Tag: finance
-
‘OpenAI’ Job Scam Targeted International Workers Through Telegram
An alleged job scam, led by “Aiden” from “OpenAI,” recruited workers in Bangladesh for months before disappearing overnight, according to FTC complaints obtained by WIRED. First seen on wired.com Jump to article: www.wired.com/story/openai-job-scam/
-
How to create an effective incident response plan
Tags: access, advisory, attack, backup, breach, business, ceo, ciso, communications, corporate, cyber, cybersecurity, email, endpoint, exploit, finance, governance, guide, incident, incident response, insurance, law, lessons-learned, malicious, monitoring, network, office, phone, ransomware, risk, security-incident, service, strategy, supply-chain, technology, threat, updateEstablish a comprehensive post-incident communications strategy: Another key element that can make or break an incident response strategy is communications. Without clear communications among the major stakeholders of the business, a company might experience much longer downtimes or the loss of vital processes for extended periods.”How are you going to go about communicating? With whom?…
-
US employee screening giant DISA says hackers accessed data of more than 3M people
The Texas-based company said hackers accessed applicants’ SSNs and financial information First seen on techcrunch.com Jump to article: techcrunch.com/2025/02/25/us-employee-screening-giant-disa-says-hackers-accessed-data-of-more-than-3m-people/
-
Russia warns financial sector organizations of IT service provider LANIT compromise
Russia’s NKTsKI warns financial sector organizations about a breach at major Russian IT service and software provider LANIT. Russia’s National Coordination Center for Computer Incidents (NKTsKI) warns the financial sector of security breach at IT service and software provider LANIT, potentially affecting LANTER and LAN ATMservice. According to the security breach notification published by GosSOPKA,…
-
Essential Steps for Military Members to Protect Against Identity Theft
Over the course of my professional and military career, I’ve noticed an increasing trend in malicious actions targeting the military community. Military personnel face unique cybersecurity threats, including targeted identity theft from foreign adversaries. Service members in particular are high-value targets due to their security clearances, financial stability, and access to classified or sensitive information. ……
-
Russia warns financial sector of major IT service provider hack
Russia’s National Coordination Center for Computer Incidents (NKTsKI) is warning organizations in the country’s credit and financial sector about a breach at LANIT, a major Russian IT service and software provider. First seen on bleepingcomputer.com Jump to article: www.bleepingcomputer.com/news/security/russia-warns-financial-sector-of-major-it-service-provider-hack/
-
GitVenom Campaign Abuses Thousands of GitHub Repositories to Infect Users
The GitVenom campaign, a sophisticated cyber threat, has been exploiting GitHub repositories to spread malware and steal cryptocurrency. This campaign involves creating hundreds of fake GitHub repositories that appear legitimate but contain malicious code. These repositories are designed to lure unsuspecting developers into downloading and executing the malicious code, which can lead to significant financial…
-
Android App on Google Play Targets Indian Users to Steal Login Credentials
A malicious Android application, Finance Simplified (package: com.someca.count), has been identified on the Google Play Store, targeting Indian users under the guise of a financial management tool. The app, which claims to offer an EMI calculator, is instead a sophisticated malware platform facilitating predatory lending, data theft, and extortion. Rapid Spread and Exploitative Practices The…
-
Angebliche Adressänderung bei Paypal? So könnt ihr euch vor einer fiesen Betrugsmasche schützen
Tags: financeFirst seen on t3n.de Jump to article: t3n.de/news/angebliche-adressaenderung-paypal-fiese-betrugsmasche-1674761/
-
NinjaOne Scores $500M in Series C Extensions at $5 Billion Valuation
