The attack on IT outsourcing giant Wipro appears to have been motivated by gift card fraud, not espionage or a supply-chain attack against another company.
Mobile payments are very popular in African companies and SIM card fraud is a massive problem. At the Kaspersky Security Analyst Summit, CERT Mozambique discussed how the banks and mobile operators worked together to ensure thieves didn't loot customer accounts just by stealing phone number.
The Android security team was busy battling the Chamois malware family on Google Play starting in 2016. Android security engineer Maddie Stone outlined the steps Google has taken to reduce the number of devices infected with this technically complex malware.
Criminals can buy digital fingerprints such as user behavior, cookies, and device information on the Genesis marketplace to fool banks' anti-fraud systems and conduct credit card fraud.
It's a good day when law enforcement, working with industry partners like Google, Symantec and White Ops dismantle a massive operation designed to steal advertising revenue.