Krebs on Security

JANUARY 25, 2022

27 — Thanksgiving Day weekend — Jim got a series of rapid-fire emails from MSF saying they’ve received his loan application, that they’d approved it, and that the funds requested were now available at the bank account specified in his MSF profile. Then on Nov. Take a look at that 546.56 for that $1,000.

Financial Services 217

Financial Services Banking Accountability Identity Theft 217

Krebs on Security

MAY 31, 2019

On May 24, KrebsOnSecurity broke the news that First American had just fixed a weakness in its Web site that exposed approximately 885 million documents — many of them with Social Security and bank account numbers — going back at least 16 years. No authentication was needed to access the digitized records.

Financial Services 213

Financial Services Insurance Banking Authentication 213

Krebs on Security

JULY 23, 2020

As first reported here last year , First American’s website exposed 16 years worth of digitized mortgage title insurance records — including bank account numbers and statements, mortgage and tax records, Social Security numbers, wire transaction receipts, and drivers license images.

Insurance 299

Insurance Financial Services Penetration Testing Scams 299

Adam Levin

SEPTEMBER 5, 2019

Once the number has been transferred, the criminal has control of any accounts that are identified by caller ID (including many financial institutions) as well as any accounts protected by two-factor authentication. It is believed this was the method used to recently hack Jack Dempsey’s Twitter account. .

Scams 197

Scams Accountability Financial Services Insurance 197

Adam Levin

NOVEMBER 30, 2018

The information compromised includes (but assume is not limited to): name, mailing address, phone number, email address, passport number, Starwood Preferred Guest account information, date of birth, gender, arrival and departure information, reservation date, and communication preferences. Monitor your accounts. Follow the three Ms: 1.

Identity Theft 165

Identity Theft Financial Services Password Management Media 165

Thales Cloud Protection & Licensing

JANUARY 26, 2021

As reported in the UK Finance “Fraud: The Facts” 2020 report, the theft of personal and financial data through data breaches was a major contributor to fraud losses in 2019. The stolen data is used both to commit fraud directly and indirectly. Strong Customer Authentication (SCA). Online skimming.

Retail 144

Retail Banking Big data Computers and Electronics 144

CyberSecurity Insiders

JUNE 28, 2021

In essence, the idea behind open banking was to offer customers the chance to give their bank credentials to these brands, which then use the data to create better products or facilitate easier payments. Financial Inclusion and Open Banking in practice.

Banking 133

Banking Financial Services Authentication Technology 133

Adam Levin

NOVEMBER 17, 2020

Credit cards offer markedly better fraud protections than debit cards , which connect directly to your bank account. Virtual credit cards similarly allow online shoppers to mask their financial accounts. Many financial institutions offer free transaction alerts that notify you when charges hit your account.

Scams 243

Scams Retail Banking Passwords 243

Thales Cloud Protection & Licensing

APRIL 29, 2024

However, a relentless barrage of data breaches, ransomware attacks, and sophisticated cyber threats steadily erodes this trust. Digital Services Act (DSA) The DSA places greater responsibility and accountability on online platforms of all sizes. It targets illegal content, disinformation, and harmful practices.

Risk 71

Risk Manufacturing Digital transformation Cybersecurity 71

Security Affairs

JUNE 11, 2021

Cookies are a precious source of intelligence about victims’ habits and could be abused to access the person’s online accounts of the victims. . million unique email addresses, NordLocker found, for an array of different apps and services. The database includes 6.6 The 26 million login credentials held 1.1 Pierluigi Paganini.

Malware 112

Malware Computers and Electronics Software Financial Services 112

IT Security Guru

NOVEMBER 4, 2022

A 16% increase in data breaches, as well as attacks that targeted end users as opposed to corporations. . Looking at particular attack methods, Obrela found that those most utilised were typically malware infection, reconnaissance, data exfiltration and phishing attacks, along with the exploitation of malicious insiders. .

