On the 21st of April, I read an article that indicates that more banks are targeted in attacks. Luckily, this is not happening in the United States, yet. The key word is yet because according to the article, the actors just need to change a few things, and the same attack can have the same effect as it is having on these banks.
The problem we have here, is that whatever is happening is stealing the second security measure that people are using to authenticate with the bank. If this factor is SMS based, this may be why. However, if it is app based, then we’ve got a bigger problem.
I’m unclear by the article whether they’re using SMS two-factor or app two-factor. The link that points to secondary factor is a search for two-factor on cyberscoop. Perusing this, doesn’t really tell me whether there is an article I missed about this.
Brazil’s financial sector, which has long grappled with cybercrime, has a new foe.
An insidious Android application is trying to steal users’ login credentials, and their money, by impersonating Brazilian banks, researchers from IBM Security said Tuesday.
If you’re interested in more, please read the Cyber Scoop article which goes in to more detail. This can’t be a good sign, but yet, they’ll stop at nothing to get our data and information during this critical time. The Cyber Scoop article is entitled oid open(window void open(window void open(window void open(window and I hope you enjoy this one. Its only the beginning of something that could hit us at any time around the world if the actors really wanted to.
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