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.

DDOS

Security Affairs

MAY 17, 2025

Initially targeting telecoms for SIM swaps, they expanded to ransomware and broader sectors by 2023. Theyve targeted high-profile brands, possibly to boost notoriety, and often shift focus by sector, such as financial services and food industries. companies, shifting their focus across the Atlantic.

Retail

Hacker's King

OCTOBER 19, 2024

Data breaches, ransomware attacks, and phishing schemes have become common occurrences, affecting everything from small businesses to multinational corporations. The rise of ransomware, for instance, has resulted in widespread disruptions, forcing companies to invest heavily in cybersecurity solutions. trillion annually.

Cybersecurity

Digital Shadows

JANUARY 22, 2025

The One to Watch: RansomHub By H2 2024, RansomHub surpassed LockBit as the most active ransomware group targeting the finance and insurance sector, responsible for 15% of the 150 named victims in the industry. Use early detection tools like honeypots or CanaryTokens to counter attackers using tools like Nmap and Angry IP Scanner.

Insurance

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.

Cyber Attacks

Thales Cloud Protection & Licensing

AUGUST 11, 2025

To safeguard data against cyber threats such as breaches, ransomware, unauthorized access, and maintain compliance, organizations should implement robust data security measures. To meeting specific compliance requirements, organizations must manage sensitive data effectively.

Risk

Security Boulevard

JANUARY 24, 2025

And get the latest on ransomware trends; CIS Benchmarks; and data privacy. NCC Group, which has been tracking ransomware activity since 2021, said it tallied the most attacks ever during December, which is usually a quieter month for ransomware attacks. Check out tips for adopting AI securely from the World Economic Forum.

Banking

Centraleyes

MARCH 13, 2025

If you’re part of the financial services ecosystem hereor interact with businesses regulated by the New York State Department of Financial Servicesyouve likely come across the NYDFS Cybersecurity Regulation. New York, the city that never sleeps, is also the city that takes cybersecurity very seriously.

Cybersecurity

Thales Cloud Protection & Licensing

OCTOBER 16, 2024

In fact, according to the 2024 Thales Data Threat Report , more than 80% of organizations reported at least one breach in the last year, while ransomware attacks grew more frequent, with 28% of organizations reported experiencing an attack in 2024, compared to 22% in 2023. A host of threats continue to put enterprise data at risk.

DDOS

Security Boulevard

AUGUST 11, 2025

To safeguard data against cyber threats such as breaches, ransomware, unauthorized access, and maintain compliance, organizations should implement robust data security measures. To meeting specific compliance requirements, organizations must manage sensitive data effectively.

Risk

Centraleyes

MARCH 20, 2025

Lets explore some notable use cases: Incident Response: A multinational company faced a ransomware attack that encrypted a portion of its servers. Supply Chain Risk Monitoring: A financial services firm tracked vendor vulnerabilities through a visualization platform, flagging suppliers with outdated software.

Cyber Attacks

Zero Day

JUNE 22, 2025

You must also inform your bank or financial services provider so they can be on the lookout for suspicious and fraudulent transactions. How to stay protected     The majority of data breaches are financially motivated. Also:   FBI warns of public 'juice jacking' charging stations.

Passwords

Jane Frankland

JULY 22, 2025

For example: A financial services firm faces vastly different cyber threats than a healthcare provider—yet many large security firms offer identical solutions to both. Faster Response Times to Cyber Threats Smaller firms don’t have bureaucratic red tape, meaning they can adapt to threats immediately.

Risk

Webroot

OCTOBER 31, 2024

This year has seen ransomware groups adapt and innovate, pushing the boundaries of their malicious capabilities and evasiveness from law enforcement. The ransomware sector, in particular, has witnessed the emergence of “business models,” with ransomware-as-a-service (RaaS) dominating the scene.

Malware

Webroot

APRIL 22, 2025

Financial services industry: Banks, insurance companies and other financial organizations offer a wealth of opportunity for hackers who can use stolen bank account and credit card information for their own financial gain. In 2024, there were 14 data breaches involving 1 million or more healthcare records.

Data breaches

BH Consulting

JANUARY 17, 2025

According to SailPoint, the financial industry was the most targeted sector for data breaches in 2024. Close to 65 per cent of financial organisations said they experienced a ransomware incident, up from 34 per cent in 2021. DORA is designed to promote operational resilience within the EUs financial ecosystem.

Risk

Zero Day

JUNE 20, 2025

You must also inform your bank or financial services provider so they can be on the lookout for suspicious and fraudulent transactions. How to stay protected     The majority of data breaches are financially motivated. Also:   FBI warns of public 'juice jacking' charging stations.

Passwords

Security Boulevard

APRIL 15, 2025

This partnership empowers Wyo Support to provide clients with the highest level of security available, safeguarding sensitive data and infrastructures against sophisticated threats like phishing, ransomware, and data exfiltrationeven in cases of accidental clicks on phishing links. Who is Wyo Support?

Education

Security Affairs

JANUARY 26, 2025

President Donald Trump granted a “full and unconditional pardon” to Ross Ulbricht, Silk Road creator Pwn2Own Automotive 2025 Day 1: organizers awarded $382,750 for 16 zero-days Subaru Starlink flaw allowed experts to remotely hack cars Two ransomware groups abuse Microsofts Office 365 platform to gain access to target organizations Cloudflare (..)

DDOS

Zero Day

JULY 17, 2025

  And yet, counterintuitively, AI is also being deployed by financial services companies to prevent fraud. Even more (90%) agreed that unless their use of AI for fraud prevention increases in the coming years, their "financial losses will likely increase."

Artificial Intelligence

Zero Day

JULY 13, 2025

X Trending Amazon Prime Day is July 8 - 11: Here's what you need to know Best Prime Day deals overall 2025 Best Sam's Club tech deals 2025 Best Buy Black Friday in July deals 2025 Best Walmart tech deals 2025 Best Costco deals 2025 Best Prime Day tablet deals 2025 Best Prime Day laptop deals 2025 Best Prime Day TV deals 2025 Best Prime Day (..)

Artificial Intelligence

Krebs on Security

DECEMBER 10, 2020

Payment card processing giant TSYS suffered a ransomware attack earlier this month. TSYS provides payment processing services, merchant services and other payment solutions, including prepaid debit cards and payroll cards. In 2019, TSYS was acquired by financial services firm Global Payments Inc. NYSE:GPN ].

Ransomware

Security Affairs

NOVEMBER 17, 2023

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.

Financial Services

Security Affairs

DECEMBER 11, 2023

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.

Financial Services

Krebs on Security

DECEMBER 27, 2019

Synoptek , a California business that provides cloud hosting and IT management services to more than a thousand customer nationwide, suffered a ransomware attack this week that has disrupted operations for many of its clients, according to sources. A now-deleted Tweet from Synoptek on Dec.

Ransomware

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

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.

Ransomware

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

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

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.

Ransomware

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.

Ransomware

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

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

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.

Ransomware

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.

Manufacturing

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

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