Texas automated endpoint management vendor banks $500 million infusion in Series C extensions that values the company at $5 billion. The post NinjaOne Scores $500M in Series C Extensions at $5 Billion Valuation appeared first on SecurityWeek. First seen on securityweek.com Jump to article: www.securityweek.com/ninjaone-scores-500m-in-series-c-extensions-at-5-billion-valuation/
-
Neue Adresse: Phishing-Masche schockt Nutzer mit echten E-Mails von Paypal
Einige Paypal-Nutzer erhalten unerwartet E-Mails, die auf neu hinzugefügte Adressen hindeuten. Absender ist tatsächlich Paypal. Betrug ist es dennoch. First seen on golem.de Jump to article: www.golem.de/news/neue-adresse-phishing-masche-schockt-nutzer-mit-echten-e-mails-von-paypal-2502-193662.html
-
Cybersecurity Weekly Update 24 February 2025
Tags: access, ai, apple, attack, cyber, cyberattack, cybersecurity, data, email, encryption, finance, government, office, privacy, regulation, risk, service, theft, updateWelcome to this week’s edition of our cybersecurity news roundup, bringing you the latest developments and insights from the UK and beyond. Home Office Contractor’s Data Collection Sparks Privacy Concerns The Home Office faces scrutiny after revelations that its contractor, Equifax, collected data on British citizens while conducting financial checks on migrants applying for fee…
-
Stablecoin Bank Hit by Cyberattack, Loses $49.5M to Hackers
The cryptocurrency sector faced one of its most significant security breaches this year as stablecoin banking platform @0xinfini fell victim to a sophisticated cyberattack. Hackers drained 49.5 million USD Coin ($USDC) from the platform’s reserves, triggering immediate market turbulence and raising urgent questions about the security infrastructure of decentralized finance (DeFi) protocols. The stolen funds…
-
GhostSocks Malware Uses SOCKS5 Proxy to Evade Detection Systems
GhostSocks, a Golang-based SOCKS5 backconnect proxy malware, has emerged as a significant threat within the cybercrime ecosystem. First identified in October 2023 on Russian-language forums, its distribution expanded to English-speaking criminal platforms by mid-2024. This malware operates as part of a Malware-as-a-Service (MaaS) model, allowing threat actors to exploit compromised systems for financial gain. Its…
-
AI can kill banks: Cybersecurity’s disinformation gap
Almost 61% of study participants who consumed the fake news were fundamentally willing to withdraw their money from the respective bank.Just over 33% of respondents rated this as “very likely,” and another 27% as “probable.”Translated into financial expenditure, according to the study, a £10 investment in AI content generation (around US$13) can be enough to…
-
Strategic? Functional? Tactical? Which type of CISO are you?
Tags: breach, business, ceo, cisco, ciso, cloud, compliance, cybersecurity, finance, governance, group, guide, healthcare, infrastructure, jobs, risk, service, skills, startup, strategy, technology, trainingTransformational, as in program-builders or turnaround agents.Operational, often early-career CISOs who are closer to the technology and work at small-to-midsize companies where they still perform some technical duties.Compliance, that is, risk experts typically found in highly regulated industries.Steady-state CISOs, who, in opposition to the transformational type, keep everything on an even keel.Customer-facing CISOs, usually found…
-
Beware: PayPal “New Address” feature abused to send phishing emails
An ongoing PayPal email scam exploits the platform’s address settings to send fake purchase notifications, tricking users into granting remote access to scammers First seen on bleepingcomputer.com Jump to article: www.bleepingcomputer.com/news/security/beware-paypal-new-address-feature-abused-to-send-phishing-emails/
-
SpyLend Android malware downloaded 100,000 times from Google Play
An Android malware app called SpyLend has been downloaded over 100,000 times from Google Play, where it masqueraded as a financial tool but became a predatory loan app for those in India. First seen on bleepingcomputer.com Jump to article: www.bleepingcomputer.com/news/security/spylend-android-malware-downloaded-100-000-times-from-google-play/
-
How CISOs can sharpen their board pitch for IAM buy-in
