Tag: finance
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Authorities Dismantled Hackers Who Stolen Millions Using AirBnB
Tags: breach, cyber, cybercrime, exploit, finance, fraud, group, hacker, international, network, phishing, vulnerabilityAn international cybercrime network responsible for stealing millions of euros across at least ten European countries has been dismantled in a joint operation by the Rotterdam Police Cybercrime Team and the Belgian police. The sophisticated criminal group employed phishing schemes and bank helpdesk fraud to exploit vulnerable victims, with call centers set up in luxury…
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Millionaire Airbnb Phishing Ring Busted Up by Police
Scammers set up call centers in luxury rentals to run bank help-desk fraud, as well as large-scale phishing campaigns, across at least 10 European countries, according to law enforcement. First seen on darkreading.com Jump to article: www.darkreading.com/cyberattacks-data-breaches/millionaire-airbnb-phishing-ring-busted-police
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DDoS-Angriff auf eine Bank in Russland
Russian users report Gazprombank outages amid alleged Ukrainian cyberattack First seen on therecord.media Jump to article: therecord.media/gazprombank-outages-russia-ukraine-claims-cyberattack
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Bug bounty programs: Why companies need them now more than ever
Tags: attack, best-practice, bug-bounty, business, crypto, cyber, cybercrime, cybersecurity, defense, exploit, finance, guide, hacker, hacking, jobs, malicious, ransom, strategy, threat, tool, update, vulnerability, zero-dayIn the fast-evolving landscape of cybersecurity, the need for proactive measures has become more pressing than ever.When I first entered the cybersecurity field, the primary threats were largely opportunistic hackers exploiting known vulnerabilities and multi-million-dollar ransoms were unheard of. Today, the stakes are significantly higher. According to Cybersecurity Ventures, cybercrime is expected to cost the…
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A Secure Future in Australia with the Scam-Safe Accord
The Birth of the Scam-Safe Accord The Scam-Safe Accord (also called the ScamSafe Accord or Scam Safe Accord) is an initiative launched by the Australian Banking Association in response to the increasing prevalence of scams and fraud targeting consumers in the financial sector. Australia’s top banks and financial institutions, usually fierce competitors, came together with……
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Gen AI use cases rising rapidly for cybersecurity, but concerns remain
Tags: ai, attack, automation, awareness, ceo, ciso, compliance, control, cybersecurity, data, detection, finance, framework, fraud, GDPR, governance, grc, group, guide, Hardware, HIPAA, incident response, intelligence, international, malware, middle-east, monitoring, phishing, privacy, RedTeam, regulation, risk, risk-assessment, risk-management, soc, software, strategy, technology, threat, tool, training, usaGenerative AI is being embedded into security tools at a furious pace as CISOs adopt the technology internally to automate manual processes and improve productivity. But research also suggests this surge in gen AI adoption comes with a fair amount of trepidation among cybersecurity professionals, which CISOs must keep in mind when weaving gen AI…
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New DroidBot Android Spyware Targeting Banking and Crypto Users
DroidBot, a sophisticated Android RAT, is targeting individuals and financial institutions across Europe. First seen on hackread.com Jump to article: hackread.com/droidbot-android-spyware-hit-banking-crypto-users/
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TfL cyber attack cost over £30m to date
TfL provides more detail on the financial impact of the September 2024 cyber attack that crippled several of its online systems First seen on computerweekly.com Jump to article: www.computerweekly.com/news/366616875/TfL-cyber-attack-cost-over-30m-to-date
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Trump’s AI, Crypto Czar David Sacks Faces Conflict Scrutiny
David Sacks Appointed as Trump’s AI and Crypto Czar Amid Growing Industry Concerns. President-elect Donald Trump’s appointment of former PayPal executive David Sacks to serve as the inaugural White House czar for artificial intelligence and cryptocurrency is already raising significant concerns about potential conflicts of interest and market favoritism. First seen on govinfosecurity.com Jump to…
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Data deletion enters the ransomware chat
Ransomware remains one of the biggest cyber threats to companies today. In a survey by security provider Cohesity, 83% of respondents said they were affected by a ransomware attack in the first half of 2024. According to security experts, there is no relief in sight for 2025 either.But according to security provider G Data, an unsettling…
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Veeam Closes $2B Offering to Boost Data Resilience, Eyes IPO
CEO Anand Eswaran Talks Investors, Innovation and Data Resilience Leadership. CEO Anand Eswaran explains how Veeam’s $2 billion secondary offering strengthens its financial position as the data resilience vendor prepares for an initial public offering. He discusses the company’s commitment to innovation and strategic pacts with Splunk, CrowdStrike and Palo Alto Networks. First seen on…
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Trojan-as-a-Service Hits Euro Banks, Crypto Exchanges
At least 17 affiliate groups have used the DroidBot Android banking Trojan against 77 financial services companies across Europe, with more to come, researchers warn. First seen on darkreading.com Jump to article: www.darkreading.com/threat-intelligence/trojan-service-hits-euro-banks-crypto-exchanges
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Data brokers face FTC ban for sensitive location data collection, sales
First seen on scworld.com Jump to article: www.scworld.com/brief/data-brokers-face-ftc-ban-for-sensitive-location-data-collection-sales
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US arrests Scattered Spider suspect linked to telecom hacks
