Tag: finance
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The true cost of cybercrime for your business
As cybercriminals continue to refine their methods, blending traditional strategies with new technologies, the financial toll on individuals and organ… First seen on helpnetsecurity.com Jump to article: www.helpnetsecurity.com/2024/09/06/the-true-cost-of-cybercrime-for-your-business/
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Mastercard startet Zahlungsdienst mit Passkeys in Indien
First seen on heise.de Jump to article: www.heise.de/news/Mastercard-startet-Zahlungsdienst-mit-Passkeys-in-Indien-9858562.html
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FTC urged to stop tech makers downgrading devices after you’ve bought them
Tags: financeFirst seen on theregister.com Jump to article: www.theregister.com/2024/09/06/consumer_ftc_software_tethering/
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File-sharing phishing attacks zero-in on the financial sector
First seen on scmagazine.com Jump to article: www.scmagazine.com/perspective/file-sharing-phishing-attacks-zero-in-on-the-financial-sector
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FTC calls out security camera vendor Verkada over data exposure
First seen on scmagazine.com Jump to article: www.scmagazine.com/news/ftc-calls-out-security-camera-vendor-verkada-over-data-exposure
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Bitcoin ATM scam-related losses on the rise, FTC report shows
First seen on scmagazine.com Jump to article: www.scmagazine.com/brief/bitcoin-atm-scam-related-losses-on-the-rise-ftc-report-shows
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Warren slams legal challenges to FTC noncompete ban
Tags: financeAs the FTC noncompete ban faces legal challenges, some in Congress including Sen. Elizabeth Warren are supporting the FTC’s authority to create such a… First seen on techtarget.com Jump to article: www.techtarget.com/searchcio/news/366599705/Warren-slams-legal-challenges-to-FTC-noncompete-ban
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Banks, telcos call for more data sharing to fight fraud
A Which?-led coalition of banks and telecoms operators is calling on the UK’s new government to take the lead on enabling data sharing to help fight d… First seen on computerweekly.com Jump to article: www.computerweekly.com/news/366599463/Banks-telcos-call-for-more-data-sharing-to-fight-fraud
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Growth of Web3 Fuled New Opportunities for Threat Actors to Attack Finance Sectors
Web3 and DeFi have been appealing to many threat actors, and there has been a significant boost in heists that have become larger than any they have e… First seen on gbhackers.com Jump to article: gbhackers.com/web3-fuled-new-opportunities/
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Warnung vor Comdirect SMS-Spam
Ein Blog-Leser hat mich per Mail informiert, dass er derzeit vermehrt SMS-Spam erhält, der auf Kunden der Comdirect-Bank abzielt. In der SMS heißt es … First seen on borncity.com Jump to article: www.borncity.com/blog/2024/09/01/warnung-vor-comdirect-sms-spam/
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Banks Brace for DORA Cybersecurity Deadline on Jan. 17
New EU Rules Focus on Operational Resilience, Breach Reporting and Third-Party Risk. The Digital Operational Resilience Act aims to reshape the financ… First seen on govinfosecurity.com Jump to article: www.govinfosecurity.com/banks-brace-for-dora-cybersecurity-deadline-on-jan-17-a-26207
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Verkada Facing Penalty After Hackers Viewed Sensitive Video Footage
The US FTC has proposed a $2.95m fine for security camera firm Verkada for alleged security failings that allowed hackers to access customers’ video f… First seen on infosecurity-magazine.com Jump to article: www.infosecurity-magazine.com/news/verkada-penalty-hackers-sensitive/
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FTC: Over $110 million lost to Bitcoin ATM scams in 2023
‹The U.S. Federal Trade Commission (FTC) has reported a massive increase in losses to Bitcoin ATM scams, nearly ten times the amount from 2020 and rea… First seen on bleepingcomputer.com Jump to article: www.bleepingcomputer.com/news/security/ftc-americans-lost-over-110-million-to-bitcoin-atm-scams-in-2023/
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Trio Admits Running >>OTP Agency<< Enabling Bank Fraud, and 2FA Bypass
First seen on hackread.com Jump to article: hackread.com/trio-admits-running-otp-agency-bank-fraud-2fa-bypass/
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API attacks surge by 65% in APAC, fuelled by rapid digitisation
Akamai’s report reveals a significant rise in cyber attacks on web applications and APIs in the region over the past year, with financial and commerce… First seen on computerweekly.com Jump to article: www.computerweekly.com/news/366599603/API-attacks-surge-by-65-in-APAC-fuelled-by-rapid-digitisation
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AI Is Changing the Face of Fraud – And Fraud Fighting
