Elastic Cloud empowers financial institutions to optimize data retention, ensure compliance with regulations like GDPR and PCI DSS, and contain costs with advanced tiering and searchable snapshots.As the amount of data being created and stored worldwide is increasing rapidly, financial institutions are tasked more with managing vast volumes of data while ensuring compliance … [Read more...] about Optimize financial data retention and compliance with Elastic Cloud solutions
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Transforming fraud detection: AI and Elastic Security in financial services
Fraud in financial services is becoming more sophisticated, costing the industry billions annually and eroding customer trust. Recently, Deloitte published an article highlighting the risk AI brings in the form of fraudsters to the financial services industry: “Fake content has never been easier to create — or harder to catch. As threats grow, banks can invest in AI and other … [Read more...] about Transforming fraud detection: AI and Elastic Security in financial services
Chinese Nation-State Hackers APT41 Hit Gambling Sector for Financial Gain
The prolific Chinese nation-state actor known as APT41 (aka Brass Typhoon, Earth Baku, Wicked Panda, or Winnti) has been attributed to a sophisticated cyber attack targeting the gambling and gaming industry. "Over a period of at least six months, the attackers stealthily gathered valuable information from the targeted company including, but not limited to, network … [Read more...] about Chinese Nation-State Hackers APT41 Hit Gambling Sector for Financial Gain
New Android Malware ‘Ajina.Banker’ Steals Financial Data and Bypasses 2FA via Telegram
Sep 12, 2024Ravie LakshmananMobile Security / Financial Fraud Bank customers in the Central Asia region have been targeted by a new strain of Android malware codenamed Ajina.Banker since at least November 2024 with the goal of harvesting financial information and intercepting two-factor authentication (2FA) messages. Singapore-headquartered Group-IB, which discovered the … [Read more...] about New Android Malware ‘Ajina.Banker’ Steals Financial Data and Bypasses 2FA via Telegram
Vietnam-Based Hackers Steal Financial Data Across Asia with Malware
A suspected Vietnamese-origin threat actor has been observed targeting victims in several Asian and Southeast Asian countries with malware designed to harvest valuable data since at least May 2023. Cisco Talos is tracking the cluster under the name CoralRaider, describing it as financially motivated. Targets of the campaign include India, China, South Korea, Bangladesh, … [Read more...] about Vietnam-Based Hackers Steal Financial Data Across Asia with Malware
Financial sector operational excellence with Elasticsearch on AWS
In the dynamic landscape of financial services, data is not just currency; it's the key to innovation and operational excellence. Data is constantly streamlining from devices, logins, transfers, transactions, and much more, and it’s bound to increase with an ongoing reliance on digital channels. This creates a massive opportunity and responsibility for financial institutions, … [Read more...] about Financial sector operational excellence with Elasticsearch on AWS
AllaKore RAT Malware Targeting Mexican Firms with Financial Fraud Tricks
Jan 27, 2024NewsroomMalware / Software Update Mexican financial institutions are under the radar of a new spear-phishing campaign that delivers a modified version of an open-source remote access trojan called AllaKore RAT. The BlackBerry Research and Intelligence Team attributed the activity to an unknown Latin American-based financially motivated threat actor. The campaign … [Read more...] about AllaKore RAT Malware Targeting Mexican Firms with Financial Fraud Tricks
Locking Down Financial and Accounting Data — Best Data Security Strategies
Oct 17, 2023The Hacker NewsData Security / Infosec Webinar Financial data is much more than just a collection of numbers; it is a crucial component of any business and a prime target for cybercriminals. It's important to understand that financial records can be a veritable treasure trove for digital pirates. A security breach not only puts customers' personal information in … [Read more...] about Locking Down Financial and Accounting Data — Best Data Security Strategies
A Stealthy, Financial Trojan and Info Stealer Delivered through Google Ads
May 02, 2023Ravie LakshmananMalvertising / Cyber Threat In yet another instance of how threat actors are abusing Google Ads to serve malware, a threat actor has been observed leveraging the technique to deliver a new Windows-based financial trojan and information stealer called LOBSHOT. "LOBSHOT continues to collect victims while staying under the radar," Elastic Security … [Read more...] about A Stealthy, Financial Trojan and Info Stealer Delivered through Google Ads
New Android Banking Trojan Targeting Brazilian Financial Institutions
A new Android banking trojan has set its eyes on Brazilian financial institutions to commit fraud by leveraging the PIX payments platform. Italian cybersecurity company Cleafy, which discovered the malware between the end of 2022 and the beginning of 2023, is tracking it under the name PixPirate. "PixPirate belongs to the newest generation of Android banking trojan, as it can … [Read more...] about New Android Banking Trojan Targeting Brazilian Financial Institutions