Tag: finance
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Chinese Guarantee Syndicates and the Fruit Machine
When I was speaking to a group of Bank Security people in New York City yesterday, I mentioned “machine rooms” — which are rooms full of Apple iPhones that are used to send iMessage phishing spam. Someone in the audience asked “Where would they get that many phones?” The kids like to use the acronym…
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Australian Banks Deploy Army of AI Bots to Scam Scammers
Apate.ai CEO Dali Kaafar on Turning the Tables on Fraudsters With AI-Powered Bots. Major banks in Australia are now using bots to foil scammers. The bots are designed to pose as potential victims, extract real-time intelligence and waste scammers’ resources. The data is then pushed directly into fraud detection systems used by banks, telecom providers…
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Ransomware Attack
Ransomware has become one of the most devastating forms of cybercrime in the modern era. From hospitals forced to cancel surgeries to global supply chains brought to a standstill, ransomware doesn’t just lock data”, it cripples organizations. The damage goes far beyond financial losses. Ransomware can erode trust, tarnish reputations, and create lasting business disruption.…
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Vietnam, Panama governments suffer incidents leaking citizen data
Vietnam’s credit information bureau and Panama’s finance ministry are each responding to apparent data breaches claimed by high-profile cybercrime groups. First seen on therecord.media Jump to article: therecord.media/vietnam-cic-panama-finance-ministry-cyberattacks
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Senator Urges FTC to Investigate Microsoft Product Security
Lawmaker Says Microsoft Lapses Led to Ascension Health’s Major 2024 Hack. Sen. Ron Wyden, D-Oregon, is urging the Federal Trade Commission to investigate Microsoft over the software giant’s alleged negligent cybersecurity, which he says contributed to ransomware attacks on critical infrastructure sector organizations, including last year’s attack on Ascension Health. First seen on govinfosecurity.com Jump…
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Panama Ministry of Economy discloses breach claimed by INC ransomware
Panama’s Ministry of Economy and Finance (MEF) has disclosed that one of its computers may have been compromised in a cyberattack.. First seen on bleepingcomputer.com Jump to article: www.bleepingcomputer.com/news/security/panama-ministry-of-economy-discloses-breach-claimed-by-inc-ransomware/
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FTC opens inquiry into how AI chatbots impact child safety, privacy
The inquiry is intended to determine whether the tech companies are taking adequate steps to limit children’s use of the chatbots, a goal that could be at odds with their desires to expand their reach. First seen on therecord.media Jump to article: therecord.media/ftc-opens-inquiry-ai-chatbots-kids
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Senator Urges FTC Probe Into Microsoft After Ascension Ransomware Attack
US Senator Ron Wyden urges the FTC to investigate Microsoft after its software contributed to a major ransomware… First seen on hackread.com Jump to article: hackread.com/senator-ftc-probe-microsoft-ascension-ransomware-attack/
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Senator Urges FTC Probe Into Microsoft After Ascension Ransomware Attack
US Senator Ron Wyden urges the FTC to investigate Microsoft after its software contributed to a major ransomware… First seen on hackread.com Jump to article: hackread.com/senator-ftc-probe-microsoft-ascension-ransomware-attack/
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Senator Wyden Urges FTC to Probe Microsoft for Ransomware-Linked Cybersecurity Negligence
U.S. Senator Ron Wyden has called on the Federal Trade Commission (FTC) to probe Microsoft and hold it responsible for what he called “gross cybersecurity negligence” that enabled ransomware attacks on U.S. critical infrastructure, including against healthcare networks.”Without timely action, Microsoft’s culture of negligent cybersecurity, combined with its de facto monopolization of the First seen…
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Cyberattacks against schools driven by a rise in student hackers, ICO warns
The privacy regulator said it identified “a worrying pattern” in the 215 insider threat breach reports from the education sector between January 2022 and August 2024, with 57% of incidents caused by students who were likely motivated by “dares, notoriety, financial gain, revenge and rivalries.” First seen on therecord.media Jump to article: therecord.media/cyberattacks-against-schools-driven-by-student-hackers
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Wyden Urges FTC Investigation Over Ascension Ransomware Hack
Senator Ron Wyden of Oregon has urged the FTC to investigate Microsoft for cybersecurity lapses linked to ransomware attacks on US critical infrastructure First seen on infosecurity-magazine.com Jump to article: www.infosecurity-magazine.com/news/wyden-urges-ascension-hack-ftc/
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FTC should investigate Microsoft after Ascension ransomware attack, senator says
Tags: access, attack, encryption, finance, hacker, healthcare, microsoft, network, ransomware, technologyHackers leveraged insecure Microsoft encryption technology known as RC4 to gain access to the network of the hospital chain Ascension, Sen. Ron Wyden said in a letter asking the Federal Trade Commission to investigate. First seen on therecord.media Jump to article: therecord.media/ascension-ransomware-attack-wyden-seeks-ftc-microsoft-investigation
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Senator blasts Microsoft for ‘dangerous, insecure software’ that helped pwn US hospitals
Ron Wyden urges FTC to probe failure to secure Windows after attackers used Kerberoasting to cripple Ascension First seen on theregister.com Jump to article: www.theregister.com/2025/09/11/wyden_microsoft_insecure/
