A cyber scam targeting the State Bank of India (SBI), one of the world’s largest banks with 500 million customers, utilises an SMS or WhatsApp message asking recipients to download a malicious app that spoofs the SBI login to collect customer details and bank account information. The app employs anti-forensics to foil investigation. The article authors note the ease with which apps can be downloaded on Android devices, and argue SMS as a second-factor authentication is easily compromised.
Major Cyber Attacks in Review: December 2024
In December 2024, multiple cyber attacks targeting various sectors were reported. Notably, ransomware groups like Black Basta and Cl0P, as well as state-sponsored hackers including