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Security Flaw Left Major Banking Apps Vulnerable to MiTM Attacks Over SSL

Security Flaw Left Major Banking Apps Vulnerable to MiTM Attacks Over SSL

Dec 07, 2017
A team of security researchers has discovered a critical implementation flaw in major mobile banking applications that left banking credentials of millions of users vulnerable to hackers. The vulnerability was discovered by researchers of the Security and Privacy Group at the University of Birmingham, who tested hundreds of different banking apps—both iOS and Android—and found that several of them were affected by a common issue, leaving their users vulnerable to man-in-the-middle attacks. The affected banking apps include HSBC, NatWest, Co-op, Santander, and Allied Irish bank, which have now been updated after researchers reported them of the issue. According to a research paper [ PDF ] published by researchers, vulnerable applications could have allowed an attacker, connected to the same network as the victim, to intercept SSL connection and retrieve the user's banking credentials, like usernames and passwords/pincodes—even if the apps are using SSL pinning feature. SS
Process Doppelgänging: New Malware Evasion Technique Works On All Windows Versions

Process Doppelgänging: New Malware Evasion Technique Works On All Windows Versions

Dec 07, 2017
A team of security researchers has discovered a new malware evasion technique that could help malware authors defeat most of the modern antivirus solutions and forensic tools. Dubbed Process Doppelgänging , the new fileless code injection technique takes advantage of a built-in Windows function and an undocumented implementation of Windows process loader. Ensilo security researchers Tal Liberman and Eugene Kogan, who discovered the Process Doppelgänging attack, presented their findings today at Black Hat 2017 Security conference held in London. Process Doppelgänging Works on All Windows Versions Apparently, Process Doppelgänging attack works on all modern versions of Microsoft Windows operating system, starting from Windows Vista to the latest version of Windows 10. Tal Liberman, the head of the research team at enSilo, told The Hacker New that this malware evasion technique is similar to Process Hollowing—a method first introduced years ago by attackers to defeat the m
How to Accelerate Vendor Risk Assessments in the Age of SaaS Sprawl

How to Accelerate Vendor Risk Assessments in the Age of SaaS Sprawl

Mar 21, 2024SaaS Security / Endpoint Security
In today's digital-first business environment dominated by SaaS applications, organizations increasingly depend on third-party vendors for essential cloud services and software solutions. As more vendors and services are added to the mix, the complexity and potential vulnerabilities within the  SaaS supply chain  snowball quickly. That's why effective vendor risk management (VRM) is a critical strategy in identifying, assessing, and mitigating risks to protect organizational assets and data integrity. Meanwhile, common approaches to vendor risk assessments are too slow and static for the modern world of SaaS. Most organizations have simply adapted their legacy evaluation techniques for on-premise software to apply to SaaS providers. This not only creates massive bottlenecks, but also causes organizations to inadvertently accept far too much risk. To effectively adapt to the realities of modern work, two major aspects need to change: the timeline of initial assessment must shorte
Largest Crypto-Mining Exchange Hacked; Over $70 Million in Bitcoin Stolen

Largest Crypto-Mining Exchange Hacked; Over $70 Million in Bitcoin Stolen

Dec 07, 2017
Bitcoin is breaking every record—after gaining 20% jump last week, Bitcoin price just crossed the $14,800 mark in less than 24 hours—and there can be no better reason for hackers to put all of their efforts to steal skyrocketing cryptocurrency. NiceHash, the largest Bitcoin mining marketplace, has been hacked, which resulted in the theft of more than 4,700 Bitcoins worth over $57 million (at the time of breach). And guess what? You'll be surprised to know that the stolen BTC now worth over $70 million—in less than 24 hours. Founded in 2014, NiceHash is a cloud-based crypto-mining marketplace that connects people from all over the world to rent out their spare computing power to other in order to create new coins. On Wednesday, several NiceHash users reported that their BTC wallets had been emptied, which was later confirmed by NiceHash after its service went offline claiming to be undergoing maintenance. At the time of writing, the NiceHash service is still offline wi
cyber security

Automated remediation solutions are crucial for security

websiteWing SecurityShadow IT / SaaS Security
Especially when it comes to securing employees' SaaS usage, don't settle for a longer to-do list. Auto-remediation is key to achieving SaaS security.
Uber Paid 20-Year-Old Florida Hacker $100,000 to Keep Data Breach Secret

Uber Paid 20-Year-Old Florida Hacker $100,000 to Keep Data Breach Secret

Dec 07, 2017
Last year, Uber received an email from an anonymous person demanding money in exchange for the stolen user database. It turns out that a 20-year-old Florida man, with the help of another, breached Uber's system last year and was paid a huge amount by the company to destroy the data and keep the incident secret. Just last week, Uber announced that a massive data breach in October 2016 exposed personal data of 57 million customers and drivers and that it paid two hackers $100,000 in ransom to destroy the information. However, the ride-hailing company did not disclose identities or any information about the hackers or how it paid them. Now, two unknown sources familiar with the incident have told Reuters that Uber paid a Florida man through HackerOne platform, a service that helps companies to host their bug bounty and vulnerability disclosure program. So far, the identity of the Florida man was unable to be obtained or another person who helped him carry out the hack.
Critical Flaw in Major Android Tools Targets Developers and Reverse Engineers

Critical Flaw in Major Android Tools Targets Developers and Reverse Engineers

Dec 06, 2017
Finally, here we have a vulnerability that targets Android developers and reverse engineers, instead of app users. Security researchers have discovered an easily-exploitable vulnerability in Android application developer tools, both downloadable and cloud-based, that could allow attackers to steal files and execute malicious code on vulnerable systems remotely. The issue was discovered by security researchers at the Check Point Research Team, who also released a proof of concept (PoC) attack, which they called ParseDroid . The vulnerability resides in a popular XML parsing library "DocumentBuilderFactory," used by the most common Android Integrated Development Environments (IDEs) like Google's Android Studio, JetBrains' IntelliJ IDEA and Eclipse as well as the major reverse engineering tools for Android apps such as APKTool, Cuckoo-Droid and more. The ParseDroid flaw, technically known as XML External Entity (XXE) vulnerability, is triggered when a vulner
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