Digital Guardian

JULY 13, 2021

The NYDFS has issued guidance for financial services companies on how to reduce the risk of ransomware attacks - like having a capable endpoint threat detection and response (EDR) solution in place.

Financial Services 98

Financial Services Ransomware Threat Detection Risk 98

Tech Republic Security

MARCH 21, 2022

The AvosLocker Ransomware as a Service (RaaS) group has targeted critical infrastructure sectors in the US, such as financial services, manufacturing and government facilities, the FBI said. The post FBI warns of cyberattacks using AvosLocker ransomware appeared first on TechRepublic.

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Ransomware Financial Services Manufacturing Government 167

Thales Cloud Protection & Licensing

NOVEMBER 13, 2023

Defending Financial Services Against Fraud in a Shifting Cyber Landscape sparsh Tue, 11/14/2023 - 05:05 As we approach International Fraud Awareness Week during 12-18 November 2023, taking stock of the evolving threat landscape and the vulnerabilities that financial services organizations face is crucial.

Financial Services 104

Financial Services Encryption Cybercrime Threat Reports 104

Tech Republic Security

JUNE 10, 2020

The automaker's customer service and financial services are unavailable as it deals with an attack that experts believe is ransomware.

Financial Services 214

Financial Services Ransomware 214

Security Affairs

APRIL 26, 2025

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.”

Data breaches 102

Data breaches Telecommunications Financial Services Mobile 102

The Hacker News

SEPTEMBER 2, 2024

Threat actors linked to the RansomHub ransomware group encrypted and exfiltrated data from at least 210 victims since its inception in February 2024, the U.S. government said.

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Ransomware Financial Services Healthcare Government 139

Graham Cluley

MARCH 23, 2022

AvosLocker is a ransomware-as-a-service (RaaS) gang which first appeared in mid-2021. It has since become notorious for its attacks targeting critical infrastructure in the United States, including the sectors of financial services, critical manufacturing, and government facilities.

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Ransomware Financial Services Manufacturing Government 143

Digital Shadows

DECEMBER 9, 2021

The post Latin American Financial Services: Sunny Climes and Cybercrimes first appeared on Digital Shadows. Few things make my eyes sparkle like talking about Latin America. Back in 2018, I had the privilege of being.

Financial Services 83

Financial Services Cybercrime Banking Ransomware 83

The State of Security

FEBRUARY 24, 2022

Global supply chains are bearing the brunt of ransomware attacks, according to a new report that finds manufacturing was the most targeted industry during 2021. The post Manufacturing was the top industry targeted by ransomware last year appeared first on The State of Security.

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Manufacturing Ransomware Financial Services Insurance 130

Security Affairs

JUNE 5, 2021

Cyble researchers investigated a recent attack on an India-based IT firm that was hit by the BlackCocaine Ransomware gang. Recently Cyber researchers for Cyble investigated an attack suffered by on May 30, 2021, by Nucleus Software, an India-based IT company in the Banking and Financial Services sector. Pierluigi Paganini.

Ransomware 145

Ransomware Malware Encryption Financial Services 145

Security Affairs

SEPTEMBER 5, 2021

Pacific City Bank was hit by AVOS Locker Ransomware operators, the gang claims to have stolen sensitive file from the company and threatens to leak it. Pacific City Bank is an American community bank that focuses on the Korean-American community based in California and offers commercial banking services. Pierluigi Paganini.

Banking 136

Banking Ransomware Financial Services Hacking 136

Bleeping Computer

NOVEMBER 16, 2023

Toyota Financial Services (TFS) has confirmed that it detected unauthorized access on some of its systems in Europe and Africa after Medusa ransomware claimed an attack on the company. [.]

Ransomware 125

Ransomware Financial Services 125

Security Affairs

OCTOBER 14, 2020

G7 Finance ministers expressed concern on Tuesday over the rise in ransomware attacks during the Covid-19 pandemic, including some involving cryptocurrencies. G7 Finance ministers warn of ransomware attacks that have been growing in scale, sophistication, and frequency over the past two years. ” continues the statement.

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Ransomware Cryptocurrency Financial Services Banking 134

Security Affairs

AUGUST 31, 2021

Recently emerged LockFile ransomware family LockFile leverages a novel technique called intermittent encryption to speed up encryption. LockFile ransomware gang started its operations last month, recently it was spotted targeting Microsoft Exchange servers using the recently disclosed ProxyShell vulnerabilities.

