CyberSecurity Insiders

MARCH 17, 2023

After Rubrik, Hitachi Energy issued a public statement that some of its customer accounts might have been compromised, after a ransomware attack took place on a third-party software called Fortra GoAnywhere MFT. However, an authenticity on this info is awaited and will only be known, as the case starts unfolding, in the court of law.

Software 136

Software Ransomware Data breaches Financial Services 136

Krebs on Security

APRIL 28, 2020

You may have heard that today’s phone fraudsters like to use use caller ID spoofing services to make their scam calls seem more believable. “After we figured out what was going on, we were left asking ourselves how the crooks had obtained her last three transactions without breaking into her account online. .

Scams 355

Scams Banking Accountability Financial Services 355

Krebs on Security

DECEMBER 13, 2022

Meanwhile, the hackers responsible are communicating directly with members through the InfraGard portal online — using a new account under the assumed identity of a financial industry CEO that was vetted by the FBI itself. Department of Defense. USDoD’s InfraGard sales thread on Breached.

Hacking 359

Hacking Energy and Utilities Cybercrime Accountability 359

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 203

Financial Services Insurance Banking Authentication 203

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 209

Financial Services Banking Accountability Identity Theft 209

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 284

Insurance Financial Services Penetration Testing Scams 284

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

Krebs on Security

NOVEMBER 16, 2022

financial services firm Ameriprise uses the domain ameriprise.com; the Disneyland Team’s domain for Ameriprise customers is [link] [brackets added to defang the domain], which displays in the browser URL bar as ? . It also has other options for stalling victims whilst their accounts are drained. Bank customers.

Malware 257

Malware Banking Phishing DDOS 257

Thales Cloud Protection & Licensing

NOVEMBER 20, 2023

The IBM 2023 Cost of a Data Breach Report , for example, highlights the continuous financial burden on retailers, which, coupled with potential reputational damage, emphasizes the dire need for retailers to prioritize and bolster their cybersecurity measures. For retailers, this poses a two-pronged challenge.

Retail 83

Retail Cybersecurity Financial Services Mobile 83

Thales Cloud Protection & Licensing

SEPTEMBER 18, 2023

According to the 2022 Thales Data Threat Report – Financial Services Edition , 52% of U.S. financial services organizations report that they have experienced a data breach in the past. mandates that account data storage is kept to a minimum by implementing data retention and disposal policies, procedures, and processes.

Financial Services 77

Financial Services Data breaches Accountability Encryption 77

Duo's Security Blog

AUGUST 22, 2022

In 2017, New York Department of Financial Services (NYDFS) passed cybersecurity regulation 23 NYCRR 500, requiring all financial services companies to implement multi-factor authentication (MFA). With one tap, users are able to quickly and easily login to their account.

Cybersecurity 71

Cybersecurity Financial Services VPN Technology 71

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

Malwarebytes

SEPTEMBER 30, 2021

Two-factor authentication is a great way to protect your online accounts, and we always recommend you turn it on. Yesterday, security intelligence firm, Intel 147, revealed it had noticed an uptick of activity in threat actors providing access to services in Telegram that circumvent two-factor authentication (2FA) methods.

Social Engineering 88

Social Engineering Banking Authentication Passwords 88

Thales Cloud Protection & Licensing

JANUARY 10, 2022

The financial services ecosystem has evolved tremendously over the past few years driven by a surge in the adoption of digital payments. Security is paramount; digital payments are not only authorized but they must be authenticated as well. How Can We Secure The Future of Digital Payments? Tue, 01/11/2022 - 06:35.

Retail 126

Retail Financial Services Banking Authentication 126

Thales Cloud Protection & Licensing

MARCH 6, 2024

The report shows that almost half (46%) of all Account Takeover (ATO) attacks are aimed at API endpoints. Nearly one-third (28%) of all DDoS attacks on APIs focus on financial services organizations, the most targeted industry for this type of attack. Identify and protect sensitive and high-risk APIs.

Risk 87

Risk Financial Services Authentication DDOS 87

Security Affairs

JUNE 26, 2021

Threat actors carried out brute-force and password spraying attacks in an attempt to gain access to Microsoft customer accounts. The hackers also targeted non-governmental organizations and think tanks, as well as financial services. In all, 36 countries were targeted.” ” reads the post published by Microsoft.

Financial Services 101

Financial Services Architecture Cyber Attacks Accountability 101

Pen Test Partners

OCTOBER 2, 2023

TL;DR: Stop asking customers to verify themselves Reduce friction and annoyance Empower your staff to be more effective Develop an alternative model that works best for you I’m sure we’ve all experienced authenticating ourselves when calling a company. In a voice call, step up authentication as needed.

Authentication 52

Authentication Healthcare Financial Services Accountability 52

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

Krebs on Security

JULY 1, 2021

Financial services giant Intuit this week informed 1.4 Intuit says the change is tied to an “exciting” and “free” new service that will let millions of small business employees get easy access to employment and income verification services when they wish to apply for a loan or line of credit.

Small Business 334

Small Business Financial Services Government Media 334

CyberSecurity Insiders

JUNE 28, 2021

In terms of financial inclusion, open banking also provides a wider range of financial services to a larger proportion of the global population at a lower cost. Financial Inclusion and Open Banking in practice. This revolves around getting the security and authentication behind the technology right.

Banking 133

Banking Financial Services Authentication Technology 133

Thales Cloud Protection & Licensing

JANUARY 26, 2021

For example, compromised card details are used to make unauthorized purchases online and personal details are used to take over an account or apply for a credit card in someone else’s name. Criminals use personal and financial data to impersonate customers and add apparent authenticity to a scam. Online skimming.

