Security Affairs

DECEMBER 26, 2023

The recent cyber-attacks by an Iranian-backed cybercriminal group on a water utility in Aliquippa , Pennsylvania by targeting an Israeli-made SCADA system exemplify incidents teetering on the edge of cyberterrorism and cybercrime.

Cyber threats 122

Cyber threats Energy and Utilities Artificial Intelligence Cyber Attacks 122

Krebs on Security

APRIL 28, 2020

The request for the last four of the customer’s credit card number was consistent with my own testing, which relied upon on a caller ID spoofing service advertised in the cybercrime underground and aimed at a Citi account controlled by this author. A screen shot from an underground store selling CVV records. Click to enlarge.

Scams 359

Scams Banking Accountability Financial Services 359

SecureWorld News

FEBRUARY 15, 2024

Cybersecurity experts say this latest breach underscores risks in the interconnected financial sector, especially regarding third-party vendor management. "As Strengthening oversight and implementing stringent security protocols for third-party partnerships are imperative to mitigate such risks."

Banking 95

Banking Financial Services Data breaches Threat Detection 95

Security Affairs

DECEMBER 17, 2023

CISA and ENISA enhance their Cooperation CISA adds Qlik bugs to exploited vulnerabilities catalog Report: 2.6

Data breaches 86

Data breaches Cybercrime Firewall Artificial Intelligence 86

Security Affairs

OCTOBER 29, 2021

“The government and the people of Papua New Guinea can be assured that the government financial services will continue as usual,” Pundari said. SecurityAffairs – hacking, cybercrime). The government was not able to pay cheques and ordinary operations were impacted. Follow me on Twitter: @securityaffairs and Facebook.

Ransomware 88

Ransomware Government Financial Services Cybercrime 88

SecureWorld News

MAY 30, 2023

In the recent SecureWorld Financial Services virtual conference , Mike Britton and Dan Sheiber of Abnormal Security joined Adam Pendleton, CISO of LendingPoint, to discuss ChatGPT's impressive capabilities. But it is powerful, and the danger lies with what can be done using the chatbot tool.

Artificial Intelligence 79

Artificial Intelligence CISO Social Engineering Financial Services 79

Security Affairs

OCTOBER 6, 2022

The database belonging to the company was leaked on a cybercrime forum. The authorities determined that data used in this criminal activity were from the 10,200 records stolen from the telecommunications giant last month.

Data breaches 79

Data breaches Scams Telecommunications Financial Services 79

Malwarebytes

NOVEMBER 11, 2021

Of course, we’re interested from a cybercrime point of view. Cybercrime. Cybercrime in this report includes the creation and spread of malware, hacking to steal sensitive personal or industry data, denial of service attacks to cause financial and/or reputational damage, and other criminal activities.

Cybercrime 99

Cybercrime Encryption Cryptocurrency Advertising 99

SC Magazine

FEBRUARY 2, 2021

A quasi-governmental entity in the United Kingdom is rolling out a new tool designed to boost fraud protections among open banking partners, offering an interesting lesson in risk management amid digital transformation. Banking legacy fraud detection systems will not be enough to effectively manage fraud risks in this new environment.”.

Digital transformation 73

Digital transformation Banking Risk Identity Theft 73

Security Affairs

MARCH 17, 2020

. “Whatever the intended purpose of this database was, over 500,000 highly sensitive and private legal and financial documents were exposed, compromising numerous parties to the risk of fraud and theft.” SecurityAffairs – financial documents, cybercrime). ” reads the post published by vpnMentor.

Banking 117

Banking Financial Services Advertising Cybercrime 117

SecureWorld News

APRIL 17, 2023

The policy may cover expenses such as forensic investigations, legal fees, and credit monitoring services, which can be costly without insurance coverage. Risk management: Cyber insurance policies often require a risk assessment, which can help an organization identify and address vulnerabilities and improve its cybersecurity posture.

Cyber Insurance 103

Cyber Insurance Insurance Risk CISO 103

SC Magazine

JULY 2, 2021

and a payments network operator, the Federal Reserve is also tasked with supervising technology service providers, and researching the design and inherent risk of payment systems. “In Such discoveries would no doubt prove useful to the financial services community at large.

