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CloudSEK's Threat Intelligence (TI) team continued its investigation and has uncovered a network of money mules, posing a significant risk to the Indian banking ecosystem.
We discovered that for Atlassian products (Jira, Confluence, and BitBucket), cookies are not invalidated, even if the password is changed, with 2FA (Two-factor Authentication) enabled, as the cookie validity is 30 days. They only expire when the user logs out, or after 30 days.
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The Report highlights how LATAM region faces over 100 ransomware attacks in 2023-24, led by Lockbit. Manufacturing, finance, and tech sectors are hardest hit. Data breaches, advanced malware campaigns, and election cyber threats surge, highlighting urgent cybersecurity needs.
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Discover how CloudSEK's Threat Intelligence team exposed a critical flaw in India's banking system, exploited by Chinese hackers for a vast money laundering operation using "money mule" accounts, and the malicious APK at the heart of this scheme.
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Unveiling a cyber heist: How an app duped a major Indian bank and posed a significant digital threat. This report highlights how Chinese Scammers Launder Money through UPI which is a new Threat to India's Digital Payment ecosystem.
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