Tag: finance
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Easy Money Online? FTC Warns of Exploding >>Task Scam<< Threat
A new Federal Trade Commission (FTC) report reveals a dramatic rise in online job scams targeting consumers with promises of easy earnings for completing simple tasks. These >>task scams
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Namibia’s state telecom provider says hackers leaked data after it refused to pay ransom
The company didn’t specify what kind of data was stolen by the cybercriminals, but according to local media reports, the hackers accessed over 400,000 files, including personal and financial data belonging to some high-ranking government officials and Telecom Namibia’s clients.]]> First seen on therecord.media Jump to article: therecord.media/namibia-state-telecom-provider-data-leaked-after-ransom-refusal
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Deloitte says cyberattack on Rhode Island benefits portal carries ‘major security threat’
Personal and financial data probably stolen First seen on theregister.com Jump to article: www.theregister.com/2024/12/16/deloitte_rhode_island_attack/
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“Kovrr Reveals New Standardized Approach to Ensure Objectivity to Quantify Cybersecurity Control Impact Financial Forecasts in New Report – Kovrr
Articles related to cyber risk quantification, cyber risk management, and cyber resilience. First seen on securityboulevard.com Jump to article: securityboulevard.com/2024/12/kovrr-reveals-new-standardized-approach-to-ensure-objectivity-to-quantify-cybersecurity-control-impact-financial-forecasts-in-new-report-kovrr/
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New Investment Scam Leverages AI, Social Media Ads to Target Victims Worldwide
Cybersecurity researchers are calling attention to a new kind of investment scam that leverages a combination of social media malvertising, company-branded posts, and artificial intelligence (AI) powered video testimonials featuring famous personalities, ultimately leading to financial and data loss.”The main goal of the fraudsters is to lead victims to phishing websites and forms that harvest…
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Security leaders top 10 takeaways for 2024
Tags: access, ai, attack, automation, best-practice, breach, business, ciso, cloud, compliance, corporate, crowdstrike, cybercrime, cybersecurity, data, deep-fake, detection, email, finance, fraud, governance, group, guide, hacker, identity, incident response, infosec, ISO-27001, office, okta, phishing, privacy, programming, regulation, risk, risk-management, saas, security-incident, service, software, startup, strategy, technology, threat, tool, training, vulnerabilityThis year has been challenging for CISOs, with a growing burden of responsibility, the push to make cybersecurity a business enabler, the threat of legal liability for security incidents, and an expanding attack landscape.As the year comes to a close, CISOs reflect on some of the takeaways that have shaped the security landscape in 2024.…
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With DORA approaching, financial institutions must strengthen their cyber resilience
The clock is ticking for financial institutions across the EU as the January 17, 2025, deadline for the Digital Operational Resilience Act (DORA) approaches. This regulation … First seen on helpnetsecurity.com Jump to article: www.helpnetsecurity.com/2024/12/16/financial-institutions-dora-requirements/
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Build Your Confidence in Secrets Sprawl Management
Can You Truly Be Confident in Your Approach to Secrets Management? Cybersecurity is a crucial element in today’s digital landscape, but how can organizations ensure they’re confidently managing their non-human identities and secrets? This is a question that many professionals have, regardless of their industry, be it finance, healthcare, travel, or a DevOps and… First…
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Empower Your SOC Teams with Cloud-Native Security Solutions
Can Cloud-Native Security Be a Game-Changer for Your SOC Teams? In today’s complex digital landscape, organizations are increasingly challenged to protect their data while ensuring compliance with evolving cybersecurity regulations. From finance to healthcare, businesses are recognizing the need for a more comprehensive approach to securing machine identities, especially Non-Human Identities (NHIs). Could effective NHI……
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Platforms are the Problem
Tags: ai, breach, business, chatgpt, cloud, cyber, cybercrime, cybersecurity, data, defense, detection, finance, firewall, fraud, infrastructure, intelligence, LLM, network, saas, service, technology, threat, toolA better path forward for cybersecurity Why is it that cybersecurity is struggling to keep pace with the rapidly evolving threat landscape? We spend more and more, tighten our perimeters, and still there are trillions of dollars being lost to cybercrime and cyber attacks. Setting aside the direct costs to individuals and businesses, and the…
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New Android Banking Malware Attacking Indian Banks To Steal Login Credentials
Researchers have discovered a new Android banking trojan targeting Indian users, and this malware disguises itself as essential utility services to trick users into providing sensitive information. The malware has already compromised 419 devices, intercepted 4,918 SMS messages, and stolen 623 banking credentials. As this active campaign continues, the number of affected devices and stolen…
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FTC warns of online task job scams hooking victims like gambling
The Federal Trade Commission (FTC) warns about a significant rise in gambling-like online job scams, known as “task scams,” that draw people into earning cash through repetitive tasks, with the promises of earning more if they deposit their own money. First seen on bleepingcomputer.com Jump to article: www.bleepingcomputer.com/news/security/ftc-warns-of-online-task-job-scams-hooking-victims-like-gambling/
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US Uncovers North Korean IT Worker Fraud, Offers $5M Bounty
The US Government is offering a $5 million reward for information leading to the disruption of financial mechanisms supporting North Korea following a six-year conspiracy First seen on infosecurity-magazine.com Jump to article: www.infosecurity-magazine.com/news/north-korean-it-worker-fraud/
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Digital Finance: How Do Banks Protect Their Customers’ Money and Data from Cybercriminals?
