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Toyota Financial Services discloses a data breach

Security Affairs

Toyota Financial Services (TFS) disclosed a data breach, threat actors had access to sensitive personal and financial data. Toyota Financial Services (TFS) is warning customers it has suffered a data breach that exposed sensitive personal and financial data.

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Nissan Oceania data breach impacted roughly 100,000 people

Security Affairs

The Australian and New Zealand Nissan Corporation and Financial Services (“Nissan”) advises that its systems have been subject to a cyber incident. Stolen data included corporate files and personal information Nissan refused to pay the ransom and the cybercrime group published the alleged stolen files.

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Would You Have Fallen for This Phone Scam?

Krebs on Security

But you probably didn’t know that these fraudsters also can use caller ID spoofing to trick your bank into giving up information about recent transactions on your account — data that can then be abused to make their phone scams more believable and expose you to additional forms of identity theft. Click to enlarge.

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Research partnership to examine how fraudsters abuse financial tech innovations

SC Magazine

Moreover, it will look at cybercriminal activities related to circumventing identity and authentication mechanisms for these innovations, including the development of synthetic identities, identity theft and account takeovers. Such discoveries would no doubt prove useful to the financial services community at large.

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Top 5 Industries Most Vulnerable to Data Breaches in 2023

Security Boulevard

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.

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UK ‘open banking’ efforts provide case study in risks, rewards tied to digital transformation

SC Magazine

While advocates believe this will be a net positive for consumers, there is also concern that opening up such data to hundreds of new organizations could result in higher rates of fraud, like identity theft, if they ended up in the wrong hands. Indeed, the evolution of security efforts in the U.K.

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Websites repeatedly stalked by fraudulent copycats, say researchers

SC Magazine

Digital Shadows reports that out of its total client base, businesses operating in the financial services, food and beverage, technology, health care, and insurance verticals were responsible for nearly half of all total risk events observed. “We