Over the past year, threats on financial institutions have exceeded all the previous records. This has not only affected businesses but also their customers as sensitive data are at risk. click here to read...
The Alaska Department of Health and Social Services (DHSS) has warned that a “highly sophisticated” cyber-attack may have exposed residents’ personal data, including financial information. click here to read full Article Read more on...
Trend Micro discovered an ongoing spam campaign by the APT-C-36 group that sends phishing emails to various entities in South America and delivers commodity RATs. Apart from potential financial gains, the group’s motives are...
Sophos, the UK security vendor, polled 550 IT decision-makers in mid-sized financial sector firms around the globe to compile its State of Ransomware in Financial Services 2021 report. click here to read full Article...
McAfee Mobile Malware Research Team has identified malware targeting Mexico. It poses as a security banking tool or as a bank application designed to report an out-of-service ATM. click here to read full Article...
There are dozens of ways that threat actors profit off of their victims. The most attractive feature of cryptocurrency for hackers is likely the permanence: when money is sent, you cannot get it back....
AnaCap, a specialist mid-market private equity investor in technology-enabled financial services, today announces a majority investment in WebID, a leading German digital identification provider. click here to read full Article Read more on computer...
Yoroi’s Malware ZLAB unit first discovered a complete new malware implant named “JsOutProx” (TH-264), a complex JavaScript-based RAT used to attack financial institutions in the APAC area in 2019. click here to read full...
Atlas VPN analyzed financial hacks over the last two-and-a-half years and found that DeFi hacks represent 76% of all major hacks for the first half of 2021 as compared to 25% of the total...
The recent ransomware attack that disrupted Scripps Health’s IT systems and patient care for nearly a month has so far cost the San Diego-based organization nearly $113 million, including $91.6 million in lost revenue....
The warning, issued by the FBI and the SEC’s Office of Investor Education and Advocacy (OIEA) last week comes on the heels of a similar warning via FINRA about the rise in imposter websites....
A Vade report revealed that there has been a major jump in phishing attacks since the start of the year with a 281 percent spike in May and another 284 percent increase in June....
Reliance on a handful of third parties can lead to a single failure point with possible adverse outcomes for financial firms. Moreover, this concentration risk has reportedly increased during the pandemic era. click here...
The Interpol (International Criminal Police Organisation) has intercepted $83 million belonging to victims of online financial crime from being transferred to the accounts of their attackers. click here to read full Article Read More...
In 2020, there were 193 billion credential stuffing attacks globally, with 3.4 billion hitting financial services organizations specifically – an increase of more than 45% YOY in the sector. click here to read full...
U.S. insurance giant CNA Financial reportedly paid $40 million to a ransomware gang to recover access to its systems following an attack in March, making it one the most expensive ransoms paid to date....