Cybercriminals are employing increasingly sophisticated methods to access our money and data, making this issue particularly relevant for large European banks, where significant financial assets are concentrated. First seen on securityboulevard.com Jump to article: securityboulevard.com/2024/12/digital-finance-how-do-banks-protect-their-customers-money-and-data-from-cybercriminals/
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US Offers $5M for Info on North Korean IT Worker Fraud
The US Government is offering a $5 million reward for information leading to the disruption of financial mechanisms supporting North Korea following a six-year conspiracy First seen on infosecurity-magazine.com Jump to article: www.infosecurity-magazine.com/news/north-korean-it-worker-fraud/
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FBI warns of rising AI tools deployment in financial fraud schemes
First seen on scworld.com Jump to article: www.scworld.com/brief/fbi-warns-of-rising-ai-tools-deployment-in-financial-fraud-schemes
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Security researchers find deep flaws in CVSS vulnerability scoring system
The industrywide method for assessing the severity of vulnerabilities in software and hardware needs to be revised because it provides potential misleading severity assessment, delegates at Black Hat Europe were told Thursday.The Common Vulnerability Scoring System (CVSS) makes use of various metrics to quantify vulnerability severity. A presentation at Black Hat by cybersecurity experts from…
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Europol shutters 27 DDoS sites in major crackdown
Tags: attack, crime, cybercrime, ddos, defense, finance, hacker, infrastructure, international, iot, network, vulnerabilityEuropol has announced that it has carried out a major crackdown on cybercriminal actors in cooperation with the police authorities in 15 countries as part of an ongoing international crackdown known as PowerOFF.Included in the effort are the Australian Federal Police, the UK’s National Crime Agency, and the US Department of Justice, Federal Bureau of Investigation, Homeland…
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Fake IT Workers Funneled Millions to North Korea, DOJ Says
The fake IT worker scheme netted $88 million over six years, transferred through U.S. and Chinese financial systems to the DPRK government. The post Fake IT Workers Funneled Millions to North Korea, DOJ Says appeared first on SecurityWeek. First seen on securityweek.com Jump to article: www.securityweek.com/fake-it-workers-funneled-millions-to-north-korea-doj-says/
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Trump FTC pick seen as mixed bag for data privacy enforcement
Ferguson has voted in favor of every privacy-related enforcement since he began his tenure as a commissioner in April, but a leaked memo he wrote to Trump suggest he will diverge from the current approach in important ways.]]> First seen on therecord.media Jump to article: therecord.media/trump-ftc-pick-ferguson-seen-as-mixed-bag-on-privacy
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Spain busts voice phishing ring for defrauding 10,000 bank customers
The Spanish police, working with colleagues in Peru, conducted a simultaneous crackdown on a large-scale voice phishing (vishing) scam ring in the two countries, arresting 83 individuals. First seen on bleepingcomputer.com Jump to article: www.bleepingcomputer.com/news/security/spain-busts-voice-phishing-ring-for-defrauding-10-000-bank-customers/
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Triad Nexus, Chinese Hackers Using 200,000 Domains For Widespread Cyber Attack
Researchers identified FUNNULL, a Chinese CDN, as hosting malicious content, which includes fake trading apps for financial fraud, gambling sites likely used for money laundering, and phishing login pages targeting luxury brands. The gambling sites use algorithmically generated domains and Tether cryptocurrency, possibly to bypass blocking and facilitate cross-border money flows. FUNNULL acquired polyfill.io, a…