ESET researchers explored Mekotio, a banking trojan targeting Spanish- and Portuguese-speaking countries: mainly Brazil, Chile, Mexico, Spain, Peru and Portugal. Mekotio boasts several typical backdoor activities, including taking screenshots, restarting affected machines, restricting access to legitimate banking websites, and, in some variants, even stealing bitcoins and exfiltrating credentials stored by the Google Chrome browser.
A survey among 78 financial institutions in Latin America and the Caribbean holding 54 percent of the total assets managed by the banking sector in the region, revealed that 38 percent of banks incorporate guidelines on climate change in their strategy and 24 percent have a policy on climate risk evaluation and disclosure.
The Financial Industry Regulatory Authority (FINRA) has fined Citigroup Global Markets Inc. $1.25 million for failing to conduct timely or adequate background checks on approximately 10,400 non-registered associated persons spanning a seven-year period.
Positive Technologies released a new report, Bank Attacks 2018, detailing that banks have built up formidable barriers to prevent external attacks, yet fall short in defending against internal attackers.
America’s banks prevented $9 out of every $10 of attempted deposit account fraud in 2016, according to the 2017 American Bankers Association Deposit Account Fraud Survey Report.