Banks Using AI to Spot Fraud, Create Synthetic Data for Better Predictive Analytics. While the criminals may have an advantage in the AI race, banks a… First seen on govinfosecurity.com Jump to article: www.govinfosecurity.com/ai-changing-face-fraud-fraud-fighting-a-26200
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India’s Critical Infrastructure Suffers Spike in Cyberattacks
The financial and government sectors have come under increasing attacks in India, with the Reserve Bank of India (RBI) warning banks to double down on… First seen on darkreading.com Jump to article: www.darkreading.com/cyber-risk/india-s-critical-infrastructure-suffers-spike-in-cyberattacks
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Verkada Pay $2.95 Million Failed To Secure Data Lead To Massive Breach
The FTC has ordered Verkada to implement a comprehensive information security program to address its lax security practices that allowed a hacker to c… First seen on gbhackers.com Jump to article: gbhackers.com/verkada-pay-2-95-million-failed/
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Verkada to Pay $2.95 Million Over FTC Probe Into Security Camera Hacking
The FTC complaint alleges that Verkada’s failures allowed a hacker to access customers’ security cameras. The post Verkada to Pay $2.95 Million Over F… First seen on securityweek.com Jump to article: www.securityweek.com/verkada-to-pay-2-95-million-over-ftc-probe-into-security-camera-hacking/
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Verkada Agrees to $2.95M Civil Penalty With US FTC
Cloud-Based Security Camera Firm Pledges Better Security in US FTC Settlement. A California security camera company agreed to pay a $2.95 million civi… First seen on govinfosecurity.com Jump to article: www.govinfosecurity.com/verkada-agrees-to-295m-civil-penalty-us-ftc-a-26179
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FTC issues $3 million fine for security camera firm, issuing penalties for a range of violations
First seen on therecord.media Jump to article: therecord.media/verkada-security-camera-fined-3-million-ftc
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Verkada Agrees to $2.95M Civil Penalty After Hacks
Cloud-Based Security Camera Firm Pledges Better Security Ion US FTC Settlement. A California security camera company agreed to pay a $2.95 million civ… First seen on govinfosecurity.com Jump to article: www.govinfosecurity.com/verkada-agrees-to-295m-civil-penalty-after-hacks-a-26179
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Verkada Facing $3m Penalty After Hackers Viewed Sensitive Video Footage
The US FTC has proposed a $2.95m fine for security camera firm Verkada for alleged security failings that allowed hackers to access customers’ video f… First seen on infosecurity-magazine.com Jump to article: www.infosecurity-magazine.com/news/verkada-penalty-hackers-sensitive/
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Texas firm says it lost $60M in a bank wire transfer scam
First seen on techcrunch.com Jump to article: techcrunch.com/2024/08/14/texas-firm-says-it-lost-60m-in-a-bank-wire-transfer-scam/
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Third-party risk management is under the spotlight
In the aftermath of the CrowdStrike IT outage, new research has uncovered a critical vulnerability within financial institutions regarding supply chai… First seen on helpnetsecurity.com Jump to article: www.helpnetsecurity.com/2024/08/29/third-party-risk-management-spotlight/
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Phishing-Alarm: Sparkassen, QR-Code in Bank-Briefen, ELSTER
Ich packe mal einige Beiträge rund um das Thema Phishing in einem Sammelbeitrag zusammen, um ggf. im Blog mitlesende Endnutzer erneut zu sensibilisier… First seen on borncity.com Jump to article: www.borncity.com/blog/2024/08/28/phishing-alarm-sparkassen-qr-code-in-bank-briefen-elster/
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Argentina Busts Crypto Ring Linked to North Korea, Seizes Millions
In Argentina, the police have uncovered an illegal financial organization engaged in the exchange of fiat and cryptocurrencies, which may be connected… First seen on securityonline.info Jump to article: securityonline.info/argentina-busts-crypto-ring-linked-to-north-korea-seizes-millions/
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Is AI Making Banking Safer or Just More Complicated?
As Banks Combat Fraud, Customers Feel the Strain of Overly Cautious Measures In today’s AI-driven world, banks are becoming increasingly vigilant, oft… First seen on govinfosecurity.com Jump to article: www.govinfosecurity.com/blogs/ai-making-banking-safer-or-just-more-complicated-p-3695
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Iranian hackers work with ransomware gangs to extort breached orgs
An Iran-based hacking group known as Pioneer Kitten is breaching defense, education, finance, and healthcare organizations across the United States an… First seen on bleepingcomputer.com Jump to article: www.bleepingcomputer.com/news/security/iranian-hackers-work-with-ransomware-gangs-to-extort-breached-orgs/
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Irish wildlife park warns visitors to cancel bank cards after discovering cyberattack
First seen on therecord.media Jump to article: therecord.media/ireland-fota-wildlife-park-cyberattack