Tag: finance
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Financial institutions have 30 days to disclose breaches under new rules
First seen on arstechnica.com Jump to article: arstechnica.com/
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Running Copilot for Security without breaking the bank
Tags: financeFirst seen on thesecurityblogger.com Jump to article: www.thesecurityblogger.com/running-copilot-for-security-without-breaking-the-bank/
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Indian Ex-Employee Jailed for Wiping 180 Virtual Servers in Singapore
erminated employee deleted his employer’s servers, causing major financial loss. Read about the growing threat of disgruntled ex-employees and how com… First seen on hackread.com Jump to article: hackread.com/indian-ex-employee-jail-wiping-singapore-virtual-servers/
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Betrugswelle: Deutsche & Commerzbank-Kunden im Visier von Cyberkriminellen
Betrüger versuchen verstärkt an Daten von Bankkunden zu gelangen, wie eine neue Phishing-Welle zeigt. Im Namen der Deutschen Bank verschicken sie SMS … First seen on heise.de Jump to article: www.heise.de/news/Aktuelle-Phishing-Welle-Deutsche-Bank-Kunden-im-Visier-von-Cyberkriminellen-9767308.html
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DORA Compliance Strategy for Business Leaders
In January 2025, European financial and insurance institutions, their business partners and providers, must comply with DORA. In January 2025, financi… First seen on securityaffairs.com Jump to article: securityaffairs.com/164535/laws-and-regulations/dora-compliance-strategy-for-business-leaders.html
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Truist Bank says breach of customer data is unrelated to Snowflake
First seen on scmagazine.com Jump to article: www.scmagazine.com/news/truist-bank-says-breach-of-customer-data-is-unrelated-to-snowflake
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Insurance giant Globe Life investigating web portal breach
American financial services holding company Globe Life says attackers may have accessed consumer and policyholder data after breaching one of its web … First seen on bleepingcomputer.com Jump to article: www.bleepingcomputer.com/news/security/insurance-giant-globe-life-investigating-web-portal-breach/
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Prevent Account Takeover with Better Password Security
Tom works for a reputable financial institution. He has a long, complex password that would be near-impossible to guess. He’s memorized it by heart, s… First seen on thehackernews.com Jump to article: thehackernews.com/2024/06/prevent-account-takeover-with-better.html
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Truist Bank confirms breach after stolen data shows up on hacking forum
Leading U.S. commercial bank Truist confirmed its systems were breached in an October 2023 cyberattack after a threat actor posted some of the company… First seen on bleepingcomputer.com Jump to article: www.bleepingcomputer.com/news/security/truist-bank-confirms-data-breach-after-stolen-data-shows-up-on-hacking-forum/
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Data breach confirmed by Truist Bank following Sp1d3r claims
First seen on scmagazine.com Jump to article: www.scmagazine.com/brief/data-breach-confirmed-by-truist-bank-following-sp1d3r-claims
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The Ticketmaster Data Breach May Be Just the Beginning
Data breaches at Ticketmaster and financial services company Santander have been linked to attacks against cloud provider Snowflake. Researchers fear … First seen on wired.com Jump to article: www.wired.com/story/snowflake-breach-ticketmaster-santander-ticketek-hacked/
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A Deep Dive Into the Economics and Tactics of Modern Ransomware Threat Actors
The MGM Resorts breach is just one example demonstrating the crippling financial, legal and operational consequences of ransomware incidents. The post… First seen on securityboulevard.com Jump to article: securityboulevard.com/2024/06/a-deep-dive-into-the-economics-and-tactics-of-modern-ransomware-threat-actors/
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Treasury Seeks Industry, Academic Insight on AI Use, Risks
Department Is Asking for Information About How AI Is Used in Financial Products. The financial services industry is no stranger to artificial intellig… First seen on govinfosecurity.com Jump to article: www.govinfosecurity.com/treasury-seeks-industry-academic-insight-on-ai-use-risks-a-25516
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Financial Institutions Must Reexamine Their Technology Setup
In today’s fast-evolving financial landscape where customer expectations and technological advancements are constantly shifting, financial… The post… First seen on securityboulevard.com Jump to article: securityboulevard.com/2024/06/financial-institutions-must-reexamine-their-technology-setup/
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Wyden: SEC, FTC Should Investigate UnitedHealth’s ‘Negligent’ Security Practices
The senator called for investigations into negligent cybersecurity practices by UnitedHealth Group after a ransomware attack on its subsidiary Change … First seen on duo.com Jump to article: duo.com/decipher/wyden-sec-ftc-should-investigate-unitedhealth-s-negligent-security-practices
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SAP Patches High-Severity Vulnerabilities in Financial Consolidation, NetWeaver
