Krebs on Security: SMS Phishing + Cardless ATM = Profit

Krebs on Security: SMS Phishing + Cardless ATM = Profit. “A number of financial institutions are now offering cardless ATM transactions that allow customers to withdraw cash using nothing more than their mobile phones. But this also creates an avenue of fraud for bad guys, who can leverage phished or stolen account credentials to add a new phone number to the customer’s account and then use that added device to siphon cash from hijacked accounts at cardless ATMs.”

ZDNet: Gigantic 100,000-strong botnet used to hijack traffic meant for Brazilian banks

ZDNet: Gigantic 100,000-strong botnet used to hijack traffic meant for Brazilian banks. “Over 100,000 routers have had their DNS settings modified to redirect users to phishing pages. The redirection occurs only when users are trying to access e-banking pages for Brazilian banks. Around 88% of these routers are located in Brazil, and the campaign has been raging since at least mid-August when security firm Radware first spotted something strange.”

SecurityIntelligence: Penetration Tests Discover All Banks Are Susceptible to Web App Bugs

SecurityIntelligence: Penetration Tests Discover All Banks Are Susceptible to Web App Bugs. “A series of penetration tests found that every bank is guilty of web application vulnerabilities and insufficient network security measures. According to a recent report from Positive Technologies, Bank Attacks 2018, 100 percent of banks suffered from these vulnerabilities and inadequacies. The report also found server configuration flaws in all banks — while just over half were found to have improperly managed their user accounts and passwords.”

EurekAlert: Researchers found a security flaw that had 10 million banking app users at risk

EurekAlert: Researchers found a security flaw that had 10 million banking app users at risk. “Researchers from the University of Birmingham have developed a tool to perform semi-automated security testing of mobile phone apps. After running the tool on a sample of 400 security critical apps, they were able to identify a critical vulnerability in banking apps; including apps from HSBC, NatWest, Co-op and Bank of America Health.”