Financial Services 71

Financial Services Banking Identity Theft Media 71

Security Affairs

MARCH 28, 2023

Australian loan giant Latitude Financial Services (Latitude) revealed that a data breach its has suffered impacted 14 million customers. The data breach suffered by Latitude Financial Services (Latitude) is much more serious than initially estimated. ” said Latitude Financial CEO Ahmed Fahour.

Data breaches 95

Data breaches Financial Services Passwords Hacking 95

Security Boulevard

DECEMBER 8, 2021

Fighting cybercrime has been an issue for businesses across all industries since the early 1980s. Criminals will find any way they can to insert themselves between transactions, especially if those transactions involve a large sum of money.

Cybercrime 105

Cybercrime Internet Internet Financial Services 105

SecureWorld News

SEPTEMBER 2, 2021

However, there are ways to mitigate the risks against BEC attacks for individuals and organizations. Since BEC attacks can happen so swiftly, it is imperative to act quickly—rapid-fire quick—when it is suspected a financial transaction could be compromised. Secret Service investigates all kinds of cybercrime, including ransomware.

Cybercrime 71

Cybercrime Accountability Financial Services Authentication 71

The Last Watchdog

SEPTEMBER 7, 2022

They could be on the other side of the globe, part of a cybercrime regime that will never be discovered, much less brought to justice. The technology industry has met the dramatic rise in ransomware and other cyber attacks with an impressive set of tools to help companies mitigate the risks. But the situation isn’t hopeless.

Ransomware 124

Ransomware Education Financial Services Phishing 124

Security Boulevard

JUNE 26, 2023

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. What Are Data Breaches?

Data breaches 52

Data breaches Healthcare Telecommunications Financial Services 52

SecureWorld News

JUNE 13, 2023

Critical Start today released its biannual Cyber Intelligence Report, featuring the top threats observed in the first half of 2023 and emerging cybersecurity trends impacting the healthcare, financial services, and state and local government industries.

Cyber threats 71

Cyber threats Malware Phishing Penetration Testing 71

Security Affairs

DECEMBER 4, 2018

The medical industry faces an exceptional risk for cyberattacks because there are so many players involved in the sector. Nonprofits typically focus their efforts on causes that improve society at large, at-risk groups and others in need. Plus, cybercrime problems could take websites offline or cause reputational damage.

Retail 94

Retail Cybercrime Data breaches Banking 94

IT Security Guru

APRIL 15, 2021

Using Outpost24’s attack surface discovery tool called Scout, Outpost24 was able to analyse each Credit Union’s public-facing web security environments against the seven most common attack vectors used by hackers during reconnaissance, to ascertain a risk score that is measured 1-100.

Retail 56

Retail Financial Services Authentication Cybercrime 56

Security Boulevard

AUGUST 3, 2021

Over time, members of a workforce at organizations accumulate access to systems and services they may need to do their job, execute a project or interact with their co-workers. We also can’t forget standing administrative privileges and service accounts used by systems, services, and things.

Ransomware 105

Ransomware Financial Services Accountability Retail 105

SC Magazine

JULY 14, 2021

A new Cybereason survey found that more than four out of five respondents from various business sectors – some 81% – said they are “highly” or “very concerned” about the risk of ransomware attacks. The FBI reported an increase of more than 225% in total losses from ransomware in the U.S. in 2020 alone.

Ransomware 98

Ransomware Cyber Insurance Financial Services Retail 98

The Last Watchdog

JUNE 17, 2020

based application security vendor, today is launching a new solution, called API Sentinel, designed to help companies jump in and start proactively mitigating API risks, without necessarily having to slow down their innovation steam engine. OFX is the financial service industry’s standard for transferring funds,” he says.

Digital transformation 178

Digital transformation Internet Internet Hacking 178

SecureWorld News

APRIL 4, 2022

According to a report from McAfee Enterprise and FireEye titled, "Cybercrime in a Pandemic World: The Impact of COVID-19," 81% of global organizations have experienced increased cyberthreats, and 79% experienced downtime from an attack during a peak season. These industries often store sensitive data that hackers want to get their hands on.

Ransomware 82

Ransomware Digital transformation Phishing Small Business 82

CyberSecurity Insiders

APRIL 30, 2021

Combating Ransomware – A Comprehensive Framework for Action provides 48 practical recommendations to curb the rampant spread of this increasingly destructive type of cybercrime. Ransomware is an international cybercrime that is multiplying in frequency and severity.