Banking 102

Banking Phishing Financial Services Government 102

Security Boulevard

APRIL 29, 2024

However, a relentless barrage of data breaches, ransomware attacks, and sophisticated cyber threats steadily erodes this trust. Digital Services Act (DSA) The DSA places greater responsibility and accountability on online platforms of all sizes. It targets illegal content, disinformation, and harmful practices.

Risk 72

Risk Manufacturing Cybersecurity Digital transformation 72

SecureWorld News

MARCH 24, 2022

Now, headlines about ransomware, cyberattacks, and data breaches pour into social media feeds as steady as a river flows. SecureWorld News takes a look at some of the largest data breaches to ever occur. Top 10 most significant data breaches. Yahoo data breach (2013). Who attacked: no attacker.

Data breaches 120

Data breaches Passwords Accountability Government 120

Security Affairs

MARCH 29, 2022

Earmarked by the FBI as a particular threat to the financial service industry just over a year ago, the increase of internet traffic, data breaches and API usage all contribute to the perfect conditions for successful credential stuffing attacks. You can’t access an account with recycled credentials if there aren’t any.

Passwords 73

Passwords Authentication Data privacy Accountability 73

Security Affairs

MARCH 24, 2021

Forex trading may be dominated by banks and global financial services but, thanks to the Internet, the average person can today dabble directly in forex, securities and commodities trading. In the rush toward online trading though, users have entrusted terabytes of confidential data to online forex trading platforms.

Passwords 123

Passwords Accountability Media Identity Theft 123

SecureWorld News

SEPTEMBER 15, 2020

A mid-sized financial institution reported its online banking platform received a "constant barrage" of login attempts using a variety of credential pairs, indicating that the attack was using bots. Financial industry targeted the most by credential stuffing attacks. million in fraudulent check withdrawals and ACH transfers.

Banking 58

Banking Passwords Accountability DDOS 58

SecureWorld News

DECEMBER 29, 2020

Now headlines about ransomware, cyberattacks and data breaches pour into social media feeds at a steady drumbeat. SecureWorld now takes a look at some of the largest data breaches to ever occur. Top 10 most significant data breaches. Yahoo data breach (2013). Equifax data breach (2017).

Data breaches 98

Data breaches Passwords Accountability Government 98

McAfee

DECEMBER 23, 2019

It comes as no surprise that financial services, insurance, and healthcare were popular targets, given their proximity to sensitive, easily-monetizable data. A little more surprising, however, is the similarities between breaches across industries and organizations. Application Misconfiguration.

Healthcare 54

Healthcare Insurance Artificial Intelligence Authentication 54

Security Affairs

JANUARY 27, 2022

Onfido, a London-based company, offers photo-based IDV services for businesses. Financial service providers, car rentals, and many other suppliers that need to confirm customer identities employ similar third-party services. Enable two-factor authentication (2FA) on all your online accounts.

Identity Theft 85

Identity Theft Accountability Data breaches Social Engineering 85

Duo's Security Blog

NOVEMBER 20, 2023

“It took nearly 11 months (328 days) to identity and contain data breaches resulting from stolen or compromised credentials.” – IBM’s Cost of Data Breach Report 2023 I recently came across a 2012 article from CSO Online , and realized that it has been more than 11 years since the phrase “Identity is the new perimeter” was coined!

Threat Detection 123

Threat Detection Authentication Accountability Data breaches 123

Krebs on Security

APRIL 11, 2024

New York City based Sisense has more than 1,000 customers across a range of industry verticals, including financial services, telecommunications, healthcare and higher education. ” “We are taking this matter seriously and promptly commenced an investigation,” Dash continued.

CISO 249

CISO Encryption Telecommunications Financial Services 249

Thales Cloud Protection & Licensing

JANUARY 22, 2024

Because while the goal – opening a bank account – remains the same, consumer expectations, the process itself, and the security measures involved have all been redefined. IAM can provide a framework that ensures the right individuals have the right access to systems, applications, and data.

