Security | Threat Detection | Cyberattacks | DevSecOps | Compliance

On October 15, 2024, a new Linux variant of the notorious FASTCash malware was uncovered, once again highlighting the vulnerabilities in global banking systems. This malware, attributed to North Korean threat actors, has been responsible for siphoning millions of dollars from ATMs worldwide by compromising interbank payment switches. The latest version targets Linux systems, allowing attackers to manipulate transaction messages and approve fraudulent cash withdrawals.

Yes, it is possible for Google Ads to be scams. According to the 2023 Google Ads Safety Report, Google successfully blocked and removed over five billion fake ads and suspended almost 13 million advertiser accounts. Even though fake Google Ads are prohibited by Google’s policies, many phony ads go undetected if no one reports them, which could lead to you falling for their scams.

Read also: a hacker pleads guilty to $37M crypto fraud, two fraudsters charged in a $1M DoorDash wage theft scheme, and more.

Cato CTRL security researchers have recently discovered a threat actor, ProKYC, selling a deepfake tool in the cybercriminal underground that helps threat actors beat two-factor authentication (2FA) for conducting account fraud attacks. The tool being sold is customized to target cryptocurrency exchanges—specifically ones that authenticate new users leveraging a government-issued document and by enabling the computer’s camera to perform facial recognition.

In a world where digital transformation is accelerating, the stakes for safeguarding critical infrastructure, government systems, and financial services have never been higher. These sectors are increasingly targeted by sophisticated payment fraud schemes and AI-powered cyberattacks, leaving them under immense pressure to shield their customers from threats.

For phishing scammers, the holidays are the most wonderful time of the year – or so holiday phishing trends would suggest. Cyberint research shows that phishing alerts surged by 46 percent last December compared to the monthly average observed throughout the year. Similarly, an Akamai study found a 150 percent increase in phishing victims between mid-October and late November 2021.

You can spot fake ads on Facebook if you notice that the ads feature very inexpensive products, poor-quality images, spelling mistakes or a lack of clear branding. Fake Facebook ads aim to trick you into sharing your personal information or paying for items that don’t exist. Continue reading to learn some of the most common signs of fake Facebook ads, how to avoid falling for these fake ads and what to do if you have already been scammed by them.

Industry analysis of the domains used behind phishing and brand impersonation attacks show financial institutions are being leveraged at an alarming rate. It’s one thing to see your industry at the top of some “state of” cybersecurity report, but it’s entirely different to learn that 68% of all phishing web pages identified in a single quarter are from your industry. That’s exactly what we find in Akamai’s latest analysis of websites across the Internet.