Bank Servers Hacked to Trick ATMs into Spitting Out Millions in Cash

The US-CERT has released a joint technical alert from the DHS, the FBI, and Treasury warning about a new ATM scheme being used by the prolific North Korean APT hacking group known as Hidden Cobra.

Hidden Cobra, also known as Lazarus Group and Guardians of Peace, is believed to be backed by the North Korean government and has previously launched attacks against a number of media organizations, aerospace, financial and critical infrastructure sectors across the world.

The group had also reportedly been associated with the WannaCry ransomware menace that last year shut down hospitals and big businesses worldwide, the SWIFT Banking attack in 2016, as well as the Sony Pictures hack in 2014.

'GozNym' Banking Malware Gang Dismantled by International Law Enforcement

In a joint effort by several law enforcement agencies from 6 different countries, officials have dismantled a major global organized cybercrime network behind GozNym banking malware.

GozNym banking malware is responsible for stealing nearly $100 million from over 41,000 victims across the globe, primarily in the United States and Europe, for years.

GozNym was created by combining two known powerful Trojans—Gozi ISFB malware, a banking Trojan that first appeared in 2012 and Nymaim, a Trojan downloader that can also function as ransomware.

A new wave of attacks targeting financial services and online services in Africa

During Kaspersky Lab’s annual Cyber Security Weekend that took place in Cape Town, South Africa, Kaspersky Lab experts discussed the wide spread growth of mobile payments across the globe and the many cyber risks that surround such technology.

Especially the recent SIM swap fraud wave, which have become very common in Africa and the wider region. In South Africa this type of fraud more than double in the last year, according a report of South African Banking Risk Information Centre (SABRIC).