Retail 143

Retail Banking Big data Computers and Electronics 143

Security Affairs

MARCH 19, 2022

. “AvosLocker is a Ransomware as a Service (RaaS) affiliate-based group that has targeted victims across multiple critical infrastructure sectors in the United States including, but not limited to, the Financial Services, Critical Manufacturing, and Government Facilities sectors. Disable unused ports.

Ransomware 105

Ransomware DDOS Passwords Backups 105

Security Boulevard

MARCH 6, 2024

The report shows that almost half (46%) of all Account Takeover (ATO) attacks are aimed at API endpoints. Nearly one-third (28%) of all DDoS attacks on APIs focus on financial services organizations, the most targeted industry for this type of attack. Identify and protect sensitive and high-risk APIs.

Risk 61

Risk Financial Services Authentication DDOS 61

Dark Reading

DECEMBER 18, 2012

The recent article, “$850 Million Scheme Exploited Facebook: Authentication, Secure Browsing Would Have Reduced Losses,” illustrates just how important customer authentication is. Within the next two to five years, we will see stronger authentication everywhere, because the banks are going to get sick of the losses.”.

Banking 40

Banking Authentication Risk Identity Theft 40

Krebs on Security

MAY 3, 2019

Its account and transaction processing systems power the Web sites for hundreds of financial institutions — mostly small community banks and credit unions. The authentication weakness allowed bank customers to view account data for other customers, including account number, balance, phone numbers and email addresses.

Banking 177

Banking Accountability Passwords Technology 177

Malwarebytes

DECEMBER 1, 2022

Like other ransomware groups, its threat actors use double extortion tactics, predominantly targeting organizations in the US in five critical infrastructure sectors: critical manufacturing, financial services, government facilities, healthcare and public health, and information technology.

Ransomware 84

Ransomware Financial Services Accountability Malware 84

Security Affairs

MARCH 8, 2022

. “As of January 2022, the FBI has identified at least 52 entities across 10 critical infrastructure sectors affected by RagnarLocker ransomware, including entities in the critical manufacturing, energy, financial services, government, and information technology sectors,” reads the FBI’s flash alert.

Ransomware 94

Ransomware Financial Services VPN Passwords 94

Security Affairs

MARCH 29, 2022

Then, they enter those accounts for the purpose of abusing permissions, siphoning out data, or both. You can’t access an account with recycled credentials if there aren’t any. Here are some primary methods for preventing credential stuffing attacks: Multi-Factor Authentication (MFA). How credential stuffing attacks work.

Passwords 84

Passwords Authentication Data privacy Accountability 84

Security Affairs

AUGUST 16, 2023

Other top 4 targeted industries include Manufacturing, Insurance, Technology, and Financial Services seeing 15%, 9%, 7%, and 6% of the campaign traffic respectively.” com (Cloudflare’s Web3 services). The content of the message attempt to trick the recipient into scanning the code to verify their account.

Phishing 94

Phishing Energy and Utilities Insurance Manufacturing 94

SecureWorld News

SEPTEMBER 2, 2021

Someone in your organization hit send on a wire transfer for $21 million—and afterward, they discovered they sent the payment to an account controlled by cybercriminals. Since BEC attacks can happen so swiftly, it is imperative to act quickly—rapid-fire quick—when it is suspected a financial transaction could be compromised.

Cybercrime 65

Cybercrime Accountability Financial Services Authentication 65

Security Boulevard

AUGUST 3, 2021

We also can’t forget standing administrative privileges and service accounts used by systems, services, and things. Once we spotlight these accounts, we can decide whether the risk they create is worth the value they provide. Next, we need to do a better job of securing the accounts we do need.

Ransomware 104

Ransomware Financial Services Accountability Retail 104

Duo's Security Blog

JUNE 28, 2022

And one of the few security technologies that is specifically called out by the FTC is multi-factor authentication (MFA). Multi-factor authentication helps security teams control access to sensitive data. Duo understands this and keeps users in mind by focusing on ease of use through multiple authentication methods.

Authentication 52

Authentication Financial Services Technology Information Security 52

CyberSecurity Insiders

NOVEMBER 1, 2022

However such concerns, whilst understandable, don’t recognize the current capabilities of security solutions available such as Multi-Factor Authentication and the implementation of Government regulations such as PSD2 in the EU. Crucial elements of the Open Banking experience are Application Programming Interfaces (APIs).

Banking 119

Banking Authentication Risk Cybersecurity 119

Malwarebytes

NOVEMBER 16, 2021

According to the researchers, SharkBot demonstrates: “…how mobile malwares are quickly finding new ways to perform fraud, trying to bypass behavioural detection countermeasures put in place by multiple banks and financial services during the last years.” ” Type and source of the infection.

Banking 101

Banking Financial Services Encryption Malware 101

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. A German User’s Account. An Australian User’s Account. Financial details such as. Account Takeover. Credit Card Fraud.

Passwords 125

Passwords Accountability Media Identity Theft 125

Security Boulevard

JUNE 26, 2023

Data breaches caused by weak security measures and procedures result in severe monetary losses, erosion of clients’ trust, and irreversible reputation damage to organizations in the healthcare, financial services, technology, and retail industries, as well as government and public sector entities.

Data breaches 52

Data breaches Healthcare Telecommunications Financial Services 52

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 116

Malware Computers and Electronics Software Financial Services 116