Tags: access, automation, breach, business, ciso, cloud, compliance, control, cybersecurity, data, finance, guide, iam, identity, metric, risk, security-incident, strategy, supply-chainthe top focus area going into 2025. However, communicating IAM’s value to the board remains a challenge”, it isn’t enough for these security leaders to craft effective IAM strategies”, they must also secure their board’s support.CISOs know that executive buy-in is critical for obtaining the necessary funding and setting the right tone from the top. The…
-
Global tech spend to approach $5 trillion this year: Forrester
The U.S. market is expected to exceed $2 trillion for the first time, with financial services and insurance leading the charge, the analyst firm said. First seen on cybersecuritydive.com Jump to article: www.cybersecuritydive.com/news/tech-spend-software-forrester/740632/
-
A huge trove of leaked Black Basta chat logs expose the ransomware gang’s key members and victims
A leaker allegedly published the leaked internal messages after the group allegedly targeted Russian banks First seen on techcrunch.com Jump to article: techcrunch.com/2025/02/21/a-huge-trove-of-leaked-black-basta-chat-logs-expose-the-ransomware-gangs-key-members-and-victims/
-
Why Internal Audit Services Are Key to Risk Management in Today’s Business Landscape
Tags: business, compliance, cyber, finance, fraud, governance, risk, risk-management, service, threatNowadays, organizations face a multitude of risks ranging from financial fraud and cyber threats to regulatory non-compliance and operational inefficiencies. Managing these risks effectively is critical to ensuring business continuity, regulatory adherence, and financial stability. Internal audit services enable organizations to plan and decrease risks through independent assessments of operational standards and governance systems. Internal……
-
Adversarythe-Middle Hackers Exploit Vulnerabilities to Deploy Advanced Malware
Tags: authentication, credentials, cyber, cybercrime, exploit, finance, hacker, malware, mfa, phishing, service, threat, vulnerabilityCybercriminals are increasingly leveraging sophisticated Adversary-in-the-Middle (AiTM) phishing techniques, enabled by the rise of Phishing-as-a-Service (PhaaS) ecosystems. These operations target financial institutions globally, bypassing multi-factor authentication (MFA) by intercepting live authentication sessions. Threat actors use reverse proxy servers to relay user inputs to legitimate websites, capturing credentials and session cookies in real time. This allows…
-
Cybersecurity in The Internet Age: Safeguarding Your Assets and Data
Cybersecurity is one of the most vital dimensions of contemporary existence with cloud storage, online transactions, and internet services ever increasing. Governments, institutions, and individuals need to be provided with adequate security measures for safeguarding financial information and investments, including cryptocurrencies like Bitcoin, from the growing cyberattacks. First seen on thecyberexpress.com Jump to article: thecyberexpress.com/cybersecurity-in-the-internet-age/
-
Lloyds Bank reviews tech and engineering personnel in reorg
Admits it will be saying ‘goodbye to talented people’ in UK amid fears of jobs being offshored to India First seen on theregister.com Jump to article: www.theregister.com/2025/02/18/lloyds_tech_engineering_reorg/
-
Career Spotlight: Cloud Security Specialist
Demand for Cloud Security Skills Is Growing, Offering Good Pay and New Challenges Cloud services support a wide range of applications from finance to healthcare systems and have become prime targets for cybercriminals, making cloud security a major concern for cybersecurity organizations. The need to secure the cloud is driving demand for skilled cloud security…
-
Finastra Notifies Customers of Data Breach
Finastra notifies customers of data breach that took place more than three months ago, impacting sensitive financial information First seen on infosecurity-magazine.com Jump to article: www.infosecurity-magazine.com/news/finastra-notifies-customers-data/
-
Privacy Constraints Are Keeping Banks From Tackling Scams
M&T Bank’s Karen Boyer on Need for Shared Responsibility with Telecoms, Tech Firms. Technology solutions can help banks fight fraud, but privacy constraints are preventing them from doing an effective job to ferret out scammers, said Karen Boyer, senior vice president at M&T Bank. She supports a new Australian law that also places responsibility on…