Tag: finance
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Edtech company settles with FTC in wake of data breach
Wisconsin-based Illuminate Education will implement a data security program and delete unnecessary data under an agreement with the Federal Trade Commission prompted by a 2021 breach of the company’s network. First seen on therecord.media Jump to article: therecord.media/illuminate-education-data-breach-settlement-ftc
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Global Futures Reopen After CME Suffers Data Center Cooling Failure
A data center cooling failure at CME Group’s Chicago site froze global derivatives trading for hours, exposing vulnerabilities in financial infrastructure. The post Global Futures Reopen After CME Suffers Data Center Cooling Failure appeared first on TechRepublic. First seen on techrepublic.com Jump to article: www.techrepublic.com/article/news-global-futures-cme-data-center-cooling-failure/
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Asda’s ‘self-inflicted’ SAP mess after Walmart divorce stalls financial revival
Overbudget Project Future will continue to cause problems into Q2 next year, chairman admits First seen on theregister.com Jump to article: www.theregister.com/2025/12/01/asda_walmart_tech_divorce/
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New Albiriox MaaS Malware Targets 400+ Apps for On-Device Fraud and Screen Control
A new Android malware named Albiriox has been advertised under a malware-as-a-service (MaaS) model to offer a “full spectrum” of features to facilitate on-device fraud (ODF), screen manipulation, and real-time interaction with infected devices.The malware embeds a hard-coded list comprising over 400 applications spanning banking, financial technology, payment processors, cryptocurrency First seen on thehackernews.com Jump…
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Spesenbetrug Ist KI das perfekte Werkzeug für Betrüger?
Stehen Unternehmen Spesenbetrug mittels KI-Fakes machtlos gegenüber? Jüngst sorgte ein Bericht in der Financial Times mit der Nachricht für Aufsehen, dass die Anzahl an solchen Betrugsversuchen stark zunimmt. First seen on it-daily.net Jump to article: www.it-daily.net/it-sicherheit/cybercrime/spesenbetrug-ki-werkzeug-betrueger
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Londoners told to be vigilant with messages after cyber-attack on council
Royal Borough of Kensington and Chelsea says it is checking whether data taken contained residents’s detailsA London council has urged thousands of residents to be “extra vigilant” when receiving calls, emails or text messages after confirming that data had been taken in a cyber-attack.The Royal Borough of Kensington and Chelsea (RBKC), which has 147,500 residents,…
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Comcast Fined $1.5 Million to Settle FCC Probe Tied to Vendor Data Breach
Comcast has agreed to a $1.5 million settlement with the Federal Communications Commission (FCC) following a data breach at a third-party vendor that exposed the personal information of hundreds of thousands of its customers. The breach has raised concerns about the security of customer data when handled by external companies. The incident originated with Financial…
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Sicherheitslücke durch Bequemlichkeit: Tausende Bank- und Behördendaten offen im Netz
First seen on t3n.de Jump to article: t3n.de/news/code-formatter-leak-zugangsdaten-1718947/
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Breach Roundup: Recently Patched Oracle Flaw Under Attack
Also: npm Packages Infiltrated, FBI Issues Fraud Alert, Campbell’s Soup Cans CISO. This week, a recently fixed Oracle flaw is being actively exploited, Shelly tackled Pro 4PM DoS bug, Shai-Hulud 2.0 hit npm, the FBI warned of rising bank account takeover scams, regulators fined Comcast over a vendor breach, Iberia reported a supplier incident and…
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Cryptohack Roundup: WLF Scrambles to Secure User Funds
Also: UK Fraud Investigators Make Arrests in $28M Basis Markets Rug-Pull Probe. This week, World Liberty Financial scrambles to secure user funds, the U.K.’s Serious Fraud Office arrests two people over a $28M Basis Markets rug-pull probe, a Gana Payment hack drains $3.1M and Crypto Dispensers weighs a $100M sale following money-laundering charges against its…
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New legislation targets scammers that use AI to deceive
Following a rash of AI-assisted impersonations of U.S. officials, the bill would raise the financial and criminal penalties around using the technology to defraud. First seen on cyberscoop.com Jump to article: cyberscoop.com/new-legislation-targets-scammers-that-use-ai-to-deceive/
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New legislation targets scammers that use AI to deceive
Following a rash of AI-assisted impersonations of U.S. officials, the bill would raise the financial and criminal penalties around using the technology to defraud. First seen on cyberscoop.com Jump to article: cyberscoop.com/new-legislation-targets-scammers-that-use-ai-to-deceive/
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Qilin Ransomware Turns South Korean MSP Breach Into 28-Victim ‘Korean Leaks’ Data Heist
Tags: attack, breach, data, finance, group, korea, leak, msp, north-korea, ransomware, service, supply-chainSouth Korea’s financial sector has been targeted by what has been described as a sophisticated supply chain attack that led to the deployment of Qilin ransomware.”This operation combined the capabilities of a major Ransomware-as-a-Service (RaaS) group, Qilin, with potential involvement from North Korean state-affiliated actors (Moonstone Sleet), leveraging Managed Service Provider (MSP) First seen on…
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FBI Warns of $262M Losses from Account Takeover Fraud in 2025
