Security Affairs

APRIL 6, 2025

Musielak warned of the rising threat of mass identity theft, fraudulent credit applications, and fake account creation, which are now more scalable with generative AI. If you’re running KYC in banking, insurance, travel, crypto, or anywhere else its time to upgrade your process. ” added the expert.

Identity Theft

Security Boulevard

JANUARY 24, 2025

Plus, the EUs DORA cyber rules for banks go into effect. Meanwhile, a report warns about overprivileged cloud accounts. IT Governance) 3 - Google: Hackers shift sights to overprivileged cloud accounts Cloud accounts that have more privileges than they should are increasingly attracting the attention of hackers.

Banking

The Last Watchdog

MAY 30, 2025

Non-human service accounts have quietly become one of the biggest liabilities in enterprise security. Yet despite their scale, service accounts remain largely invisible to traditional IAM and PAM systems. Yet despite their scale, service accounts remain largely invisible to traditional IAM and PAM systems.

Risk

Webroot

MARCH 3, 2025

The event is sponsored by the Federal Trade Commission (FTC), and other participating agencies include the Federal Deposit Insurance Corporation (FDIC), AARP , and the Better Business Bureau (BBB). Secure payment methods Ensure safe processing of financial transactions.

Consumer Protection

Troy Hunt

JULY 16, 2025

Nefarious parties gather our personal information exposed in the breach, approach financial institutions and then impersonate us to do stuff like this: So I recently somewhat had my identity stolen, someone used my driver's license to open about 10 different bank accounts across 6 Banks.

Data breaches

Security Affairs

JANUARY 9, 2025

.” The experts determined that threat actors may have stolen certain files containing different types of information, including health insurance and billing information (such as insurance policy numbers or claims/benefits information), payment information (such as debit/credit card numbers or bank account information), health information (such (..)

Data breaches

Security Affairs

MAY 15, 2025

“Notifications are in the process of being mailed to impacted account holders, which includes detailed information about resources and support. For some of our customers, bank account numbers (for pre-authorized payment) may also have been impacted, if this information was provided by these customers.

Data breaches

Webroot

APRIL 22, 2025

Financial services industry: Banks, insurance companies and other financial organizations offer a wealth of opportunity for hackers who can use stolen bank account and credit card information for their own financial gain. They can open accounts in your name, apply for loans, and even file false tax returns.

Data breaches

Webroot

FEBRUARY 21, 2025

Consider all the connected devices you use for daily tasksbrowsing, shopping, banking, gaming, and more. From purchasing a plane ticket to opening a bank account and registering to vote, or simply doing your grocery shopping online, getting through the day without sharing at least some personal information online seems nearly impossible.

Identity Theft

Security Affairs

MAY 27, 2025

Notifications are in the process of being mailed to impacted account holders, which includes detailed information about resources and support. For some of our customers, bank account numbers (for pre-authorized payment) may also have been impacted, if this information was provided by these customers.

Energy and Utilities

Security Boulevard

MARCH 14, 2025

Health Insurance Portability and Accountability Act (HIPAA): HIPAA is focused on ensuring the privacy and security of electronic protected health information (ePHI) managed by APIs. Open Banking and PSD2: The growth of open banking has increased dependency on APIs for financial transactions.

Authentication

Thales Cloud Protection & Licensing

JANUARY 16, 2025

Some of the most important are Gramm-Leach-Bliley Act ( GLBA ), the National Association of Insurance Commissioners ( NAIC ) Data Security Model Law, the New York Department of Financial Services ( NYDFS ) Cybersecurity Regulation, and the National Credit Union Administration ( NCUA ) cybersecurity guidance.

Financial Services

Thales Cloud Protection & Licensing

OCTOBER 14, 2024

A lack of multifactor authentication (MFA) to protect privileged accounts was another culprit, at 10%, also 7 percentage points lower than average. However, banks and financial institutions have realized the problems of increased operational complexity and are taking the required steps to consolidate their tech stack.

Financial Services

Centraleyes

MARCH 13, 2025

The New York Department of Financial Services (NYDFS) Cybersecurity Regulation, officially known as 23 NYCRR Part 500, is a forward-thinking framework designed to protect consumers sensitive data while holding businesses accountable for their cybersecurity practices. This plan is your playbook for staying calm under pressure.

Cybersecurity

BH Consulting

JANUARY 17, 2025

In Ireland, its the Central Bank of Ireland. In other words, DORA preparation has been helped by somewhat related compliance requirements which preceded it over the last few years Covered entities in Ireland were required to comply with the Central Bank of Irelands CP 140 Guidelines on Operational Resilience a number of years ago.

Risk

Centraleyes

APRIL 17, 2025

Various regulatory bodies and industry organizations either require or recommend the use of COSO: The Securities and Exchange Commission (SEC) and the Public Company Accounting Oversight Board (PCAOB) recognize COSO as a valid framework for SOX compliance, ensuring public companies maintain strong internal controls over financial reporting.

Risk

BH Consulting

APRIL 30, 2025

Exploitation of vulnerabilities surged by 34 per cent, and now account for 20 per cent of breaches. Landed earlier than usual, the 2025 edition found that 30 per cent of breaches involved third-parties, doubling from 2024. Ransomware rose significantly; it was present in 44 per cent of breaches and 31 per cent of incidents.

Data breaches

SecureWorld News

DECEMBER 27, 2024

Identity theft will evolve: Stolen identities will fuel new fraud schemes, like creating crypto accounts in victims names. Zimperiums Mobile Banking Heist Report provides early evidence of this shift: in 2023, 29 malware families targeted 1,800 mobile banking apps, with several showing early-stage ransomware capabilities.