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Microsoft under fire: Senator demands FTC investigation into ‘arsonist selling firefighting services’
Tags: access, attack, authentication, breach, business, cio, ciso, computer, corporate, cyber, cybersecurity, email, encryption, finance, government, hacker, mfa, microsoft, network, password, ransomware, service, software, technology, threat, updateThe technical reality behind the failures: Security experts have long criticized Microsoft’s reliance on outdated encryption standards. “RC4 should have been retired long ago, yet it still lurks in Active Directory and continues to enable attacks like Kerberoasting,” Gogia noted.Microsoft’s justification centered on backward compatibility concerns. “Microsoft’s line has been that switching it off overnight…
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Wyden Asks FTC to Investigate Microsoft’s ‘Gross Cybersecurity Negligence’
For the second time in two years, Senator Ron Wyden is asking federal regulators to investigate Microsoft’s cybersecurity practices, saying the ongoing weaknesses in the Windows OS is making federal agencies, critical infrastructure, and corporations vulnerable to ransomware and other cyberthreats. First seen on securityboulevard.com Jump to article: securityboulevard.com/2025/09/wyden-asks-ftc-to-investigate-microsofts-gross-cybersecurity-negligence/
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UK Rail Operator LNER Confirms Cyber Attack Exposing Passenger Data
LNER cyber attack exposes passenger contact details and journey data. No financial information or passwords were taken, but… First seen on hackread.com Jump to article: hackread.com/uk-rail-operator-lner-cyber-attack-passenger-data/
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Wyden Urges FTC to Investigate Microsoft Over Weak RC4 Encryption Enabling Kerberoasting
Tags: attack, cyber, cybersecurity, encryption, finance, infrastructure, microsoft, ransomware, software, vulnerability, windowsSenator Ron Wyden has formally requested the Federal Trade Commission investigate Microsoft for cybersecurity negligence that has enabled ransomware attacks against critical infrastructure organizations nationwide. In a September 10 letter to FTC Chair Andrew Ferguson, Wyden detailed how Microsoft’s dangerous software engineering decisions have made Windows systems extremely vulnerable to sophisticated cyberattacks. The senator’s investigation…
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Wyden calls on FTC to investigate Microsoft for ‘gross cybersecurity negligence’ in protecting critical infrastructure
The Oregon senator said Microsoft’s default settings for Windows and other products are enabling ransomware attacks, like the one against Ascension hospital system in 2024. First seen on cyberscoop.com Jump to article: cyberscoop.com/ron-wyden-ftc-microsoft-default-security-flaws-rc4-kerberoasting-ascension-ransomware/
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UK contactless card payment limits could be unlimited
The UK Financial Conduct Authority says contactless payment technology technology and fraud protections have advanced enough for firms to adjust the limit First seen on computerweekly.com Jump to article: www.computerweekly.com/news/366630556/UK-contactless-card-payment-limits-could-be-unlimited
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Lazarus Hackers Abuse Git Symlink Vulnerability in Stealthy Phishing Campaign
KuCoin’s security team has uncovered a new phishing campaign orchestrated by the Lazarus Group (APT38), the notorious state-sponsored collective renowned for financially motivated cyberespionage. Armed with government resources and a history of high-profile breaches, Lazarus continues to evolve its tactics to target cryptocurrency and financial institutions worldwide. Over the last decade, Lazarus has homed in…
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Southeast Asian Scam Centers Face More Financial Sanctions
Firms cooperating with cybercrime syndicates in Burma and Cambodia face sanctions by the US government and enforcement actions by China, but the scams continue to grow. First seen on darkreading.com Jump to article: www.darkreading.com/cyber-risk/southeast-asian-scam-centers-financial-sanctions
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Lazarus Hackers Abuse Git Symlink Vulnerability in Stealthy Phishing Campaign
KuCoin’s security team has uncovered a new phishing campaign orchestrated by the Lazarus Group (APT38), the notorious state-sponsored collective renowned for financially motivated cyberespionage. Armed with government resources and a history of high-profile breaches, Lazarus continues to evolve its tactics to target cryptocurrency and financial institutions worldwide. Over the last decade, Lazarus has homed in…
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Lazarus Hackers Abuse Git Symlink Vulnerability in Stealthy Phishing Campaign
KuCoin’s security team has uncovered a new phishing campaign orchestrated by the Lazarus Group (APT38), the notorious state-sponsored collective renowned for financially motivated cyberespionage. Armed with government resources and a history of high-profile breaches, Lazarus continues to evolve its tactics to target cryptocurrency and financial institutions worldwide. Over the last decade, Lazarus has homed in…
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LNER urges customers to be vigilant after passenger details accessed in cyber-attack
Data breach at third-party supplier involves contact details and some information about previous journeys<ul><li><a href=”https://www.theguardian.com/business/2025/sep/10/jaguar-land-rover-says-cyber-attack-has-affected-some-data”>Jaguar Land Rover says cyber-attack has affected ‘some data'</li></ul>The train operator LNER has urged customers to be wary of unsolicited communications after revealing some passengers’ contact details and journey records have been accessed in a cyber-attack.The data breach took place at…