Victims are mostly Russian banks but we also found infected organizations in Malaysia and Armenia.
The deployment, Juvorsquo;s first in Malaysia, will drive financial inclusion across a population that has rapidly adopted smartphones in a highly saturated market.‘Pay Laterrsquo;, created by Juvo and fueled by Juvorsquo;s Identity Scoring, is... Source: RealWire
Information about the new attacks arrived from a research partner in Taiwan and we decided to review the actorrsquo;s tools, techniques and activities.
That's when congressional leaders told the White House that it would no longer consider entering the pact with a lame-duck president.
The failing deal was of interest to Ars due to how intellectual property would have been treated.
As we noted, "the TPP exported US copyright law regarding how long a copyright lasts.
For signing nations, the plan would have made copyrights last for the life of the creator plus 70 years after his or her death.
That's basically the same as in the US." The nations remaining in the sputtering pact include Japan, Australia, Peru, Malaysia, Vietnam, New Zealand, Chile, Singapore, Canada, Mexico, and Brunei.
China has proposed a 16-nation free-trade bloc that includes India.
The Trump administration is expected to begin trade negotiations with each TPP nation separately. The Motion Picture Association of America had hailed the TPP when the 2,000-page text of the pact was released in 2015, after negotiations were carried out in secret. "The TPP reaffirms what we have long understood—that strengthening copyright is integral to America’s creative community and to facilitating legitimate international commerce," Chris Dodd, the MPAA chairman, said at the time.
The relationship enables retailers to securely process payments in Asia-Pacific through Computop’s Paygate payment gateway using the payment methods that consumers in the region prefer and trust, helping to positively impact sales and the overall customer experience.A recent e-Marketer report noted that Asia-Pacific will remain the world’s largest retail e-commerce market, with sales expected to top $1 trillion in 2016 and more than double to $2.725 trillion by 2020.
Findings also noted that the region will see the fastest rise in retail e-commerce sales, increasing 31.5% this year.
In addition, according to a study by Kantar TNS, Asia-Pacific is leading the world in mobile payment with over half (53%) of connected consumers using their mobile phones to pay for goods or services at the point-of-sale via apps.
As such, the Computop and AsiaPay partnership enables retailers to capitalize on the growth opportunity that Asia-Pacific presents. “Expanding business into foreign markets may seem daunting, but working with companies that have a strong foothold in those regions and that understand the payment behaviors and preferences of consumers in those countries is key to retailer success,” said Ralf Gladis, CEO of Computop. “Through our partnership with AsiaPay, Computop is able to provide merchant customers with the opportunity to take advantage of Asia-Pacific consumers’ appetite for e-commerce. With Computop Paygate integrated with AsiaPay, retailers benefit from the secure payment options that southeast Asian consumers expect and trust.” “We are very honoured to be a strategic partner of Computop,” said Joseph Chan, CEO of AsiaPay. “Our company has more than 16 years of experience in credit card processing and international business service, giving us a solid position as a premier e-Payment player in the region.
Furthermore, we have a keen understanding of merchants’ payment requirements in the fast-paced e-commerce business environment. We believe that a strategic cooperation with Computop can help merchants improve their processing efficiency, thereby contributing to their business growth as well as support their global endeavor,” he added. Founded in 2000, AsiaPay offers secure and cost-effective electronic payment processing solutions and services to banks and e-businesses globally.
The company offers a variety of card payments, online bank transfers, e- wallets and cash payments across over 16 countries, including Hong Kong, China, India, Indonesia, Malaysia, Singapore, Philippines, Taiwan, Thailand and Vietnam.
It is a certified international 3-D secure vendor for VISA, MasterCard, American Express and JCB. Computop Paygate is a PCI-certified omnichannel payment platform that provides retailers with secure payment solutions and efficient fraud prevention for international markets.
Computop integrated AsiaPay into Paygate to offer merchants a wide range of payment methods in the Asia-Pacific region to support their cross-border and global commerce efforts. Payment methods available on Paygate include Alipay, American Express, JCB, Tenpay and WeChat, along with many other widely-accepted payment options that consumers in these countries use. About ComputopComputop is a leading global payment service provider (PSP) that provides compliant and secure solutions in the fields of e-commerce, POS, m-commerce and Mail Order and Telephone Order (MOTO).
The company, founded in 1997, is headquartered in Bamberg, Germany, with additional independent offices in China, the UK and the U.S.