Banking 78

Banking Authentication Identity Theft Mobile 78

ForAllSecure

JUNE 16, 2021

And in May of 2021 Researchers disclosed that the Peloton API authentication was broken. With that an attacker couldn't necessarily intercept the data, but they could query the peloton API to get user data that they weren't supposed to. So account balance and, you know, Do you want to transfer that kind of stuff.

Hacking 52

Hacking Mobile Authentication Internet 52

ForAllSecure

JUNE 16, 2021

And in May of 2021 Researchers disclosed that the Peloton API authentication was broken. With that an attacker couldn't necessarily intercept the data, but they could query the peloton API to get user data that they weren't supposed to. So account balance and, you know, Do you want to transfer that kind of stuff.

Hacking 52

Hacking Mobile Authentication Internet 52

The Last Watchdog

JULY 7, 2021

Credential stuffing is a type of advanced brute force hacking that leverages software automation to insert stolen usernames and passwords into web page forms, at scale, until the attacker gains access to a targeted account. Some deep, structural flaws persist in the way we use our web browsers and mobile apps to access online accounts.

Accountability 257

Accountability Mobile Passwords Authentication 257

The Last Watchdog

MAY 24, 2021

billion hitting financial services organizations — an increase of more than 45 percent year-over-year in that sector. billion web app attacks last year, with more than 736 million targeting financial services. billion web attacks globally; 736 million in the financial services sector. A: Everything.

Financial Services 178

Financial Services Passwords Media Data breaches 178

The Last Watchdog

JULY 21, 2020

Furthermore, 50% encountered ransomware and other malware; 29% reported incidents of data getting exposed; 25% had accounts compromised; and 17% dealt with incidents of crypto-jacking. New cloud PaaS services, such as shared storage, containers, database services and serverless functions etc.

Cloud Migration 157

Cloud Migration Ransomware Data breaches Internet 157

ForAllSecure

JANUARY 19, 2022

You might not think of it as a major aspect of security and yet, stolen credentials are really the key to data breaches today. To use a service, we enter our user name and a password. But this method of authentication is flawed; either hashed or hashed and salted, usernames and passwords can still be stolen and reused.

Passwords 52

Passwords Authentication Mobile Password Management 52

The Last Watchdog

OCTOBER 29, 2019

In short, APIs are multiplying fast and creating the automated highways of data. And this doesn’t account for all the private APIs business built and use. The services on that smartphone you’re holding makes use of hundreds of unique APIs. Data breach disclosure laws in effect across 47 U.S.

Mobile 140

Mobile Digital transformation Data breaches Firewall 140

The Last Watchdog

FEBRUARY 25, 2019

A separate set of startups soon cropped up specifically to handle the provisioning of log on accounts that gave access to multiple systems, and also the de-provisioning of those accounts when a user left the company. The IAM vendors took single sign-on to the next level, adding multi-factor authentication and other functionalities.

Government 169

Government Authentication Technology Data breaches 169

SecureWorld News

OCTOBER 15, 2020

A group of teenagers used social engineering to breach Twitter's network and take over the accounts of a whole bunch of A-listers. The teens also took over Twitter accounts of several cryptocurrency companies regulated by the New York State Department of Financial Services (NYDFS).

Social Engineering 99

Social Engineering Media Scams Financial Services 99

Security Affairs

NOVEMBER 19, 2023

Israeli man sentenced to 80 months in prison for providing hacker-for-hire services Russian APT Gamaredon uses USB worm LitterDrifter against Ukraine The board of directors of OpenAI fired Sam Altman Medusa ransomware gang claims the hack of Toyota Financial Services CISA adds Sophos Web Appliance bug to its Known Exploited Vulnerabilities catalog (..)

Data breaches 94

Data breaches Identity Theft Ransomware Hacking 94