Security Affairs

MARCH 19, 2025

California Cryobank, the largest US sperm bank, suffered a data breach exposing customer information. California Cryobank (CCB) is the largest sperm bank in the U.S., providing frozen donor sperm and reproductive services, including egg and embryo storage. At this time, it is unclear if the exposed information includes any donor data.

Data breaches 107

Data breaches Banking Insurance Hacking 107

Adam Levin

APRIL 10, 2019

A security analysis of 30 major banking and financial apps has shown major security holes and a lax approach to protecting user data. Among the most alarming finding was the practice of embedding and hard-coding of private certificates and API keys into banking apps. Read more about their report’s findings here.

Banking 187

Banking Insurance Retail Mobile 187

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. The Blacksburg bank is now suing its insurance provider for refusing to fully cover the loss. On Sunday, Aug.

Banking 217

Banking Accountability Data breaches Malware 217

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.

Insurance 361

Insurance Accountability Banking Government 361

Joseph Steinberg

JUNE 15, 2021

Major American banks and various other parties serving them are each spending $1 Billion per year on cybersecurity, according to Bank of America’s CEO, Brian Moynihan.

Cybersecurity 364

Cybersecurity Artificial Intelligence Banking Insurance 364

Schneier on Security

SEPTEMBER 26, 2022

Depending on the website you visit, the form data may itself include PII­—including but not limited to Social Security Numbers (SSNs)/Social Insurance Numbers (SINs), name, address, email, date of birth (DOB), contact information, bank and payment information, and so on.

Passwords 315

Passwords Insurance Banking 315

Security Affairs

NOVEMBER 20, 2021

banking regulators have approved a new rule that orders banks to notify federal regulators of significant cybersecurity incidents within 36 hours. banking regulators this week approved a rule that obliges banks to report any major cybersecurity incidents to the government within 36 hours of discovery. Pierluigi Paganini.

Banking 145

Banking Cybersecurity Financial Services Insurance 145

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. “Members don’t have to request to use Zelle.

Scams 363

Scams Banking Passwords Authentication 363

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 138

Insurance Ransomware DDOS Banking 138

Security Affairs

APRIL 11, 2025

Health Insurance Information: This may encompass plan name, plan type, insurance companies, and member/group ID numbers. “The specific information involved is not the same for everyone.” ” reads the notice of data breach.

Data breaches 94

Data breaches Insurance Banking Accountability 94

Krebs on Security

JULY 9, 2021

Tracey Santor is the bond product manager for Travelers , which insures a large number of financial institutions against this type of crime. ” Chain gang members at work on a Texas bank ATM. In 2019, the average amount stolen in a traditional bank robbery was just $1,797, according to the FBI.

Banking 362

Banking Insurance Surveillance Risk 362

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 353

Banking Government Information Security Authentication 353

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 359

Insurance Financial Services Penetration Testing Scams 359

Tech Republic Security

NOVEMBER 25, 2024

Australian banks, insurers, and superannuation funds must meet higher regulatory resilience standards by as soon as July 2025.

Insurance 179

Insurance Banking Financial Services 179

Security Boulevard

JANUARY 27, 2022

The insurance company refused to pay. The post Cyberinsurance: Federal Court Interprets Banking Fraud Policy appeared first on Security Boulevard. They had a cybersecurity incident, filed a claim and—guess what?

Banking 131

Banking Insurance Cybersecurity Social Engineering 131

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. AMCA has advised LabCorp that Social Security Numbers and insurance identification information are not stored or maintained for LabCorp consumers.”

Insurance 274

Insurance Banking Accountability Data privacy 274

Malwarebytes

OCTOBER 14, 2024

Last week on ThreatDown: Hands-on-keyboard (HOK) attacks: How ransomware gangs attack in real-time Ransomware insurance is funding cybercrime, says White House official 5 tools IT admins should block right now Stay safe! Update now!

Data breaches 120

Data breaches Surveillance Insurance DDOS 120

Malwarebytes

APRIL 24, 2025

The tech giant may have used this data for targeted advertising, according to Blue Shield, which is one of the largest health insurers in the US. Blue Shield a nonprofit health insurer serving nearly 6 million members, used Google Analytics to monitor how customers interacted with its websites to improve services. .”

Insurance 109

Insurance Data breaches Passwords Phishing 109

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 272

Financial Services Insurance Banking Authentication 272

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.

Banking 279

Banking Accountability Financial Services Insurance 279

Centraleyes

MARCH 27, 2025

central banking system. The Federal Deposit Insurance Corporation (FDIC) – Insures deposits and supervises financial institutions for safety and soundness. The National Credit Union Administration (NCUA) – Regulates and insures federal credit unions. What is the difference between FFIEC 031 and 041?

Banking 52

Banking Insurance Consumer Protection Risk 52

Security Affairs

APRIL 6, 2025

If you’re running KYC in banking, insurance, travel, crypto, or anywhere else its time to upgrade your process. . “The only viable path forward is digitally verified identity, like eID wallets mandated by the EU. One of the companies ahead of this shift is our portfolio startup.” ” added the expert.

