulnerabilities around the clock, CISOs are in pursuit of improved methods to reduce threat exposures and safeguard their assets, users, and data from relentless cyber-attacks and the severe consequences of breaches. In response to this need, an emerging solution addressing the most critical priorities at the initial stage of the attack chain has provided security leaders with a new tool to manage their most pressing threat exposures at their origin. Leading analyst firm Gartner Research describes the solution: "By 2026, organizations prioritizing their security investments based...
BlackByte 2.0 Ransomware: Infiltrate, Encrypt, and Extort in Just 5 Days

BlackByte 2.0 Ransomware: Infiltrate, Encrypt, and Extort in Just 5 Days

Jul 07, 2023 Endpoint Security / Ransomware
Ransomware attacks are a major problem for organizations everywhere, and the severity of this problem continues to intensify. Recently, Microsoft's Incident Response team investigated the BlackByte 2.0 ransomware attacks and exposed these cyber strikes' terrifying velocity and damaging nature. The findings indicate that hackers can complete the entire attack process, from gaining initial access to causing significant damage, in just five days. They waste no time infiltrating systems, encrypting important data, and demanding a ransom to release it. This shortened timeline poses a significant challenge for organizations trying to protect themselves against these harmful operations. BlackByte ransomware is used in the final stage of the attack, using an 8-digit number key to encrypt the data. To carry out these attacks, hackers use a powerful combination of tools and techniques. The investigation revealed that they take advantage of unpatched Microsoft Exchange Servers—an ...
 Google Releases Android Patch Update for 3 Actively Exploited Vulnerabilities

Google Releases Android Patch Update for 3 Actively Exploited Vulnerabilities

Jul 07, 2023 Zero-Day Vulnerability
Google has released its monthly security updates for the Android operating system, addressing 46 new software vulnerabilities. Among these, three vulnerabilities have been identified as actively exploited in targeted attacks. One of the vulnerabilities tracked as CVE-2023-26083 is a memory leak flaw affecting the Arm Mali GPU driver for Bifrost, Avalon, and Valhall chips. This particular vulnerability was exploited in a previous attack that enabled spyware infiltration on Samsung devices in December 2022. This vulnerability was regarded as serious enough to prompt the Cybersecurity and Infrastructure Security Agency (CISA) to issue a patching order for federal agencies in April 2023. Another significant vulnerability, identified as CVE-2021-29256, is a high-severity issue that affects specific versions of the Bifrost and Midgard Arm Mali GPU kernel drivers. This flaw permits an unprivileged user to gain unauthorized access to sensitive data and escalate privileges to the root lev...
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