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Luxury, Loyalty and Lateral Movement: Retail and Banking Attacks Surge

SecureWorld News

These breachesaffecting Cartier, Main Street Bank, and The North Faceunderscore the rising threat landscape facing luxury and everyday consumer brands. While no operational impact was reported, the bank terminated its relationship with the vendor. The reputational damage could be immense." But even that's not enough.

Retail 65
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New Linux FASTCash Variant: Threats to Banking Systems

Hacker's King

The cybersecurity world has been abuzz with news of a new Linux variant of FASTCash, a sophisticated malware targeting the banking sector. FASTCash has gained notoriety for its ability to bypass banking security protocols, enabling cybercriminals to withdraw massive amounts of cash from ATMs.

Banking 52
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Coinbase disclosed a data breach after an extortion attempt

Security Affairs

Exposed data included contact details, partial SSNs and bank info, ID images, account history, and limited internal documents. Compromised data includes: Name, address, phone, and email; Masked Social Security (last 4 digits only); Masked bank-account numbers and some bank account identifiers; GovernmentID images (e.g.,

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Two hacker groups attacked Russian banks posing as the Central Bank of Russia

Security Affairs

Group-IB has detected massive campaigns targeting Russian financial institutions posing as the Central Bank of Russia. The emails were disguised to look as if they come from the Central Bank of Russia and FinCERT, the Financial Sector Computer Emergency Response Team. Group-IB system blocked this threat in inline mode. .

Banking 111
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57,000 Bank of America Customers' Data Compromised in Breach

SecureWorld News

Bank of America is notifying customers that their personal information was compromised in a data breach impacting Infosys McCamish Systems (IMS), a third-party vendor. At least 57,028 Bank of America customers were directly impacted. The breach reportedly occurred after IMS was hacked in November 2023.

Banking 116
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Cyber Security in Banking: Threats, Solutions & Best Practices

eSecurity Planet

Cyber security in banking has become the frontline defense against an ever-growing wave of digital threats. With billions of dollars and sensitive data at risk, banks are under constant pressure to stay one step ahead of cybercriminals. Table of Contents Toggle What is Cyber Security in Banking?

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The Role and Benefits of AI in Cybersecurity

SecureWorld News

To make digital systems more resilient to malicious activities, AI functions by using its key technologies that detect, prevent, and respond to threats. Machine learning (ML): It allows systems to analyze vast amounts of data, recognize patterns, and improve threat detection over timewithout needing constant human intervention.