Encryption 143

Encryption Ransomware Financial Services Antivirus 143

The Last Watchdog

FEBRUARY 11, 2025

In Q3-Q4 2024, the financial services sector experienced a significant increase, accounting for 26% of all DDoS attacks, up from 12% in the previous period. Another explanation is that attackers may be shifting their focus towards other high-value sectors, such as financial services, which saw a 117% increase in the number of attacks.

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DDOS Financial Services Technology Accountability 130

Malwarebytes

MAY 31, 2023

A series of security errors and mishaps has cost personal loan provider OneMain $4.25m in penalties, issued by the New York State department of financial services. Malwarebytes EDR and MDR removes all remnants of ransomware and prevents you from getting reinfected. Want to learn more about how we can help protect your business?

Financial Services 98

Financial Services Passwords Risk Software 98

Krebs on Security

FEBRUARY 17, 2021

million in August 2020 from a financial services company based in New York. million from two different cryptocurrency exchanges used by the hackers, money that investigators say will be returned to the New York financial services firm. billion from banks and other victims worldwide. Investigators with the DOJ, U.S.

Cryptocurrency 353

Cryptocurrency Financial Services Banking Government 353

Security Boulevard

JUNE 23, 2021

Ransomware has become an industry unto itself, crippling organizations around the world. Others can go undetected for longer periods of time, allowing ransomware operators to exploit networks for days or even weeks before the breach is discovered. Ransomware-As-A-Service (RaaS): A Lucrative Business Model. .

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Ransomware Financial Services Malware Software 130

Security Affairs

DECEMBER 15, 2023

Resecurity has uncovered a meaningful link between three major ransomware groups, BianLian, White Rabbit, and Mario Ransomware. Resecurity’s HUNTER (HUMINT) unit spotted the BianLian , White Rabbit , and Mario ransomware gangs collaborating in a joint extortion campaign targeting publicly-traded financial services firms.

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Ransomware Financial Services Cyber Attacks Passwords 137

Thales Cloud Protection & Licensing

OCTOBER 24, 2024

New Cybersecurity Rules for Financial Institutions in New York State Take Effect November 1, 2024 madhav Fri, 10/25/2024 - 06:09 The next major deadline for compliance with the updated cybersecurity rules from the New York State Department of Financial Services (NYDFS) is November 1, 2024.

Financial Services 62

Financial Services Cybersecurity CISO Backups 62

Security Affairs

NOVEMBER 10, 2023

The Industrial and Commercial Bank of China (ICBC) suffered a ransomware attack that disrupted trades in the US Treasury market. The Industrial and Commercial Bank of China (ICBC) announced it has contained a ransomware attack that disrupted the U.S. ” reported the Financial Times. ” reported the Financial Times.

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Banking Ransomware Marketing Financial Services 128

CyberSecurity Insiders

MARCH 17, 2023

After Rubrik, Hitachi Energy issued a public statement that some of its customer accounts might have been compromised, after a ransomware attack took place on a third-party software called Fortra GoAnywhere MFT. Thus, Hitachi is the second company after Rubrik, that was hit by Clop ransomware.

Software 136

Software Ransomware Data breaches Financial Services 136

Schneier on Security

JANUARY 31, 2024

The rules would ensure people can obtain their own financial data at no cost, control who it’s shared with and choose who they do business with in the financial industry. The best way for financial services firms to meet the CFPB’s rules would be to apply the decoupling principle broadly.

Banking 321

Banking Financial Services Marketing Data privacy 321

Security Affairs

DECEMBER 22, 2023

The Akira ransomware group announced it had breached the network of Nissan Australia, the Australian branch of the car maker giant. The Akira ransomware gang claimed to have breached Nissan Australia and to have stolen around 100GB of files from the carmaker giant. “We’ve obtained 100 GB of data of Nissan Australia.

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Ransomware Data breaches Financial Services Scams 141

Security Affairs

AUGUST 21, 2021

A new ransomware gang named LockFile targets Microsoft Exchange servers exploiting the recently disclosed ProxyShell vulnerabilities. A new ransomware gang named LockFile targets Microsoft Exchange servers using the recently disclosed ProxyShell vulnerabilities. “The LockFile ransomware was first observed on the network of a U.S.

