Russian Hacker Who Stole From Banks Ordered to Pay $7 Million

A Russian man who spent about 3 years behind bars in the United States has been spared further prison time but ordered to pay $7 Million to cover damages he caused to banks using a vicious computer virus.

Nikita Vladimirovich Kuzmin was arrested in 2010 and imprisoned in August 2011 for developing a sophisticated computer malware called Gozi and infecting more than 1 million computers

Security Researcher Goes Missing, Who Investigated Bangladesh Bank Hack

Tanvir Hassan Zoha, a 34-year-old security researcher, who spoke to media on the $81 Million Bangladesh Bank cyber theft, has gone missing since Wednesday night, just days after accusing Bangladesh's central bank officials of negligence.



Zoha was investigating a recent cyber attack on Bangladesh's central bank that let hackers stole $81 Million from the banks' Federal Reserve bank account.

Here's How Hackers Stole $80 Million from Bangladesh Bank

The recent cyber attack on Bangladesh's central bank that let hackers stole over $80 Million from the institutes' Federal Reserve bank account was reportedly caused due to the Malware installed on the Bank's computer systems.



Few days ago, reports emerged of a group of unknown hackers that broke into Bangladesh's central bank, obtained credentials needed for payment transfers from Federal

GM Bot (Android Malware) Source Code Leaked Online

The source code of a recently discovered Android banking Trojan that has the capability to gain administrator access on your smartphone and completely erase your phone's storage has been LEAKED online.



The banking Trojan family is known by several names; Security researchers from FireEye dubbed it SlemBunk, Symantec dubbed it Bankosy, and last week when Heimdal Security uncovered it, they

Hackers behind Dyre Malware Busted in Police Raid

The world's most notorious financial hacking operation disrupted by Russian authorities in November, when they raided the offices associated with a Moscow-based film and production company named 25th Floor.



According to the Russian authorities, 25th Floor was allegedly involved in distributing the notorious password-stealing malware known as Dyre Banking Trojan.



Malware Costs Hundreds

Someone Hijacks Botnet Network & Replaces Malware with an Antivirus

The Dridex banking trojan that is widely being used by cyber criminals to distribute malware onto users’ machines has now been found distributing a security software.



A portion of the Dridex banking Trojan botnet may have been hacked or compromised by an unknown Whitehat Hacker, who replaced the malicious links with Avira Antivirus installers.



What is Dridex Banking Trojan? How it Works

Nemesis Bootkit — A New Stealthy Payment Card Malware

Another day, another stunning Malware – this time targeting banks, payment card processors, and other financial services.



Security researchers have uncovered a sophisticated payment card malware that executes before the operating system boots, making the malware very difficult to detect and much less remove.



The malware in question is part of "Nemesis" – a malware suite that includes

This 20-year-old Student Has Written 100 Malware Programs in Two Years

Security firm Trend Micro has identified a 20-year-old Brazilian college student responsible for developing and distributing over 100 Banking Trojans selling each for around US$300.
Known online as 'Lordfenix', 'Hacker's Son' and 'Filho de Hacker', the computer science student first began his career by posting in forums, asking for programming help for a Trojan he was developing, researchers said

Europol Arrests Gang Behind Zeus And SpyEye Banking Malware

The Law enforcement agencies from six different European countries have taken down a major Ukrainian-based cyber criminals gang suspected of developing, distributing and deploying Zeus and SpyEye banking malware.



According to the report on the official website of Europol, authorities have arrested five suspects between June 18 and 19.



All the five suspects are the members of an alleged

Dyre Wolf Banking Malware Stole More Than $1 Million

Security researchers have uncovered an active cyber attack campaign that has successfully stolen more than $1 Million from a variety of targeted enterprise organizations using spear phishing emails, malware and social engineering tricks.



The campaign, dubbed "The Dyre Wolf" by researchers from IBM's Security Intelligence division, targets businesses and organizations that use wire

Hackers Stole $300 Million from 100 Banks Using Malware

Despite increased online and mobile banking security, banks are more often being targeted by hackers. A hacker group has infiltrated a number of banks and financial institutions in several countries, stealing hundreds of Millions of dollars in possibly the biggest bank heist the world has ever seen.



According to a report published by the New York Times on Saturday, hackers have stolen as