Remove Cybercrime Remove Financial Services Remove Identity Theft
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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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GUEST ESSAY: Massive NPD breach tells us its high time to replace SSNs as an authenticator

The Last Watchdog

This drives public awareness of the risks associated with identity theft. As a result, many people rush to protect themselves by subscribing to services that offer credit monitoring, identity theft protection, and fraud alerts. There is little doubt that high-profile breaches like this will persist.

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Infosys McCamish Systems data breach impacted over 6 million people

Security Affairs

IMS specializes in providing business process outsourcing (BPO) and information technology (IT) services specifically tailored for the insurance and financial services industries. Infosys McCamish Systems (IMS) revealed that the 2023 data breach following the LockBit ransomware attack impacted 6 million individuals.

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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.

Scams 360
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2024 Cybersecurity Laws & Regulations

eSecurity Planet

Computer Fraud & Abuse Act (CFAA) The Computer Fraud and Abuse Act (CFAA) addresses unauthorized access to computer systems and data, criminalizing hacking, identity theft, and fraud. The act also covers various forms of cybercrime, including malware distribution and data theft.

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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.