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Ransomware Hacking Financial Services Encryption 143

Security Boulevard

JANUARY 26, 2023

The post New Ransomware Payment Reporting Requirements on Horizon appeared first on Security Boulevard. The post New Ransomware Payment Reporting Requirements on Horizon appeared first on Security Boulevard.

Ransomware 96

Ransomware Financial Services Cryptocurrency Cybersecurity 96

Security Boulevard

MARCH 16, 2022

In the old, in the with new: The financial cyber threat landscape In our latest report, we detail seven primary cyber threats that organizations across the financial services sector will face in 2022. Some of them, such as ransomware, are not new but nevertheless remain a serious threat.

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Financial Services Cyber threats Ransomware 64

Krebs on Security

AUGUST 13, 2021

.” Tom Robinson , co-founder of blockchain intelligence firm Elliptic , said Antinalysis is designed to help crypto money launderers test whether their funds will be identified as proceeds of crime by regulated financial exchanges. “To date, this type of analysis has been used primarily by regulated financial service providers.”

Cryptocurrency 348

Cryptocurrency Marketing Financial Services Ransomware 348

Security Affairs

DECEMBER 4, 2023

The LockBit ransomware attack on the Industrial & Commercial Bank of China demonstrates the weakness of global financial system to cyberattacks. The ransomware breach that crippled U.S. on November 8 has laid bare the vulnerability of the global financial system to cyberattacks. trillion under management.

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Ransomware Banking Financial Services Marketing 138

CyberSecurity Insiders

JULY 11, 2022

A Financial service offering company to healthcare industry has admitted that a ransomware attack on its data firm could have led to a data breach affecting over 600 healthcare establishments. The second news is related to BlackCat Ransomware, which has doubled up its ransom demand in recent times.

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Ransomware Healthcare Data breaches Financial Services 114

Security Affairs

JULY 6, 2020

Systems at Xchanging, a subsidiary of Global IT services and solutions provider DXC Technology was hit by ransomware over the weekend. Global IT services and solutions provider DXC Technology disclosed a ransomware attack that infected systems at its Xchanging subsidiary. Securities and Exchange Commission (SEC).

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Ransomware Insurance Financial Services Technology 118

Security Affairs

OCTOBER 29, 2021

A ransomware attack hit Papua New Guinea ‘s finance ministry and disrupted government payments and operations. Government officials confirmed that Papua New Guinea’s finance ministry was hit by a ransomware attack that disrupted government payments and operations. Follow me on Twitter: @securityaffairs and Facebook.

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Ransomware Government Financial Services Cybercrime 123

Adam Levin

NOVEMBER 13, 2018

The American business and financial services company Moody’s will start factoring risk of getting hacked into their credit ratings for companies. This is to enhance our thinking about credit as cyber becomes more and more important,” said Derek Valda, head of Moody’s Investors Services Cyber Risk Group.

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Cyber Risk Risk Financial Services Manufacturing 203

SecureWorld News

NOVEMBER 2, 2023

The global rise of ransomware attacks over the last several years has become an urgent concern, as cybercriminals relentlessly target organizations and individuals, demanding exorbitant ransoms for the release of vital encrypted data. By refusing to pay ransoms, the coalition aims to degrade the lucrative ransomware ecosystem.

Ransomware 109

Ransomware Financial Services Healthcare Cyber threats 109

Thales Cloud Protection & Licensing

AUGUST 31, 2022

Financial services continue to lead in cybersecurity preparedness, but chinks appear in the armor. It highlights the leadership of financial services in cybersecurity relative to other industries, but it also uncovers some surprising chinks in their cybersecurity armor. Malware and ransomware attacks increase.

Financial Services 62

Financial Services Cybersecurity Computers and Electronics Banking 62

Security Affairs

MAY 9, 2025

.” In April 2025, the South African multinational telecommunications company MTN Group Limited disclosed a data breach that exposed subscribers personal information, it added that the incident did not impact the core network, billing systems and financial services infrastructure. The gang claimed the theft of 2 TB of data.

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Cyber Attacks Data breaches Telecommunications Financial Services 109

SecureWorld News

DECEMBER 5, 2024

The financial sector's growing dependence on AI for cybersecurity The financial services sector is a prime target for cybercriminals, given the high value of data and money in circulation. The financial sector would do well to take heed; this is the future of cybersecurity, and it is arriving faster than many anticipated.

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Cybersecurity Threat Detection Financial Services Cyber threats 113