Hackers who tried to steal nearly $2 million from India’s City Union Bank this month used tactics similar to those employed in the unsolved cyber heist of $81 million from Bangladesh’s central bank in 2016, City’s CEO said on Monday. …
India’s City Union Bank said on Sunday that “cyber criminals” had hacked its systems and transferred nearly $2 million through three unauthorized remittances to lenders overseas via the SWIFT financial platform. The comments come after the small private lender on …
Bangladesh’s central bank will file a lawsuit against a Philippines bank for its role in one of the world’s biggest cyber-heists two years ago, a deputy governor said on Wednesday. Unidentified hackers stole $81 million from Bangladesh Bank’s account at …
Bitcoin’s popularity and the emergence of about 1,500 other digital coins or tokens have drawn more hackers into the red-hot cryptocurrency space, expanding opportunities for crime and fraud, cyber security firm Digital Shadows warned in a report on Thursday. “Cyber …
A key to preventing cyber attacks from crippling U.S. power grids could be changing passwords on internet routers, wifi-connected thermostats and smart lawn-sprinklers. “A significant share” of internet attacks result from unchanged factory default passwords on web-connected devices that allow …
Lebanon’s intelligence service may have turned the smartphones of thousands of targeted individuals into cyber-spying machines in one of the first known examples of large-scale state hacking of phones rather than computers, researchers say. Lebanon’s General Directorate of General Security …
Hackers tried to steal 55 million roubles ($940,000) from Russian state bank Globex using the SWIFT international payments messaging system, the bank said on Thursday, the latest in a string of attempted cyber heists that use fraudulent wire-transfer requests. Globex …
A previously unknown ring of Russian-speaking hackers has stolen as much as $10 million from U.S. and Russian banks in the last 18 months, according to a Moscow-based cyber-security firm that runs the largest computer forensics laboratory in eastern Europe. …
A Slovenian cryptocurrency mining marketplace, NiceHash, said it lost about $64 million worth of bitcoin in a hack of its payment system, the latest incident to highlight risks that uneven oversight and security pose to booming digital currencies. NiceHash matches …
Global banks need to do more to protect themselves from cyber attacks after a “significant evolution” in the threat level in the last 18 months, according to the SWIFT global payments network. Hackers are deploying increasingly sophisticated ways of breaching …
