#1 Middle East & Africa Trusted Cybersecurity News & Magazine |

38 C
Dubai
Friday, August 22, 2025
HomeIndustriesBanking & Finance

Banking & Finance

spot_imgspot_imgspot_imgspot_img

Fake News for Real Scams: Inside the Global Threat of Baiting News Sites and Crypto Investment Fraud

In July 2025, Bahrain-based cybersecurity firm CTM360 released a bombshell report exposing the alarming global rise of Baiting News Sites (BNS) fraudulent news platforms...

How a $2.7K Bribe Enabled a $140 Million PIX Theft from Brazilian Banks

In a dramatic cyber heist on 30 June 2025, hackers paid just R$15,000 (~$2,760) for insider credentials at C&M Software then orchestrated Brazil's largest digital banking...

Cybercriminals Weaponized Open-Source Tools in Sustained Campaign Against Africa’s Financial Sector

Since mid-2023, a cybercriminal cluster dubbed CL‑CRI‑1014 has been targeting financial institutions across Africa using open-source tools like PoshC2 and Classroom Spy exploiting them...

Hype Alert: “Largest Data Breach” of 16 B Credentials Is Just Recycled Data

A sensational 16 billion‑credential leak circulating in underground forums has been called “the largest data breach in history.” However, cybersecurity researchers confirm it’s not a...

Black Basta Crumbles: Infamous Ransomware Gang Collapses After Internal Fallout-But Its Legacy Lives On

In February 2025, the notorious Russian-speaking ransomware-as-a-service (RaaS) syndicate Black Basta collapsed following a dramatic internal fallout, triggered by the leak of its private...

Crocodilus Mobile Malware Evolves: Banking Trojan Expands Global Reach with Enhanced Capabilities

03 June 2025 - A once regionally focused Android banking Trojan called Crocodilus has surged onto the global stage with advanced capabilities. Newly discovered...

OtterCookie Malware: Unveiling the Evolving Threat in the Contagious Interview Campaign

In the ever-evolving landscape of cyber threats, state-sponsored actors continually refine their tactics to exploit vulnerabilities and achieve their objectives. One such actor, the...

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Must read

spot_imgspot_imgspot_imgspot_img