Tag Archives: financial sector

  • ATM machines under attack, spitting out cash on demand

    Cobalt hacker group has carried out this attack in 14 different countries including Russia, the UK, the Netherlands and Malaysia. The ‘touchless jackpotting’ technique employed does not involve any physical manipulations of ATMs. Bank systems are infected using tools that are widely available in public sources. The shortest time taken to obtain total control over […]

  • Ransomware Raises The Bar Again

    Ransomware just got even more real: it’s now the number one attack vector in the financial services sector, which traditionally has been considered a model industry for best security practices. Some 55% of financial services firms recently surveyed by SANS report ransomware as the top attack threat, followed by phishing (50%), which previously held the […]