Cyber Threats in a Changing Banking Landscape: Madrid16th of October 2019 - 10.00-17.00
The New World of Open Banking
The banking landscape is changing under influence of Open Banking and the move towards other channels, such as mobile, while the current infrastructures still need to be protected. This stretches the attack surface of financial institutions.
At this event, we will take you on a voyage through the current threat landscape for the financial sector and show you how clients are defrauded on desktop and mobile platforms. Additionally, you will get a unique insight into the new fraud scenarios that are connected to Open Banking, and a look at how other financial institutions are working together across international borders, in order to tackle these growing threats.
- 16th of October 2019
- 10.00-17.00 CET
- Hotel Exe Plaza
Paseo de la Castellana 191
10.00-10.15: Intro and Welcome
10.20-11.25: Fighting online fraud in the new world of Open Banking
Frank van Wijgerden, Senior Fraud Analyst, Fox-IT
The banking landscape is evolving; omnichannel, open banking and instant payments introduce new attack vectors for fraudsters with fewer datapoints for fraud detection. Frank van Wijgerden - Senior Fraud Analyst at Fox-IT - will discuss new fraud scenarios and share his vision on how to organise your fraud management process to be prepared for current and future threats targeting your customers.
11.30-12.35: Threat Update
John Morgan Salomon, Regional Director EMEA, FS-ISAC
The Financial Services Information Sharing and Analysis Center (FS-ISAC) is the pivotal institution in the financial services industry helping organisation fight financial crime. In this talk, John Morgan Salomon - Regional Director EMEA at FS-ISAC - will give you a threat update for the financial industry.
Complimentary lunch will be served.
14.05-15.05: Evolution of Mobile Malware; from Start to State of the Art
Gaetan van Diemen, General Manager, Threat Fabric
In the last two decades, financially motivated threat-actors have redoubled their efforts to come up with innovative tricks to perform fraud. The constant innovation and creativity shown by cyber-criminals is visible on the mobile malware threat-landscape, but few have taken time to observe and understand it.
This presentation will focus on:
• Mobile banking malware’s early days and step by step evolution
• The example of the infamous Anubis malware
• What to expect in the future
15.10-16.15: "The Trick" Evolution of Financial Malware
Santiago Vicente, Senior threat analyst, Fox-IT
In May 2014, ZeuS-P2P/Gameover came to an end, and with it, Slavik’s reign over the banking malware scene. However, just one month after, some of his former colleagues launched a new project: Dyre. Though unsophisticated in the beginning, the experienced team behind the project developed it into one of the most prevalent threats of that time. Being one of the most prevalent threats in 2015, law enforcement action was taken against several key individuals from the group, resulting in the disappearance of Dyre. From its ashes TheTrick was born. Building on the solid work done by the Dyre group it has evolved into one of the most active banking malware groups of this time.
In this talk, we will go through TheTrick’s evolution, from its origins until its most recent developments, including the latest modules and relations the group has to ransomware activity.
Sign up for the event by clicking the button below or by sending an email to email@example.com, or get in touch with your contact person at FortConslt for more information.