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Cybercrooks slurp nearly $1m from Russian bank after pwning router at regional branch

Hackers stole almost $1m from a Russian bank earlier this month after breaching its network via an outdated router. PIR Bank was looted by the notorious MoneyTaker hacking group, according to Group-IB, the Moscow-based security firm called in by the bank to handle incident response. Funds were stolen on 3 July through the …
John Leyden, 20 Jul 2018
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Crims pull another SWIFT-ie, Indian bank stung for nearly US$2m

A year after the SWIFT international bank transfer system enhanced its security, another breach has emerged: an Indian bank has confirmed that criminals gained access to its systems and made transfers totalling US$1.8 million. The Kumbakonam-based City Union Bank issued a statement [PDF] on Sunday February 18, in response to …

Wowee. Look at this server. Definitely keep critical data in there. Yup

Israel-based Illusive Networks claims that its approach of planting poison-pill servers in a network can detect incoming attacks faster than any other method. At the startup's Tel-Aviv office, CEO and founder Ofer Israeli told a visiting press group that his technology is a post-breach mechanism. It automatically learns the …
Chris Mellor, 23 Oct 2017
wire

Hackers nick $60m from Taiwanese bank in tailored SWIFT attack

Updated Hackers managed to pinch $60m from the Far Eastern International Bank in Taiwan by infiltrating its computers last week. Now, most of the money has been recovered, and two arrests have been made in connection with the cyber-heist. On Friday, the bank admitted the cyber-crooks planted malware on its PCs and servers in order to …
Iain Thomson, 11 Oct 2017

Favored Swift plans to settle down next year: ABI stability incoming

The Apple-supported open-source Swift programming language is set to stabilize in late 2018, with the release of version 5. The fifth iteration of Swift, outlined on Tuesday in a roadmap published by Ted Kremenek, senior manager of languages and runtimes at Apple, aims to deliver application binary interface (ABI) stability …
NSA

Leaked NSA point-and-pwn hack tools menace Win2k to Windows 8

Updated The Shadow Brokers have leaked more hacking tools stolen from the NSA's Equation Group – this time four-year-old exploits that attempt to hijack venerable Windows systems, from Windows 2000 up to Server 2012 and Windows 7 and 8. The toolkit puts into anyone's hands – from moronic script kiddies to hardened crims – highly …
Iain Thomson, 14 Apr 2017

Did somebody say object storage? 9 ways to tell if there's a point

Comment Object storage is a relatively new market segment that has continued to grow steadily and is starting to find more reasons for adoption. For the uninitiated, object stores are used to hold large volumes of unstructured data, where each "object" is essentially a file with no specific format (also called a binary file). Object …
Chris Evans, 18 Jan 2017
A screenshot of Perfect Assistant

Need to tailor Swift for servers? Software upstart claims to have 'perfect' assistant

Deploying server-side Swift applications isn't necessarily as fast as the programming language's name suggests. To hasten the process, Toronto-based PerfectlySoft has released a beta of Perfect Assistant, which isn't as perfect as its name suggests but nonetheless can make life a bit easier for those writing Swift code. " …
Thomas Claburn, 30 Nov 2016
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$10m of Bangladeshi SWIFT heist ended up in Filipino Casino

At least some of the US$81 million lifted from Bangladeshi banks in recent hacks on the Society for Worldwide Interbank Telecommunication (SWIFT) inter-bank transfer network has been tracked down to a casino in the Philippines. The February heist relied on malware dropped on a SWIFT terminal used by Bangladesh's central bank. …

Second hacking group targets SWIFT-connected banks

A second group of hackers – Odinaff – has broken into the SWIFT system, the fulcrum of the global financial payments system. Odinaff were found to be using the same approach as those who stole $81m from the Bangladesh central bank earlier this year. Attacks involving the Odinaff trojan and associated tools appear to have …
John Leyden, 11 Oct 2016
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SWIFT warns of more 'sophisticated' attacks, readies anti-fraud tool

The chief information security officer for global money transfer network SWIFT says banks are still under attack from fraudsters hoping to cash in on identified security gaps to steal millions of dollars. Alain Desausoi, security head of the Society for Worldwide Interbank Financial Telecom made the comments at the Financial …
Darren Pauli, 22 Sep 2016
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More banks plundered through SWIFT attacks

Criminals have hacked an unspecified number of new banks, using the SWIFT messaging system already implicated in one of the most lucrative breaches in history. Reuters reports SWIFT has sent notices to banks around the world warning of breaches and asking the financial institutions to lift their security game. Hackers of …
Darren Pauli, 31 Aug 2016

Banking system SWIFT was anything but on security, ex-boss claims

You'd think, with the amount of money the SWIFT inter-bank payment system transfers every day, that the group would be strong on security. Not so, says a former head of the organization. The SWIFT organization has been trying to up its security game after a string of high-profile hacking attacks that siphoned off millions from …
Iain Thomson, 18 Aug 2016
Bank vault

BAE Systems partners with SWIFT to bolster hacker intel

BAE Systems has been recruited to help SWIFT's newly formed Customer Service Intelligence team in a bid to get ahead of cyber-criminals targeting banks connected to the global financial messaging service. The announcement follows the analysis and identification of malware that BAE Systems’ threat intelligence team was able to …
John Leyden, 15 Jul 2016

SWIFT hackers nick $10m from Ukraine bank

Hackers stole $10m from a Ukrainian bank by – yup, you guessed it – invading its computers and using the inter-bank transfer system SWIFT to shift their loot. The theft from an unnamed Ukrainian bank follows news of cyber-heists at other banks worldwide, most notoriously the lifting of $81m from an account held in New York …
John Leyden, 28 Jun 2016
Upset man in suit and drinking liquor. Photo by Shutterstock

Hackers targeting SWIFT banks also targeted US moneymen: Hedge funds at risk

The Lazarus Group of hackers, blamed for a recent run of attacks against mainly Asian banks linked through the SWIFT network, is now suspected of targeting a mid-market US bank. Evidence uncovered by threat detection firm eSentire suggests that the Lazarus crew (which is also the chief suspect in the 2014 Sony Pictures hack) …
John Leyden, 13 Jun 2016
Taylor Swift

SWIFT threatens to give insecure banks a slap if they don't shape up

The SWIFT global payments system has announced it plans to suspend banks with weaker cyber defences until they improve their security. The threatened sanction follows a run of attacks on international banks over recent weeks, including the $81m mega-heist at the Bangladeshi Central Bank. These cyber-heists1 relied on hackers …
John Leyden, 3 Jun 2016

Recycled malware code 'links' SWIFT bank heist to Sony ransackers

Five additional pieces of malware suggest there is a stronger tie between North Korea's Lazarus Group of hackers and last month's run of cyber-attacks on banks. A study by Anomali Labs' senior security researcher Aaron Shelmire expands upon Symantec's earlier findings. According to Symantec, two pieces of malware were used to …
John Leyden, 2 Jun 2016

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