Tag: finance
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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…
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Finastra Starts Notifying People Impacted by Recent Data Breach
Financial software firm Finastra is notifying individuals whose personal information was stolen in a recent data breach. The post Finastra Starts Notifying People Impacted by Recent Data Breach appeared first on SecurityWeek. First seen on securityweek.com Jump to article: www.securityweek.com/finastra-starts-notifying-people-impacted-by-recent-data-breach/
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Zacks Investment Data Breach Exposes 12 Million Emails and Phone Numbers
Tags: breach, credentials, cyber, cybersecurity, data, data-breach, email, finance, identity, password, phone, service, theftA cybersecurity incident at Zacks Investment Research has exposed sensitive data belonging to 12 million users, marking the second major breach for the financial services firm since 2022. The compromised information includes email addresses, phone numbers, names, IP addresses, physical addresses, and weakly protected password hashes, raising concerns about identity theft and credential-stuffing attacks. Breach…
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Betrügerische Mails sind immer schwerer zu durchschauen
Phishing-Mails sind eine weit verbreitete Betrugsmasche, bei der Cyberkriminelle die Namen großer Unternehmen wie Sparkasse, Postbank, Telekom oder PayPal missbrauchen, um ahnungslose Nutzer:innen in eine Falle zu locken. First seen on it-daily.net Jump to article: www.it-daily.net/it-sicherheit/cybercrime/betruegerische-mails-sind-immer-schwerer-zu-durchschauen
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Black-Hat SEO Poisioning Attacks Exploit Indian Government and Financial Websites
A sophisticated black-hat SEO poisoning campaign has compromised over 150 Indian government websites and financial institutions, redirecting millions of users to fraudulent gambling platforms promoting rummy and high-risk “investment” games. The operation, exploits vulnerabilities in government portals (.gov.in) and educational domains (.ac.in), leveraging search engine manipulation to siphon users toward scam websites. Exploiting Trusted Domains…
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Password managers under increasing threat as infostealers triple and adapt
Tags: access, attack, authentication, automation, breach, ceo, cloud, credentials, crypto, cyber, cybercrime, cybersecurity, dark-web, data, data-breach, defense, email, encryption, exploit, finance, hacker, identity, intelligence, least-privilege, login, malicious, malware, mfa, password, phishing, ransomware, risk, service, switch, tactics, theft, threat, tool, vulnerability, zero-trustMalware-as-a-service infostealers: For example, RedLine Stealer is specifically designed to target and steal sensitive information, including credentials stored in web browsers and other applications. It is often distributed through phishing emails or by tricking prospective marks into visiting booby-trapped websites laced with malicious downloaders.Another threat comes from Lumma stealer, offered for sale as a malware-as-a-service,…
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Black-Hat SEO Poisoning Indian Government and Financial Websites
Researchers at CloudSEK have uncovered a large-scale Search Engine Poisoning (SEP) campaign targeting Indian government, educational, and financial First seen on securityonline.info Jump to article: securityonline.info/black-hat-seo-poisoning-indian-government-and-financial-websites/
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Chase will soon block Zelle payments to sellers on social media
JPMorgan Chase Bank (Chase) will soon start blocking Zelle payments to social media contacts to combat a significant rise in online scams utilizing the service for fraud. First seen on bleepingcomputer.com Jump to article: www.bleepingcomputer.com/news/security/chase-will-soon-block-zelle-payments-to-sellers-on-social-media/
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Pro-Russia Hackers NoName057(16) Hit Italian Banks and Airports
Pro-Russia hackers NoName057(16) has targeted Italian banks, airports and ports in a series of DDoS attacks First seen on infosecurity-magazine.com Jump to article: www.infosecurity-magazine.com/news/noname05716-hit-italian-banks/
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Fintech giant Finastra notifies victims of October data breach
Financial technology giant Finastra is notifying victims of a data breach after their personal information was stolen by unknown attackers who first breached its systems in October 2024. First seen on bleepingcomputer.com Jump to article: www.bleepingcomputer.com/news/security/fintech-giant-finastra-notifies-victims-of-october-data-breach/
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Pro-Russia collective NoName057(16) launched a new wave of DDoS attacks on Italian sites
Pro-Russia collective NoName057(16) launched DDoS attacks on Italian sites, targeting airports, the Transport Authority, major ports, and banks. The pro-Russia hacker group NoName057(16) launched a new wave of DDoS attacks this morning against multiple Italian entities. The group targeted the websites of Linate and Malpensa airports, the Transport Authority, the bank Intesa San Paolo, and…
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The Benefits of the M&A Frenzy in Fraud Solutions
Emerging Vendors, Consolidation Drive Innovation in Fraud, AML, Scam Prevention. As cybercriminals exploit AI-generated deepfake scams and synthetic identity fraud, financial institutions are investing heavily in fraud detection, anti-money laundering solutions and identity verification to stay ahead. This demand is driving consolidation in the market. First seen on govinfosecurity.com Jump to article: www.govinfosecurity.com/benefits-ma-frenzy-in-fraud-solutions-a-27533
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Ransomware Detection: Attack Types Latest Techniques in 2025
Ransomware continues to be a formidable threat in the cybersecurity landscape, evolving in complexity and sophistication. It is a type of malicious software that encrypts a victim’s files or restricts access to their system, demanding payment for decryption or restoration. These attacks can lead to significant financial losses, operational disruptions, and reputational damage. As we…
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How Banks Can Adapt to the Rising Threat of Financial Crime