U.S. authorities have arrested a 19-year-old teenager linked to the notorious Scattered Spider cybercrime gang who is now charged with breaching a U.S. financial institution and two unnamed telecommunications firms. First seen on bleepingcomputer.com Jump to article: www.bleepingcomputer.com/news/security/us-arrests-scattered-spider-suspect-linked-to-telecom-hacks/
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This $3,000 Android Trojan Targeting Banks and Cryptocurrency Exchanges
As many as 77 banking institutions, cryptocurrency exchanges, and national organizations have become the target of a newly discovered Android remote access trojan (RAT) called DroidBot.”DroidBot is a modern RAT that combines hidden VNC and overlay attack techniques with spyware-like capabilities, such as keylogging and user interface monitoring,” Cleafy researchers Simone Mattia, Alessandro First seen…
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FBI Warns GenAI is Boosting Financial Fraud
An FBI alert warned that GenAI tools are improving the believability of fraud schemes and enabling large scale attacks First seen on infosecurity-magazine.com Jump to article: www.infosecurity-magazine.com/news/fbi-genai-financial-fraud/
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‘DroidBot’ Android Trojan Targets Banking, Cryptocurrency Applications
The newly discovered DroidBot Android trojan targets 77 banks, cryptocurrency exchanges, and national organizations. The post ‘DroidBot’ Android Trojan Targets Banking, Cryptocurrency Applications appeared first on SecurityWeek. First seen on securityweek.com Jump to article: www.securityweek.com/droidbot-android-trojan-targets-banking-cryptocurrency-applications/
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US may plan legislation to contain Chinese cyber espionage
US senators were briefed behind closed doors this week on the scale of “Salt Typhoon,” an alleged Chinese cyber-espionage campaign targeting the nation’s telecommunications networks.The FBI, CISA, and other key agencies, who were part of the briefing, revealed that the sophisticated operation compromised at least eight US telecom firms, stealing metadata and call intercepts, including…
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Dear CEO: It’s time to rethink security leadership and empower your CISO
Tags: access, application-security, breach, business, ceo, ciso, compliance, control, cybersecurity, defense, finance, governance, jobs, resilience, risk, strategy, toolAs a CISO, I’ve spent years navigating the delicate balance of responsibility and authority, accountability, and autonomy. After writing “The CISO Paradox,” I was struck by how deeply the article resonated with others in the cybersecurity field.Many reached out to share their own stories and frustrations, all pointing to the same glaring misalignment: CISOs are…
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US FTC Cracks Down GeoLocation Data Brokers
Gravy Analytics and Mobilewalla Ordered to Implement Stronger Consent Measures. Two data brokers pledged to stop using geolocation data gleaned from smartphones to sell services that provide a window to the intimate lives of Americans. Surreptitious surveillance by data brokers undermines our civil liberties, an U.S. Federal Trade Commission official said. First seen on govinfosecurity.com…
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FTC Safeguards US Consumers from Location Data Misuse
In a settlement announced on Tuesday, the FTC banned Gravy Analytics and Mobilewalla from selling sensitive location data First seen on infosecurity-magazine.com Jump to article: www.infosecurity-magazine.com/news/ftc-safeguards-us-location-data/
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FTC scolds two data brokers for allegedly selling your location to the meter
‘Where we go is who we are’ totally isn’t a creepy ad slogan at all First seen on theregister.com Jump to article: www.theregister.com/2024/12/04/ftc_data_brokers/
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63% of companies plan to pass data breach costs to customers
Tags: breach, business, ceo, ciso, compliance, cybersecurity, data, data-breach, finance, ibm, privacy, risk, serviceConsumers may be more on the hook for paying for the rising costs of data breaches than they realize, as companies increasingly turn to price hikes as part of their post-breach cost-recovery strategies. According to a report from IBM earlier this year, nearly two-thirds of companies plan to pass along data breach costs directly to…
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Talent overlooked: embracing neurodiversity in cybersecurity
In cybersecurity, diverse perspectives help in addressing complex, emerging threats. Increasingly, there’s a push to recognize that neurodiversity brings significant value to cybersecurity. However, neurodiverse people frequently face systemic barriers that hinder their success in the field.Neurodiversity refers to the way some people’s brains work differently to the neurotypical brain. This includes autism, ADHD (attention…
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BlackBerry Highlights Rising Software Supply Chain Risks in Malaysia
Tags: access, ai, attack, breach, ceo, ciso, communications, compliance, cyber, cyberattack, cybersecurity, data, detection, espionage, finance, framework, government, infrastructure, intelligence, international, Internet, iot, malware, mobile, monitoring, phishing, ransomware, regulation, resilience, risk, skills, software, strategy, supply-chain, threat, tool, training, vulnerabilityIn 2024, BlackBerry unveiled new proprietary research, underscoring the vulnerability of software supply chains in Malaysia and around the world.According to the study, 79% of Malaysian organizations reported cyberattacks or vulnerabilities in their software supply chains during the past 12 months, slightly exceeding the global average of 76%. Alarmingly, 81% of respondents revealed they had…
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FTC scolds two data brokers for allegedly selling your location to the metre
‘Where we go is who we are’ totally isn’t a creepy ad slogan at all First seen on theregister.com Jump to article: www.theregister.com/2024/12/04/ftc_data_brokers/