Weekly Update: 01 February 2023
A weekly report looking at major incidents and developments in the financial services sector. Topics include data breaches, threat actors and TTPs, fraud and anti-money laundering, and the adoption and regulation of cryptocurrency.
Editor’s Pick
A selection of Top Stories picked by our editors.
Financial Sector Sees 22% YoY Rise in DDoS Attacks, Warns FS-ISAC ReportTech Times – Jan 31 2023 18:34
Crypto users lost $28m to scammers in JanuaryCrypto.News – Jan 31 2023 17:35
Financial Services Targeted in 28% of UK Cyber-Attacks Last YearInfosecurity Today – Jan 31 2023 16:00
Prilex modification now targeting contactless credit card transactionsKaspersky Lab – Jan 31 2023 08:00
Red Flag Indicators of 2023’s Top Financial Crime TypologiesComplyAdvantage – Jan 30 2023 11:00
Crypto Money Laundering: Four Exchange Deposit Addresses Received Over $1 Billion in Illicit Funds in 2022Chainalysis Blog – Jan 26 2023 16:55
No Blocking, No Issue: The Curious Ecosystem of Financial Advisor Impersonation ScamsDomainTools – Blog – Jan 26 2023 16:52
The Godfather Banking Trojan Expands Application Targeting to Affect More Europe-Based VictimsEclecticIQ Blog – Jan 26 2023 12:08
AA23-025A: Protecting Against Malicious Use of Remote Monitoring and Management SoftwareCISA Alerts – Jan 25 2023 17:55
Threat Actors & TTPs
Discussion and analyses of significant campaigns, incidents, and associated actors in the banking sector.
Crypto scam apps infiltrate Apple App Store and Google PlayBleeping Computer – Feb 01 2023 12:47
Analyzing Malware Code that Cryptojacks System to Mine for Monero CryptoCERT-EU – Latest News – Feb 01 2023 09:50
Attack Cases of CoinMiners Mining Ethereum Classic CoinsASEC Blog – AhnLab English – Jan 31 2023 00:32
Porsche halts NFT launch, phishing sites fill the voidBleepingComputer.com – Jan 30 2023 22:58
“StreamJacking” – Hijacking Hundreds of YouTube Channels Per Day Propagating Elon Musk Branded…Medium Cybersecurity – Jan 27 2023 13:57
CryptBot #malware analysis just dropped in the blog 🔥 We’ve seen #CryptBot quite a lot in the news lately, so it’s time to investigate it! Learn about its MITRE ATT&CK techniques, network activity, and follow our dynamic & static analysis process.anyrun_app – Twitter – Jan 26 2023 08:01
Kronos Malware Reemerges with Increased FunctionalitySecurity Intelligence – Jan 25 2023 17:30
Titan Stealer: The Growing Use of GoLang Among Threat ActorsCyble Blog – Jan 25 2023 13:45
The Rise of Amadey Bot: A Growing Concern for Internet SecurityCyble Blog – Jan 25 2023 09:48
Leaks & Breaches
Leaks and breaches, discussion and actions.
GTBank under probe for allegedly breaching customers’ data, weeks after UK money laundering fineRipples Nigeria – Jan 31 2023 06:15
Hackers Transfer Over $3.26 Million in Ethereum from CreamFinanceMetacurity – Twitter – Jan 30 2023 11:27
Gazprombank Investments Denies Data BreachUrduPoint.com – Jan 27 2023 21:37
#GermanyRIP. Kremlin-loyal hacktivists wage DDoSes to retaliate for tank aidArsTechnica – Jan 27 2023 19:51
Hackers take over Robinhood’s Twitter account to promote scam tokenCointelegraph – Jan 25 2023 18:50
Zacks Investment Research data breach affects 820,000 clientsBleeping Computer – Jan 25 2023 18:47
The Blockchain Bandit is On the Move: Wallet of Prolific Crypto Thief Moves Funds for First Time in Six YearsChainalysis Blog – Jan 25 2023 16:09
Fraud & Anti-Money Laundering
Incidents and actions related to fraud and anti-money laundering.
My Big Coin Founder Gets 8-Year Jail Sentence for FraudCoinDesk – Feb 01 2023 09:38
Crypto scammers abuse ‘lax’ UK company laws to fool victims: ReportCointelegraph – Feb 01 2023 02:49
Iraqi PM says banking reforms reveal fraudulent dollar transactionsArabNews – Feb 01 2023 00:45
Crypto Promoter Sentenced Over Role in Securities Fraud SchemeBloomberg Law – Jan 31 2023 20:53
Monkey Drainer-linked scammers possibly exposed after an on-chain quarrelCOINTELEGRAPH.COM – Jan 30 2023 04:36
Counterfeit Banknote Listings on Dark Web Spike by 91%Digit.fyi – Jan 27 2023 11:00
ShinyHunters suspect extradited to United States from Morocco, could face 116 years in jail if convictedThe State of Security – Jan 26 2023 15:22
Dutch central bank fines Coinbase over €3.3 million for ignoring AML, terror financing rulesNL Times – Jan 26 2023 12:27
Swedbank Ex-CEO Cleared of Money-Laundering Cover-UpOCCRP – Jan 25 2023 18:59
Estonia Passes Key Money-Laundering Test After Crypto CrackdownBloomberg Law – Jan 25 2023 10:48
Cryptosphere – Adoption & Regulation
Adoption and regulation of cryptocurrency in the financial sector.
Panama Supreme Court to rule over the applicability of digital currency legislationCoinGeek – Jan 31 2023 16:32
EBA clarifies the application of strong customer authentication requirements to digital walletsEuropean Banking Authority – Jan 31 2023 10:09
Montenegro’s central bank teams up with Ripple on digital currency pilot projectCOINTELEGRAPH.COM – Jan 30 2023 18:33
Philippines securities watchdog new rules to clamp down on virtual currency bad actorsCoinGeek – Jan 30 2023 02:32
South Korea to deploy cryptocurrency tracking system in 2023Cointelegraph – Jan 29 2023 07:37
US Federal Reserve Board Issues Policy Statement That Limits Banks’ Crypto Related ActivitiesBitcoin.com – Jan 28 2023 19:58
Monetary Authority of Singapore chief warns global policymakers against legitimizing speculative digital currenciesCoinGeek – Jan 28 2023 04:32
Irish Central Bank Calls Crypto Ponzi, Urges Ban On Crypto AdvertisementsBitcoinist – Jan 27 2023 18:23
BIS: DeFi could shape the future of finance, but it’s too complexCoinGeek – Jan 27 2023 06:31
UK’s FCA hints at why its given only 15% of crypto firms the regulatory nodCointelegraph – Jan 27 2023 02:06
The content in this report was compiled by the use of our award-winning intelligence product Silobreaker Online. Silobreaker cannot guarantee the accuracy, completeness, integrity or quality of any content in this report and no responsibility is accepted by Silobreaker in respect of such content. Readers must determine for themselves what reliance they should place on the compiled content in the report.
