News July 20, 2022

Sharkbot Malware Found in Apps Posing as Antivirus Solutions

2 min read - Researchers have found the Sharkbot Android malware hiding under the guise of antivirus solutions on Google’s Play Store. Google recently took down at least six fake antivirus apps from the store. Attackers used these malicious apps to spread Sharkbot malware,…

Banking & Finance March 31, 2022

2022 Banking & Finance Security Intelligence Roundup

3 min read - The banking and finance industries deliver more services online now than ever before due to the pandemic. As a result, banking cybersecurity became more important than ever this year. Some of the threats to big data security in recent years…

Advanced Threats January 31, 2022

Top-Ranking Banking Trojan Ramnit Out to Steal Payment Card Data

4 min read - Shopping online is an increasingly popular endeavor, and it has accelerated since the COVID-19 pandemic. Online sales during the 2021 holiday season rose nearly 9% to a record $204.5 billion. Mastercard says that shopping jumped 8.5% this year compared to…

Mobile Security November 17, 2021

BrazKing Android Malware Upgraded and Targeting Brazilian Banks

12 min read - Nethanella Messer and James Kilner contributed to the technical editing of this blog. IBM Trusteer researchers continually analyze financial fraud attacks in the online realms. In recent research into mobile banking malware, we delved into the BrazKing malware’s inner workings…

Banking & Finance October 6, 2021

Banking and Finance Data Breaches: Costs, Risks and More To Know

3 min read - As each year passes, cybersecurity becomes more important for businesses and agencies of every size, in nearly every industry. In 2020, ransomware cases grew by 150%, and every 39 seconds, a new attack is launched somewhere on the web. A…

Advanced Threats June 23, 2021

Ursnif Leverages Cerberus to Automate Fraudulent Bank Transfers in Italy

9 min read - Contributed to this research: Segev Fogel, Amir Gendler and Nethanella Messer. IBM Trusteer researchers continually monitor the evolution and attack tactics in the banking sector. In a recent analysis, our team found that an Ursnif (aka Gozi) banking Trojan variant…

Software Vulnerabilities May 7, 2021

What is Ghimob Malware?

3 min read - A new Android malware strain ‘Ghimob’ is mimicking third-party mobile (mainly banking) apps to spy and steal user data when downloaded and installed. This Trojan virus steals data from users, primarily targeting online banking and cryptocurrency. As of the end…

Banking & Finance December 15, 2020

IBM Trusteer Exposes Massive Fraud Operation Facilitated by Evil Mobile Emulator Farms

7 min read - IBM Security Trusteer’s mobile security research team has recently discovered a major mobile banking fraud operation that managed to steal millions of dollars from financial institutions in Europe and the US within a matter of days in each attack before…

Banking & Finance October 19, 2020

New Vizom Malware Discovered Targets Brazilian Bank Customers with Remote Overlay Attacks

11 min read - IBM Security Trusteer researchers have discovered a new malware code and active campaign targeting online banking users in Brazil. The malware, coined “Vizom” by the team, uses familiar remote overlay attack tactics to take over user devices in real time,…

Advanced Threats September 14, 2020

Jackpotting Reveals Openings in Proprietary Software

4 min read - Jackpotting, an older ATM theft technique, could show security operations team members what to look out for when it comes to Internet of things (IoT) attacks in general, and even election machine vulnerabilities.  This technique first entered the U.S. cybersecurity…