Banking fraud and financial crimes are growing more sophisticated every day. By understanding the threats and building strong collaborations, banks can protect themselves and their clients. First seen on darkreading.com Jump to article: www.darkreading.com/cyber-risk/how-banks-adapt-rising-threat-financial-crime
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Apache Fineract SQL Injection Vulnerability Allows Malicious Data Injection
The Apache Software Foundation has disclosed a critical SQL injection vulnerability in its widely utilized financial platform, Apache Fineract. The flaw, tracked as CVE-2024-32838, affects multiple API endpoints and poses a significant risk to applications built on this platform. This vulnerability allows authenticated attackers to inject malicious SQL data, potentially compromising sensitive information and the overall…
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CISA Cuts Expose US Critical Infrastructure to New Threats
Could CISA’s Uncertain Future Embolden Nation-State Attackers?. As the future of the Cybersecurity and Infrastructure Security Agency becomes increasingly uncertain in the wake of a massive federal overhaul, experts warn that key U.S. infrastructure sectors, including energy, financial services and election infrastructure, are at a heightened risk of cyberattacks and cyberespionage. First seen on govinfosecurity.com…
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New Australian Law Makes Banks, Telecoms Liable for Scams
Social Platforms Also Could Face Stiff Fines for Failing to Protect Users. The Australian government passed the Scams Prevention Framework law in Parliament to make social media companies, banks and telecommunication companies accountable for scammers using their networks, subjecting them to a maximum of AU$50 million in fines for violations. First seen on govinfosecurity.com Jump…
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Unusual attack linked to Chinese APT group combines espionage and ransomware
Tags: apt, attack, breach, china, cloud, country, credentials, crime, crimes, crypto, cyber, cybercrime, cyberespionage, data, encryption, espionage, exploit, finance, firewall, government, group, hacker, infection, insurance, intelligence, korea, microsoft, network, north-korea, ransom, ransomware, russia, software, tactics, technology, threat, veeam, vulnerabilityThe attacker demanded a $2-million ransom: The attack that resulted in the deployment of the RA World ransomware program, as well as data exfiltration, had the same chain: the toshdpdb.exe loading toshdpapi.dll then decrypting toshdp.dat which resulted in the PlugX variant being deployed. The difference is the attacker then chose to deploy the RA World…
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CyberArk acquires Zilla Security in $175 million deal
Tags: financeThe acquisition occurs during a period of strong financial performance for CyberArk. First seen on cyberscoop.com Jump to article: cyberscoop.com/cyberark-zilla-security-acquisition/
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Hackers Use CAPTCHA Trick on Webflow CDN PDFs to Bypass Security Scanners
A widespread phishing campaign has been observed leveraging bogus PDF documents hosted on the Webflow content delivery network (CDN) with an aim to steal credit card information and commit financial fraud.”The attacker targets victims searching for documents on search engines, resulting in access to malicious PDF that contains a CAPTCHA image embedded with a phishing…
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Cybereason CEO Sues to Halt Deadlock Over Critical Funding
Chapter 11 Looms as Eric Gan Seeks Custodian and Liberty, SoftBank Block Financing. Cybereason faces a crisis as a boardroom deadlock halts financing efforts. CEO Eric Gan and his family firm seek a custodian to halt the impasse, alleging SoftBank and Liberty Strategic Capital are prioritizing control over the company’s financial stability. Without urgent funding,…
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QuSecure Banks $28M Series A for Post-Quantum Cryptography Tech
QuSecure is pitching a software-based security architecture that overlays onto current networks to help businesses with PQC migration. The post QuSecure Banks $28M Series A for Post-Quantum Cryptography Tech appeared first on SecurityWeek. First seen on securityweek.com Jump to article: www.securityweek.com/qusecure-banks-28m-series-a-for-post-quantum-cryptography-tech/
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Cybereason CEO: Mnuchin, SoftBank Pushing Company To Bankruptcy
Eric Gan, the ex-SoftBank executive, who took over as CEO of Cybereason in 2023, is suing SoftBank and Liberty Capital, claiming its largest investors are blocking much-needed financial proposals and driving the cybersecurity firm toward bankruptcy. First seen on securityboulevard.com Jump to article: securityboulevard.com/2025/02/cybereason-ceo-mnuchin-softbank-pushing-company-to-bankruptcy/
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Getting the Most Value out of the OSCP: Pre-Course Prep
Tags: access, antivirus, attack, compliance, control, credentials, cyber, cybersecurity, detection, exploit, finance, framework, guide, hacker, hacking, infosec, infrastructure, jobs, kali, linux, mandiant, metric, microsoft, mitre, network, organized, password, penetration-testing, PurpleTeam, RedTeam, risk, service, skills, software, tactics, technology, tool, training, vulnerability, windowsThe first post in a five-part practical guide series on maximizing the professional, educational, and financial value of the OffSec certification pursuit for a successful career in offensive cybersecurity consulting Disclaimer: All opinions expressed in this article are solely my own. I have reviewed the content to ensure compliance with OffSec’s copyright policies and agreements.…
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CEO testifies on federal agencies as lawmakers clash on Musk
Axon Enterprise CEO Rick Smith testified that federal agencies like the FTC engage in regulatory overreach and that their power should receive more oversight. First seen on techtarget.com Jump to article: www.techtarget.com/searchcio/news/366619010/CEO-testifies-on-federal-agencies-as-lawmakers-clash-on-Musk
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The Rise of Typhoon Cyber Groups
Tags: access, attack, breach, communications, control, cyber, cyberattack, cybersecurity, data, defense, dns, endpoint, espionage, exploit, finance, government, group, infrastructure, intelligence, iot, military, monitoring, network, phone, resilience, supply-chain, tactics, threat, tool, vulnerability, zero-day -
Financial sector sees 117% rise in DDoS attacks in second half of 2024
First seen on scworld.com Jump to article: www.scworld.com/news/financial-sector-sees-117-rise-in-ddos-attacks-in-q3-q4-2024