Computop processes transactions totalling $24 billion per year for its client network of over 14,000 mid-size and large international merchants and global marketplace partners in industries such as retail, travel and gaming.
Global customers include C&A, Fossil, Metro Cash & Carry, Rakuten, Samsung and Swarovski.
Following the recent asset deal with the Otto Group, Computop is now processing payments for merchants that previously used EOS Payment, including all 100 Otto retail brands.
In cooperation with its network of financial and technology partners, which it has expanded over many years, Computop offers a comprehensive multichannel solution that is geared to the needs of today's market and provides merchants with seamlessly integrated payment processes. For further information, please visit www.computop.com. About AsiaPayFounded in 2000, AsiaPay, a premier electronic payment solution and technology vendor and payment service provider, strives to bring advanced, secure, integrated and cost-effective electronic payment processing solutions and services to banks, corporate and e-Businesses in the worldwide market, covering international credit card, China UnionPay (CUP) card, debit card and other prepaid card payments. AsiaPay is an accredited payment processor and payment gateway solution vendor for banks, certified IPSP for merchants, certified international 3-D Secure vendor for Visa, MasterCard, American Express and JCB.
AsiaPay offers its variety of award-winning payment solutions that are multi-currency, multi-lingual, multi-card and multi-channel, together with its advanced fraud detection and management solutions. Headquartered in Hong Kong, AsiaPay offers its professional e-Payment solution consultancy and quality local service support across its other 12 offices in Asia including: Thailand, Philippines, Singapore, Malaysia, Mainland China, Taiwan, Vietnam, Indonesia and India.
For more information, please visit www.asiapay.com and www.paydollar.com. ### For further information, please contact:Jessica MularczykAscendant Communications, for Computop in the U.S.Tel: 508-498-9300E-mail: firstname.lastname@example.org Charlotte HansonAscendant Communications, for Computop in the UKTel: +44 (0) 208 334 8041E-mail: email@example.com Valerie SanchezSenior Channel ManagerAsiaPayTel: (632) 887-2288E-mail: firstname.lastname@example.org Alvin ChanAssociate Director, Sales & MarketingAsiaPayTel: +852-2538 8278E-mail: email@example.com
The remote hack works from anywhere in the world, robbing banks in as little as 10 minutes.
It is every consumer's dream to find an ATM spitting out cash like a winning slot machine, and it seems that hackers in Eastern Europe have figured out how to make that a reality.
As outlined by Russian security firm Group IB, the hackers are linked to the Buhtrap crew, which stole $28 billion from Russian banks between August 2015 and January 2016, according to Reuters. But while Buhtrap looted ATMs via fraudulent wire transfers, the ATM scammers reportedly use a less hands-on method: "touchless jackpotting."
The remote hack works from anywhere in the world, robbing banks in as little as 10 minutes. The hackers reportedly use a penetration testing tool known as Cobalt Strike, which lets them access servers that control ATMs via bank PCs infected by malicious emails. Accomplices then wait by the targeted ATMs and scoop up the cash as it spits out of the machine.
The hackers reportedly hit financial institutions in Armenia, Belarus, Bulgaria, Estonia, Georgia, Kyrgyzstan, Malaysia, Moldova, the Netherlands, Poland, Romania, Russia, Spain, and the UK. Group IB did not reveal which banks were targeted.
Global ATM manufacturers Diebold Nixdorf and NCR confirmed to PCMag that they are "familiar" with these types of breaches.
"ATM attacks are becoming more complex and sophisticated as hackers dedicate more time to attacking infrastructure," an NCR spokeswoman said in a statement. "Securing one's infrastructure and endpoints is a never-ending and extremely important task that does not depend on the region or attack type."
Diebold Nixdorf, meanwhile, claims there is "no indication to us that this group of fraudsters is active in Europe or the Americas."
But that doesn't mean they won't be. "Logical attacks on ATMs are expected to become one of the key threats targeting banks," according to Dmitry Volkov, head of the Group IB investigation department.
"They enable cybercriminals to commit fraud remotely from anywhere globally and attack the whole ATM network without being 'on the radar' of security services," he said in a statement. "This type of attack does not require development of expensive advanced software—a significant amount of the tools used are widely available on the deep Web."
As the Wall Street Journal reports, the FBI recently warned US banks to look out for potential attacks, following incidents in Taiwan and Thailand over the summer.
"Every bank is under threat of logical attacks on ATMs and should be protected accordingly," Volkov added.