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The Role of Secrets Management in Securing Financial Services

Thales Cloud Protection & Licensing

The Role of Secrets Management in Securing Financial Services madhav Tue, 11/05/2024 - 04:30 Secrets management is one of the top DevOps challenges. Let’s look at the role of secrets management for financial services. Why is secrets management crucial for financial services?

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Japan ’s FSA warns of unauthorized trades via stolen credentials from fake security firms’ sites

Security Affairs

Japan s Financial Services Agency (FSA) warns of hundreds of millions in unauthorized trades linked to hacked brokerage accounts. Japan s Financial Services Agency (FSA) reported that the damage caused by unauthorized access to and transactions on internet trading services is increasing.

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The Rise of One-Time Password Interception Bots

Krebs on Security

In February, KrebsOnSecurity wrote about a novel cybercrime service that helped attackers intercept the one-time passwords (OTPs) that many websites require as a second authentication factor in addition to passwords. An ad for the OTP interception service/bot “SMSRanger.”

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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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Medusa ransomware gang claims the hack of Toyota Financial Services

Security Affairs

Toyota Financial Services discloses unauthorized activity on systems after the Medusa ransomware gang claimed to have hacked the company. Toyota Financial Services confirmed the discovery of unauthorized activity on systems in a limited number of its locations. The company has yet to disclose a data breach.

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Threat actor says Interbank refused to pay the ransom after a two-week negotiation

Security Affairs

Interbank , formally the Banco Internacional del Perú Service Holding S.A.A. is a leading Peruvian provider of financial services has over 2 million customers. Alleged stolen data includes personal info, credit card details, CVVs, passwords, and API credentials. TB of company data related to 3 million customers.

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African multinational telco giant MTN Group disclosed a data breach

Security Affairs

The company disclosed a data breach that exposed subscribers’ personal information, it added that the incident did not impact core network, billing system,s and financial services infrastructure. Our core network, billing systems and financial services infrastructure remain secure and fully operational.”