banking fraud Archives

India’s RBI Introduces Exclusive “bank.in” Domain to Combat Digital Banking Fraud

7Feb

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India’s RBI Introduces Exclusive “bank.in” Domain to Combat Digital Banking Fraud

In an effort to fight online financial fraud, the Reserve Bank of India (RBI), the nation's central bank, announced that it is launching a dedicated "bank.in" domain for banks. According to a statement released today by the RBI, this program is to streamline safe financial services and lessen cyber security concerns and criminal activities like phishing. This will increase public confidence in digital banking and payment services. The Institute for Development and Research in Banking Technology (IDRBT) will serve as the sole registrar in order to do this. It is anticipated that domain registration read more about India's RBI Introduces Exclusive "bank.in" Domain to Combat Digital Banking Fraud. Get up to date on the latest cybersecurity news and enhance your knowledge of cybersec...

TrickMo Android Trojan Exploits Accessibility Services for On-Device Banking Fraud

TrickMo is a new version of an Android banking trojan that cybersecurity experts have discovered. It has several new features, including the ability to present phony login windows in order to grab victims' banking credentials and avoid examination. Among the methods include utilizing JSONPacker in conjunction with corrupted ZIP files, Michele Roviello and Alessandro Strino, researchers on Cleafy security, said. "In addition, the application is installed through a dropper app that shares the same anti-analysis mechanisms." These characteristics are intended to avoid discovery and obstruct cybersecurity experts' attempts to dissect and lessen the infection read more about TrickMo Android Trojan Exploits Accessibility Services for On-Device Banking Fraud. Get up to date on the lates...

Ukrainian banks hit by pro-Russian NoName hackers

NoName, a hacktivist collective with ties to Russia, has recently launched a campaign against the war-torn nation that has persistently targeted the financial industry in Ukraine. The group said on their secret Telegram channel on June 27 that they will "start today's journey with an attack on Ukraine's financial sector." Nearly a dozen significant Ukrainian banks have been targeted everyday since the threat actors' directive four days ago employing the gang's favoured DDoS attack strategy. Targets include four of the biggest commercial banks in the country, including Credit Agricole Bank, Universal Bank, and State Savings Bank of Ukraine read more Ukrainian banks hit by pro-Russian NoName hackers. Stay one step ahead of cyber threats with ReconBee.com. Explore our comprehensi...