The FBI reports over $262m in losses from account takeover schemes since January 2025, as cybercriminals impersonate financial institutions to steal data and funds First seen on infosecurity-magazine.com Jump to article: www.infosecurity-magazine.com/news/fbi-warns-account-takeover-fraud/
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FBI Warns of $262M Losses from Account Takeover Fraud in 2025
The FBI reports over $262m in losses from account takeover schemes since January 2025, as cybercriminals impersonate financial institutions to steal data and funds First seen on infosecurity-magazine.com Jump to article: www.infosecurity-magazine.com/news/fbi-warns-account-takeover-fraud/
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FBI Warns of $262M Losses from Account Takeover Fraud in 2025
The FBI reports over $262m in losses from account takeover schemes since January 2025, as cybercriminals impersonate financial institutions to steal data and funds First seen on infosecurity-magazine.com Jump to article: www.infosecurity-magazine.com/news/fbi-warns-account-takeover-fraud/
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US breach reinforces need to plug third-party security weaknesses
Cyber breach at US financial sector tech provider highlights the risk of third-party vulnerabilities in finance ecosystems First seen on computerweekly.com Jump to article: www.computerweekly.com/news/366634992/US-breach-reinforces-need-to-plug-third-party-security-weaknesses
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US breach reinforces need to plug third-party security weaknesses
Cyber breach at US financial sector tech provider highlights the risk of third-party vulnerabilities in finance ecosystems First seen on computerweekly.com Jump to article: www.computerweekly.com/news/366634992/US-breach-reinforces-need-to-plug-third-party-security-weaknesses
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US breach reinforces need to plug third-party security weaknesses
Cyber breach at US financial sector tech provider highlights the risk of third-party vulnerabilities in finance ecosystems First seen on computerweekly.com Jump to article: www.computerweekly.com/news/366634992/US-breach-reinforces-need-to-plug-third-party-security-weaknesses
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Unifying Cloud Strategy to Unlock AI Potential
Talcott Financial Group’s Dalavi on Oracle to Azure Migration and AI Innovation. Talcott Financial Group’s move from a dual-cloud setup to a unified Azure environment is reshaping performance, efficiency and AI readiness, says Sudhakar Dalavi, head of software engineering. He explains how data unification and continuous learning drive the next phase of innovation. First seen…
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FBI Reports $262M in ATO Fraud as Researchers Cite Growing AI Phishing and Holiday Scams
The U.S. Federal Bureau of Investigation (FBI) has warned that cybercriminals are impersonating financial institutions with an aim to steal money or sensitive information to facilitate account takeover (ATO) fraud schemes.The activity targets individuals, businesses, and organizations of varied sizes and across sectors, the agency said, adding the fraudulent schemes have led to more than…
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How certain can I be of the security in NHIs?
Are Machine Identities as Secure as We Think? Where digital rapidly expanding across various sectors”, from financial services to healthcare”, organizations are compelled to assess the integrity of their security systems, specifically when it involves machine or Non-Human Identities (NHIs). This raises a pressing question: How certain can security professionals be that these NHIs are…
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UK Parliamentary Committee Recommends Software Liability
Security by Design or Be Fined, Committee Suggests. A U.K. parliamentary committee is recommending a new statute forcing software publishers to hew to secure-by-design principles or else face financial penalties. The committee called for enforcement agencies empowered to levy fines to monitor industry for compliance. First seen on govinfosecurity.com Jump to article: www.govinfosecurity.com/uk-parliamentary-committee-recommends-software-liability-a-30132
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FBI: bank impersonators fuel $262M surge in account takeover fraud
Cybercriminals posing as banks drove a major spike in account takeover fraud this year, stealing over $262 million, the FBI warned. The FBI warns of a surge in account takeover fraud, with criminals posing as financial institutions and stealing over $262M since January 2025. Cybercriminals breach online financial, payroll, or health-savings accounts to steal money…
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Data Leaks: Why Are We So Stupid About Free Online Services?
JSON Code ‘Beautifiers’ Expose Sensitive Data From Banks, Government Agencies At what price beauty? Apparently, some developers will paste anything into JSON beautify sites, from researchers report recovering authentication keys, database credentials, personally identifiable information for banking customers and much more. First seen on govinfosecurity.com Jump to article: www.govinfosecurity.com/blogs/data-leaks-are-we-so-stupid-about-free-online-services-p-3982
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Find the Invisible: Salt MCP Finder Technology for Proactive MCP Discovery
The conversation about AI security has shifted. For the past year, the focus has been on the model itself: poisoning data, prompt injection, and protecting intellectual property. These are critical concerns, but they miss the bigger picture of how AI is actually being operationalized in the enterprise. We are entering the era of Agentic AI.…