- Cybersecurity for satellites is a growing challenge, as threats to space-based infrastructure grow
February 20, 2024
In today’s interconnected world, space technology forms the backbone of our global communication, navigation and security systems. Satellites orbiting Earth are pivotal for everything from GPS navigation to international banking transactions, making them indispensable assets in our daily lives and in global infrastructure. However, as our dependency on these celestial guardians escalates, so too does their ...
- ALPHV ransomware says it was behind attacks on loanDepot, Prudential Financial
February 19, 2024
The infamous ALPHV ransomware operator (also known as BlackCat) has added two companies to its data leak site – Prudential Financial, and loanDepot, in a seeming admission it was behind the attacks on both companies. So far, the group has only added the names to its site, with the actual data not yet available. Apparently, the ...
- Banks refund less than 10% of money stolen by cyber scammers – Bank of Russia’s Chief
February 15, 2024
Russian banks manage to refund less than 10% of the money cyber scammers steal from citizens’ accounts, head of the Bank of Russia, Elvira Nabiullina, said at the Cybersecurity in Finance forum. “Of course, we see that the share of refunds to people who were victims of cyber fraud has increased. But the exact figures – ...
- Prudential reveals it was hit by data breach
February 14, 2024
Hackers were able to break into one of the largest life insurance companies in the United States and stole sensitive employee and contractor data. Prudential Financial has filed an 8-K form with the U.S. Securities and Exchange Commission (SEC) detailing the attack, according to a report. As per the filing, unnamed threat actors accessed the networks ...
- State of Emergency: How Minnesota hospitals, state officials prepare for cyber attacks
February 13, 2024
The State of Minnesota stores and protects data on some six million residents, and that’s only one cache of sensitive information under the close watch of Minnesota IT Services (MNIT). “It’s everything from highways and highway traffic control systems, we run the zoo. We run everything in between,” John Israel, chief information security officer at MNIT, ...
- Bank Of America Warns Customers Of Data Breach Following 2023 Hack
February 13, 2024
A November 2023 breach at IT consulting and service provider Infosys McCamish Systems has now been confirmed to have led to a data breach impacting Bank of America customers. The number of Bank of America customers impacted by the breach, including personally identifiable information such as social security numbers, account numbers, date of birth and addresses, ...
- Coyote: A multi-stage banking Trojan abusing the Squirrel installer
February 8, 2024
The developers of banking Trojan malware are constantly looking for inventive ways to distribute theirs implants and infect victims. In a recent investigation, Kaspersky researchers encountered a new malware that specifically targets users of more than 60 banking institutions, mainly from Brazil. What caught their attention was the sophisticated infection chain that makes use of various ...
- Every tenth Russian faced cybercriminals in 2023 – Bank of Russia
February 7, 2024
Every tenth Russian respondent experienced cybercrime, with losses not exceeding 20,000 rubles (around $220), according to the published results of a survey conducted by the Bank of Russia in 2023. “Last year, there were more people who faced cybercriminals, with every tenth person becoming a victim. Typically, the loss was less than 20,000 rubles. Victims usually ...
- Oman sees surge in cyber crimes
February 5, 2024
The Public Prosecution in Oman has revealed that there were 140 cases of cybercrime in 2023, compared to 126 in 2022 while cases related to online content increased to 2,686 in 2023 from 2,519 in 2022. These cases included misusing financial cards, attempting, assisting, or agreeing to commit information technology fraud. Cases involving a violation of ...
- The dangers of unused bank accounts and how to close them
January 26, 2024
If you’re like most people, you’ve likely got at least a few unused bank accounts floating around. However, there may be financial and security dangers associated with keeping these unused bank accounts active. Security risks of unused bank accounts Fraud exposure: Unused bank accounts can become targets for fraud. Closing these accounts minimizes the risk. Avoidance of fees: ...
- Billion-dollar financial giant EquiLend hit by cyberattack
January 25, 2024
EquiLend, a global financial technology, data and analytics firm, suffered a cyberattack – possibly ransomware – that forced parts of its digital infrastructure offline. In a press release, EquiLend said that on January 22, 2024, its technicians identified a “technical issue that placed portions of our system offline.” Following an investigation, the company identified a cybersecurity ...
- Mexican Banks and Cryptocurrency Platforms Targeted With AllaKore RAT
January 24, 2024
A financially motivated threat actor is targeting Mexican banks and cryptocurrency trading entities with custom packaged installers delivering a modified version of AllaKore RAT – an open-source remote access tool. Lures use Mexican Social Security Institute (IMSS) naming schemas and links to legitimate, benign documents during the installation process. The AllaKore RAT payload is heavily modified ...
- Australia: Russian man Aleksandr Ermakov has been sanctioned over the Medibank data breach
January 23, 2024
The Australian government has used Magnitsky-style sanctions for the first time to punish Russian man Aleksandr Ermakov over what it says is his role in the 2022 Medibank Private data breach. Foreign Minister Penny Wong, Home Affairs Minister Clare O’Neil and Deputy Prime Minister Richard Marles made the announcement on Tuesday morning. But what exactly are ...
- LoanDepot outage drags into second week after ransomware attack
January 19, 2024
LoanDepot customers say they have been unable to make mortgage payments or access their online accounts following a suspected ransomware attack on the company last week. The mortgage and loan giant said on January 8 that it was working to “restore normal business operations as quickly as possible” following a security incident that involved the “encryption ...
- JPMorgan spends $15 billion a year on technology, given the risk of a data breach
January 17, 2024
JPMorgan Chase’s banking systems are attacked by hackers 45 billion a day, double what it saw a year earlier. The nation’s largest bank spends $15 billion a year on technology, given the risk of a data breach and the potentially devastating consequences of a successful cyber attack, Mary Callahan Erdoes, chief executive of the bank’s Asset ...
- Financial Fraud APK Campaign
January 12, 2024
During Unit 42 ivestigation discovering threats in legitimate network traffic, activity generated by a certain type of Android Package Kit (APK) files kept hitting their radar. The research revealed a family of malicious APKs targeting Chinese users that steals victim information and conducts financial fraud. To do this, the threat actor masquerades as a law enforcement ...
- Australia: The Iconic denies responsibility for data breach
January 10, 2024
The Iconic has denied responsibility for a series of data breaches that saw Aussies’ bank balances drained of thousands of dollars after their accounts with the retailer were compromised. Earlier this week, news.com.au revealed customers at Australia’s largest online retailer had reported a large number of hacking attempts and security breaches, with bad actors successfully compromising ...
- Fidelity National Financial says hackers stole data on 1.3 million customers
January 9, 2024
Real estate services giant Fidelity National Financial (FNF) has confirmed hackers stole data on 1.3 million of its customers during a November cyberattack that knocked the company offline for a week. FNF said in a filing Tuesday with federal regulators: “We determined that an unauthorized third-party accessed certain FNF systems, deployed a type of malware that ...
- ECB to conduct mock cyber attacks at 109 banks
January 3, 2024
The European Central Bank (ECB) will stress test 109 banks over the next twelve months to see if they are adequately prepared for cyber attacks. The banks’ response and recovery capabilities will be prioritized, not the potential to prevent incidents. The 109 banks in question are all under the direct supervision of the ECB. The stress ...
- ‘Lazy’ broadband engineers blamed for exposing hospitals and banks to cyber attacks
January 2, 2024
Hospitals and banks are more exposed to cyber attacks because “lazy” broadband engineers are failing to fill in crucial forms, it has been alleged. Industry sources warned of a “Wild West” among contractors who are not handing over information about when and where they are working on BT’s network. Read more… Source: MSN News