Trusted Transactions | Entersekt Blog

Trusted Transactions | Entersekt Blog

Russian hackers making borscht of banks worldwide

Posted by Jolette Roodt, Writer/Analyst, Entersekt

Nov 17, 2016 10:30:00 AM

As if the nearly $44 million that Russian cybercriminals stole from banks in their own country between June 2015 and June 2016 weren’t enough, these fraudsters seem to be moving on to greener pastures abroad. Stealing directly from banks as well as from individual online accounts, Russians have started targeting the rest of Europe – and the rest of the world.

 

 

 

 

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Topics: Mobile app vulnerabilities, Data breaches, Malware

Nimble GozNym represents a new generation of malware

Posted by Jolette Roodt, Writer/Analyst, Entersekt

May 12, 2016 11:00:00 AM

Since the beginning of April, banks in the US and Canada have been plagued by a sophisticated new strain of malicious software called GozNym. The name is an amalgamation of Gozi, a well-known and feared banking trojan, and Nymaim, a dropper (which downloads and installs malware automatically) that also functions as ransomware. The elder of GozNym’s “parents” has been around for some time: in its heyday (2007 to 2010), Gozi infected more than a million computers and caused losses worth millions of dollars. Nikita Kuzmin, one of its creators, was recently indicted and fined $6.9 million in an attempt to offset the damages, having already served 37 months in prison to boot.

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Topics: Malware

About Trusted Transactions

Trusted Transactions is Entersekt's blog devoted to keeping our customers, prospects and friends updated with industry news, security threats and technology advances in consumer authentication. We can protect against online banking fraud and account takeovers. Trusted Transactions brings you industry data and insights to help safeguard your online and mobile banking and payments transactions. 

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