SAP has released 10 new security notes on June 2024 Security Patch Day, including two addressing high-severity vulnerabilities. The post released 10 n… First seen on securityweek.com Jump to article: www.securityweek.com/sap-patches-high-severity-vulnerabilities-in-financial-consolidation-netweaver/
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Case Study: How Sungage Financial improved their application security within 1 week
Sungage Financial chose Escape’s API security solution to secure their new GraphQL APIs. Escape’s easy setup, actionable remediation, and GraphQL supp… First seen on securityboulevard.com Jump to article: securityboulevard.com/2024/06/case-study-how-sungage-financial-improved-their-application-security-within-1-week/
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Solaris SE partners with Salt Security
Salt Security, the leading API security company, today announced that Solaris SE, Europe’s leading embedded finance platform, has deployed Salt Securi… First seen on itsecurityguru.org Jump to article: www.itsecurityguru.org/2024/05/30/solaris-se-partners-with-salt-security/
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GoldPickaxe iOS Malware Harvests Facial Recognition Data Bank Accounts
Due to the growing popularity of Apple devices, cybercriminals are increasingly targeting iOS and macOS with malware. The App Store is no longer secur… First seen on gbhackers.com Jump to article: gbhackers.com/goldpickaxe-ios-malware/
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BBC Breach Puts 25K Pension Scheme Members at Risk
Though information such as dates of birth, email addresses, and home addresses were compromised, the Beeb assures individuals that financial informati… First seen on darkreading.com Jump to article: www.darkreading.com/cyberattacks-data-breaches/bbc-breach-puts-25k-pension-scheme-members-at-risk
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Guardian Analytics and Webster Bank Settle $1.4 Million Data Breach Lawsuit
First seen on thecyberexpress.com Jump to article: thecyberexpress.com/guardian-analytics-webster-bank-data-breach/
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Brazilian Banks Targeted by New AllaKore RAT Variant Called AllaSenha
Brazilian banking institutions are the target of a new campaign that distributes a custom variant of the Windows-based AllaKore remote access trojan (… First seen on thehackernews.com Jump to article: thehackernews.com/2024/05/brazilian-banks-targeted-by-new.html
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US Regulators Intensify Antitrust Scrutiny of AI Developers
DOJ and FTC to Launch Antitrust Investigations Into Microsoft, OpenAI and Nvidia. The Justice Department and the Federal Trade Commission reportedly r… First seen on govinfosecurity.com Jump to article: www.govinfosecurity.com/us-regulators-intensify-antitrust-scrutiny-ai-developers-a-25440
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Financial Business and Consumer Solutions breach toll exceeds 3.2M
First seen on scmagazine.com Jump to article: www.scmagazine.com/brief/financial-business-and-consumer-solutions-breach-toll-exceeds-3-2m
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‘Moonstone Sleet’ APT Melds Espionage, Financial Goals
North Korea’s newest threat actor uses every trick in the nation-state APT playbook, and most of cybercrime’s tricks, too. It also developed a whole v… First seen on darkreading.com Jump to article: www.darkreading.com/threat-intelligence/microsoft-moonlight-sleet-apt-melds-espionage-financial-goals
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Mastering Cyber Risk Quantification Methods: A Strategic Approach
Quantitative Risk models have long been applied in the financial and insurable risk fields and are now being used extensively in cybersecurity. Quanti… First seen on securityboulevard.com Jump to article: securityboulevard.com/2024/06/mastering-cyber-risk-quantification-methods-a-strategic-approach/
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How Poor Cryptographic Practices Endanger Banking Software Security
In today’s digital age, financial institutions rely heavily on encryption to protect sensitive data in their banking applications. However, despite th… First seen on securityboulevard.com Jump to article: securityboulevard.com/2024/06/how-poor-cryptographic-practices-endanger-banking-software-security/
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Apache Log4j threat persists in global finance sector
First seen on scmagazine.com Jump to article: www.scmagazine.com/brief/apache-log4j-threat-persists-in-global-finance-sector
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Collection agency FBCS ups data breach tally to 3.2 million people
Debt collection agency Financial Business and Consumer Solutions (FBCS) now says over 3.2 million people have been impacted by a data breach that occu… First seen on bleepingcomputer.com Jump to article: www.bleepingcomputer.com/news/security/collection-agency-fbcs-ups-data-breach-tally-to-32-million-people/
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Security challenges in the financial sector⎪Max Imbiel (CISO, Bitpanda)
This blog is based on the podcast episode with Max Imbiel, CISO at Bitpanda. It covers the unique challenges of building secure financial applications… First seen on securityboulevard.com Jump to article: securityboulevard.com/2024/06/security-challenges-in-the-financial-sector%e2%8e%aamax-imbiel-ciso-bitpanda/