Identity Theft 145

Identity Theft Insurance Banking Authentication 145

Malwarebytes

JANUARY 27, 2025

Health insurance information: Details about primary, secondary, or other health plans/policies, insurance companies, member/group ID numbers, and Medicaid-Medicare-government payor ID numbers. However, the exposed information may include: Contact information: Names, addresses, dates of birth, phone numbers, and email addresses.

Data breaches 121

Data breaches Healthcare Insurance Passwords 121

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 363

Accountability Identity Theft Hacking Insurance 363

CyberSecurity Insiders

JUNE 28, 2021

If you have seen the latest banking news, you may have seen that the Competition and Markets Authority in the UK recently launched a consultation on the future of open banking to set out the principal features for open banking in its next phase of implementation. The role of Open Banking. billion people across the world.

Banking 133

Banking Financial Services Authentication Technology 133

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. The total amount of this mass payroll deposit was approximately $26 million.

Banking 280

Banking Financial Services Accountability Insurance 280

Krebs on Security

JUNE 18, 2021

The SEC says First American derives nearly 92 percent of its revenue from its title insurance segment, earning $7.1 Title insurance protects homebuyers from the prospect of someone contesting their legitimacy as the new homeowner. Title insurance is not mandated by law, but most lenders require it as part of any mortgage transaction.

Insurance 344

Insurance Risk Financial Services CISO 344

Schneier on Security

JANUARY 29, 2020

Here's an article about Ralphs, a California supermarket chain owned by Kroger: the form proceeds to state that, as part of signing up for a rewards card, Ralphs "may collect" information such as "your level of education, type of employment, information about your health and information about insurance coverage you might carry."

Consumer Protection 272

Consumer Protection Insurance Data privacy Banking 272

Security Boulevard

JANUARY 24, 2025

Plus, the EUs DORA cyber rules for banks go into effect. DORA establishes strict cybersecurity requirements for financial firms including banks , insurance companies and investment firms, as well as for third-parties that provide information and communications technology (ICT) products and services to financial sector organizations.

Banking 69

Banking Cybersecurity Artificial Intelligence Ransomware 69

Security Boulevard

JULY 19, 2023

API security is a pressing concern for industries undergoing digital transformation, and none more so than financial services and insurance. To shed light on their unique challenges, Salt undertook and today released its first industry-specific report on API security: the 2023 “State of API Security for Financial Services and Insurance.”

Financial Services 94

Financial Services Insurance Banking Digital transformation 94

Identity IQ

SEPTEMBER 3, 2024

Major Banks Under Fire for Refusing Reimbursements to Victims of Online Payment Scams IdentityIQ Major U.S. banks, including JPMorgan Chase, Wells Fargo, and Bank of America, have come under intense scrutiny for their response to online payment scams. Key Takeaways Major U.S.

Scams 96

Scams Banking Identity Theft Insurance 96

Heimadal Security

SEPTEMBER 14, 2023

That is because Banking, Financial Services, and Insurance (BFSI) institutions/ financial institutions safeguard and store not only our money but also very valuable data. According to a Juniper […] The post Banking Cybersecurity: The Risks Faced by Financial Institutions appeared first on Heimdal Security Blog.

Banking 97

Banking Risk Cybersecurity Financial Services 97

The Last Watchdog

MAY 30, 2025

Whether you’re a bank, a mining company, or an airline, this is a soft, underlying hygiene problem, says Tim Eades , CEO of Anetac. Its telemetry engine is helping early adopters shrink the blast radius of service account abuse and meet tighter requirements now being pushed by regulators and cyber insurers alike.

Risk 130

Risk Cyber Insurance Accountability Insurance 130

Krebs on Security

FEBRUARY 8, 2019

The USA Patriot Act , passed in the wake of the terror attacks of Sept 11, 2001, requires all financial institutions to appoint at least two Bank Secrecy Act (BSA) contacts responsible for reporting suspicious financial transactions that may be associated with money laundering.

Phishing 279

Phishing Insurance Scams Banking 279

Krebs on Security

MARCH 26, 2020

Top denizens of several cybercrime forums who’ve been tracking the raids posited that Stroganov and others were busted because they had a habit of violating the golden rule for criminal hackers residing in Russia or in a former Soviet country: Don’t target your own country’s people and/or banks.

Cybercrime 346

Cybercrime Banking Retail Insurance 346

Adam Levin

SEPTEMBER 4, 2019

The Wall Street Journal reported that the CEO of an unnamed UK energy company received a phone call from what sounded like his boss, the CEO of a German parent company, telling him to wire €220,000 (roughly $243,000) to a bank account in Hungary.

Scams 233

Scams Artificial Intelligence Insurance Technology 233

The Last Watchdog

MAY 15, 2025

Proactive Protection Without Breaking the Bank Its a myth that only large budgets can deliver meaningful cybersecurity. Carrying cyber insurance that covers downtime, breaches, and ransomware. For small businesses, smart prioritization is key. That means: Training employees to recognize phishing and avoid risky behavior.

Small Business 113

Small Business Cybercrime Cyber Insurance Phishing 113