Cybersecurity

Centraleyes

MARCH 17, 2025

Ensure Accountability : Standardize processes to track risk management efforts over time. insurance). Ideal For: Organizations where financial metrics drive decisions, such as banks, insurers, or large corporations. Establish a Common Language: Enable consistent communication of risks across departments and stakeholders.

Risk

Centraleyes

JULY 13, 2025

These include guidance from the Federal Reserve, OCC, FDIC, FFIEC , CFTC, IOSCO, and international bodies like the European Central Bank and ENISA. The Profile covers the following core functions: Govern: Risk governance, accountability, and oversight. community banks, state banks) and (b) providers of low criticality services.

Financial Services

Thales Cloud Protection & Licensing

MARCH 19, 2025

Sector Trust Rankings: Stability and Shifts Banking Retains Leadership Amid Generational Divides The banking sector maintained its position as the most trusted industry in both 2024 and 2025, though its dominance weakened among younger demographics. Brands complying with regional laws (e.g., 13% dissatisfaction in Germany).

Insurance

Centraleyes

MAY 8, 2025

Heres what organizations need to know about staying compliant without breaking the bank. Businesses that dont account for these ongoing costs often find themselves scrambling (and spending more) to stay compliant year after year. But the actual expenses go deeper, often catching companies off guard.

Penetration Testing

Krebs on Security

MAY 16, 2020

A well-organized Nigerian crime ring is exploiting the COVID-19 crisis by committing large-scale fraud against multiple state unemployment insurance programs, with potential losses in the hundreds of millions of dollars, according to a new alert issued by the U.S. Secret Service. Chamber of Commerce. Rhode Island is even worse off, with 31.4

Insurance

Krebs on Security

AUGUST 6, 2020

A group of thieves thought to be responsible for collecting millions in fraudulent small business loans and unemployment insurance benefits from COVID-19 economic relief efforts gathered personal data on people and businesses they were impersonating by leveraging several compromised accounts at a little-known U.S.

Accountability

Krebs on Security

MAY 24, 2019

The Web site for Fortune 500 real estate title insurance giant First American Financial Corp. based First American is a leading provider of title insurance and settlement services to the real estate and mortgage industries. First American Financial Corp. Image: Linkedin. Santa Ana, Calif.-based billion in 2018.

Insurance

Krebs on Security

JULY 24, 2018

Hackers used phishing emails to break into a Virginia bank in two separate cyber intrusions over an eight-month period, making off with more than $2.4 Now the financial institution is suing its insurance provider for refusing to fully cover the losses. million total. All told, the perpetrators stole more than $569,000 in that incident.

Banking

Krebs on Security

MAY 23, 2020

Secret Service warned of “massive fraud” against state unemployment insurance programs , noting that false filings from a well-organized Nigerian crime ring could end up costing the states and federal government hundreds of millions of dollars in losses. Meanwhile, a number of U.S. Last week, the U.S. ” Image: Agari.

Insurance

Krebs on Security

AUGUST 17, 2018

12, KrebsOnSecurity carried an exclusive : The FBI was warning banks about an imminent “ATM cashout” scheme about to unfold across the globe, thanks to a data breach at an unknown financial institution. On Sunday, Aug. million unauthorized ATM withdrawals from more than two dozen cash machines across multiple countries.

Banking

Krebs on Security

NOVEMBER 19, 2021

One of the more common ways cybercriminals cash out access to bank accounts involves draining the victim’s funds via Zelle , a “peer-to-peer” (P2P) payment service used by many financial institutions that allows customers to quickly send cash to friends and family.

Scams

Krebs on Security

SEPTEMBER 27, 2019

Earlier this month, employees at more than 1,000 companies saw one or two paycheck’s worth of funds deducted from their bank accounts after the CEO of their cloud payroll provider absconded with $35 million in payroll and tax deposits from customers. Then, you promptly withdraw the $500 from checking account B.

Banking

Identity IQ

FEBRUARY 21, 2021

Identity theft insurance is a type of insurance policy that can help victims recover from losses caused by identity theft. It may be offered as a standalone policy, or as a benefit with other types of insurance or identity protection plans. Not all identity theft insurance policies offer the same level of coverage.

Identity Theft

Security Boulevard

MAY 21, 2021

Just a week after announcing it would no longer cover ransomware payments in France, global insurance company AXA has been hit with a targeted ransomware attack. The data include customer medical reports, claims, payments, bank account info, ID cards, passports, and more. .

Insurance

Krebs on Security

APRIL 27, 2023

A shocking number of organizations — including banks and healthcare providers — are leaking private and sensitive information from their public Salesforce Community websites, KrebsOnSecurity has learned. Huntington Bank has disabled the leaky TCF Bank Salesforce website. Washington, D.C.

Banking

Krebs on Security

SEPTEMBER 11, 2019

The ongoing debacle, which allegedly involves malfeasance on the part of the payroll company’s CEO, resulted in countless people having money drained from their bank accounts and has left nearly $35 million worth of payroll and tax payments in legal limbo. REVERSING THE REVERSAL.

Banking

Krebs on Security

JUNE 4, 2019

. “AMCA’s affected system also included credit card or bank account information that was provided by the consumer to AMCA (for those who sought to pay their balance),” the filing reads. credit card numbers and bank account information), medical information and Social Security Numbers. million patients.

Insurance

Krebs on Security

JULY 23, 2020

In May 2019, KrebsOnSecurity broke the news that the website of mortgage title insurance giant First American Financial Corp. based First American [ NYSE:FAF ] is a leading provider of title insurance and settlement services to the real estate and mortgage industries. It employs some 18,000 people and brought in $6.2 billion in 2019.

Insurance

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