Ransomware 52

Ransomware Government Cyber Insurance Cybercrime 52

SC Magazine

MAY 1, 2021

Cedric Leighton is founder and president of Cedric Leighton Associates, a strategic risk and leadership management consultancy. Since founding Cedric Leighton Associates, he has become an internationally known strategic risk expert. Leighton is also a founding partner of CYFORIX, specializing in the field of cyber risk.

Computers and Electronics 126

Computers and Electronics Technology Education Information Security 126

Cisco Security

JANUARY 10, 2023

As the majority of the global Covid fog finally started lifting in 2022, other events – and their associated risks – started to fill the headspace of C-level execs the world over. So, security will need to focus on supporting the introduction of flexibility and the ease of user experience, such as passwordless or risk-based authentication.

CISO 133

CISO Insurance Cyber Insurance Phishing 133

Security Affairs

MARCH 19, 2022

. “AvosLocker is a Ransomware as a Service (RaaS) affiliate-based group that has targeted victims across multiple critical infrastructure sectors in the United States including, but not limited to, the Financial Services, Critical Manufacturing, and Government Facilities sectors. ransomware and phishing scams).

Ransomware 105

Ransomware DDOS Passwords Backups 105

SC Magazine

MAY 14, 2021

Its platform approaches this through two components: risk classification of traffic – or classifying good and bad actors – and “adaptive friction,” which the company describes as ruining attackers’ ROI through interactive authentication challenges that simultaneously allow legitimate users to pass with ease. . “As

Financial Services 59

Financial Services Media Marketing Technology 59

SecureList

FEBRUARY 23, 2022

We look at phishing threats commonly encountered by users and companies as well as the prevalence of various Windows and Android-based financial malware. The term is also used to describe malware seeking access to financial organizations’ IT infrastructures. Financial Phishing. financial services company, Wells Fargo.

Banking 110

Banking Phishing Cryptocurrency Malware 110

Herjavec Group

AUGUST 2, 2021

Herjavec Group’s award-winning Managed Security Services Practice defends global, enterprise-level organizations from increasingly sophisticated, targeted cybercrime threats. Prior to joining Herjavec Group Adam was a partner in Deloitte’s Cyber Risk Services, contributing to the development of the Cyber Intelligence Center.

InfoSec 52

InfoSec Cybersecurity Computers and Electronics Marketing 52

SC Magazine

JULY 13, 2021

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

Phishing 87

Phishing Identity Theft Social Engineering Technology 87

eSecurity Planet

FEBRUARY 16, 2021

Below we outline 18 industry tips for actions you can take to reduce your risk of a ransomware attack: Action. The next three actions: prioritize assets and evaluate traffic, microsegmentation, and adaptive monitoring are central steps of the zero trust architecture and greatly reduce your risks of an attack. Description.

Ransomware 97

Ransomware Backups Software Encryption 97

SecureList

MARCH 29, 2023

We look at phishing threats commonly encountered by users and companies, as well as the dynamics of various Windows and Android-based financial malware. Methodology For this report, we conducted a comprehensive analysis of financial cyber threats in 2022. In 2022, 36.3%

Banking 81

Banking Phishing Cryptocurrency Mobile 81

SecureList

NOVEMBER 23, 2022

The risk of being scammed runs even higher. That is why we constantly monitor the landscape of shopping-related cyberthreats and protect users from these risks. Every year, we see how fraudsters step up their activities amid the sales season by exploiting the names of popular stores, retail platforms and financial services.

Phishing 112

Phishing Banking Scams Retail 112

Krebs on Security

DECEMBER 14, 2023

That reporting was based on clues from an early Russian cybercrime forum in which a hacker named Rescator — using the same profile image that Rescator was known to use on other forums — claimed to have originally been known as “Helkern,” the nickname chosen by the administrator of a cybercrime forum called Darklife.

Cybercrime 232

Cybercrime Accountability Advertising Computers and Electronics 232

CyberSecurity Insiders

FEBRUARY 3, 2022

A sample of key insights from the report include: SAR filing rises: The continued volatility of the financial crime landscape, alongside the rapid rise in new technologies and payment methods, was reflected in the 2021 survey. As the tide of new financial services is on the rise, so is money laundering and related crimes.

Unstructured Data 59

Unstructured Data Risk Cybercrime Banking 59