Blog | G5 Cyber Security

New Cybercrime Campaign a ‘Clear and Imminent’ Threat to Banks Worldwide

Bank heist appears to be the handiwork of an Eastern European crime gang that blended the physical fraud actions of money mules and cyberattacks with a cyberattack that began with spear-phishing emails. Five banks in Eastern Europe and one in Africa were hit by a wave of cyberattacks early this year. The attacks took advantage of several configuration and management holes in banking systems, according to Trustwave. Trustwave says the attack campaign “represents a clear and imminent threat to financial institutions in European, North American, Asian and Australian regions””]

Source: https://www.darkreading.com/attacks-breaches/new-cybercrime-campaign-a-clear-and-imminent-threat-to-banks-worldwide

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