Banking and Finance


  • Over 1.6 million customers now hit in massive insurance data breach

    April 17, 2025

    More than 1.6 million people are now thought to have been affected by the May 2024 cyberattack at Landmark Admin, twice as many as originally thought. The company confirmed the news in an updated report filed with the Office of the Maine Attorney General. “The forensic investigation determined that data was encrypted and exfiltrated from Landmark’s ...

  • Australian superannuation funds targeted in suspected cyber attacks

    April 3, 2025

    Multiple large superannuation funds have been targeted in suspected cyber attacks that led to some members losing several thousand dollars in retirements savings. Hostplus, Rest, AustralianSuper and Australian Retirement Trust are among the providers targeted. The attacks were discovered over the weekend, and follow rising reports of online security threats in Australia with a cyber ...

  • RolandSkimmer: Silent Credit Card Thief Uncovered

    April 2, 2025

    Web-based credit card skimming remains a widespread and persistent threat, known for its ability to adapt and evolve over time. FortiGuard Labs recently observed a sophisticated campaign dubbed “RolandSkimmer,” named after the unique string “Rol@and4You” found embedded in its payload. This threat actor targets users in Bulgaria and represents a new wave of credit card skimming ...

  • MoDiRAT Malware Uses Horus Protector to Target France

    March 25, 2025

    The SonicWall Capture Labs threat research team has identified a new development in the Horus Protector distributed infection chain. Recently, it has been targeting the French region with MoDiRAT, a malware notorious for stealing credit card and other victim information. During the infection process, it deploys the DarkCloud stealer; however, before exiting, the loader verifies if ...

  • Financial cyberthreats in 2024

    March 25, 2025

    As more and more financial transactions are conducted in digital form each year, financial threats comprise a large piece of the global cyberthreat landscape. That’s why Kaspersky researchers analyze the trends related to these threats and share an annual report highlighting the main dangers to corporate and consumer finances. This report contains key trends and statistics ...

  • Bank Of America Alerts Customers To Data Breach, Offers Identity Theft Protection For Affected Accounts

    March 11, 2025

    The Bank of America has alerted a small group of its customers about a data breach that may have exposed confidential information. The breach, which took place on December 30, was a result of improper handling of confidential documents by a third-party document destruction service provider. The breach could have potentially exposed sensitive data, including personal ...

  • Bank of Ireland to pay €350K over alleged data breach that saw woman stalked by her father

    March 5, 2025

    The High Court has ordered Bank of Ireland to pay a €350K settlement to a woman and her partner, who alleged her data was released to her estranged father, who then used it to find the couple abroad and stalk them. At the High Court today, Ms Justice Mary Rose Gearty was told the settlement, which ...

  • Crypto exchange Bybit says it fully replenished reserves after record $1.5 billion hack

    February 24, 2025

    Bybit said it replenished its reserves following a $1.5 billion hack last week, the largest in the history of the crypto industry. In less than 72 hours, Bybit pieced together hundreds of thousands of ether tokens through a mix of emergency loans and large deposits. While the rapid recovery restored the exchange’s balance and kept customer ...

  • North Korean Hackers Were Behind Crypto’s Largest ‘Theft of All Time’

    February 21, 2025

    Blockchain analytics firm Arkham Intelligence said North Korea’s Lazarus Group was behind Bybit’s $1.46 billion hack. In an earlier post on social media platform X, Arkham offered a bounty of 50,000 ARKM tokens for anyone who could identify the attackers for Friday’s hack. Later, the platform said onchain sleuth ZachXBT submitted “definitive proof” that the attackers ...

  • Finastra Notifies Customers of Data Breach

    February 19, 2025

    British financial technology firm Finastra has notified customers impacted by a data breach that occurred over three months ago. Between October 31 and November 8, 2024, an unauthorized third party accessed the company’s secure file transfer platform (SFTP), used to share files with customers. Although the breach was detected on November 7, and the company acknowledged ...

  • Argentine judge investigates fraud case against President Milei over crypto promotion

    February 18, 2025

    A judge in Argentina was selected Monday to investigate allegations of fraud against President Javier Milei for his brief promotion of a cryptocurrency whose value collapsed within hours of its launch last week. Milei distanced himself from the scandal and said he acted in good faith. Milei and his office denied involvement with creators of the ...

  • 50,000 electronic attacks countered daily by UAE Cybersecurity Council

    February 17, 2025

    Dr. Mohammed Hamad Al Kuwaiti, Chairman of the UAE Cybersecurity Council, stated that the UAE possesses an advanced cybersecurity system capable of predicting and countering most electronic attacks before they occur. He noted that the average daily cyberattacks on key sectors exceeds 50,000, all of which are proactively deterred and mitigated. In statements to the Emirates ...

  • US, UK crack down on Russian bulletproof hosting service ZServers for LockBit partnership

    February 12, 2025

    Russia-based bulletproof hosting services provider (BPH) ZServers has been sanctioned by the United States, Australia, and the United Kingdom for its alleged involvement with the LockBit ransomware group. In a press release, the Australian Federal Police (AFP) said ZServers was providing services to threat actors responsible for the Medibank Private breach that happened in October 2022. ...

  • Funksec Ransomware Teams Up with Another Ransomware Group to Double Down on Targets

    February 3, 2025

    FunkSec is a relatively new but highly active ransomware group that, as of this writing, has targeted several dozen victims across industries like government, banking, communications, and education. In a recent blog post, the group announced a partnership with another ransomware outfit, FSociety, aiming to carry out attacks more efficiently. This week, SonicWall Capture Labs research ...

  • Barclays customers continue to experience issues after major IT outage

    January 31, 2025

    Barclays customers are continuing to experience intermittent errors with payments and transfers after serious IT problems that also affected the bank’s app and online banking. Customers have told the BBC it is preventing them making essential transactions, ranging from buying baby milk to completing a house move. Barclays says cards and cash machines can be used ...

  • Coyote Banking Trojan: A Stealthy Attack via LNK Files

    January 30, 2025

    Over the past month, FortiGuard Labs has identified several similar LNK files containing PowerShell commands designed to execute malicious scripts and connect to remote servers. These files are part of multi-stage operations that ultimately deliver the Coyote Banking Trojan. This malware primarily targets users in Brazil, seeking to harvest sensitive information from over 70 financial applications ...

  • DeepSeek has rattled the AI industry. Here’s a quick look at other Chinese AI models

    January 28, 2025

    The Chinese artificial intelligence firm DeepSeek has rattled markets with claims that its latest AI model, R1, performs on a par with those of OpenAI, despite using less advanced computer chips and consuming less energy. DeepSeek’s emergence has raised concerns that China may have overtaken the U.S. in the artificial intelligence race despite restrictions on its ...

  • 240,000 Credit Union Members Exposed

    December 20, 2024

    A recent data breach at SRP Federal Credit Union, based in South Carolina, has left over 240,000 members vulnerable to potential identity theft and financial fraud. Between Sept. 5 and Nov. 4, 2024, hackers accessed sensitive personal data, including Social Security numbers, driver’s license information, dates of birth and financial account details. The ransomware group Nitrogen ...

  • US consumer watchdog sues big banks over ‘widespread’ fraud on Zelle payment app

    December 20, 2024

    The U.S. Consumer Financial Protection Bureau said on Friday it filed a lawsuit against JPMorgan Chase, Bank of America and Wells Fargo for failing to protect consumers from alleged “widespread fraud” on payments platform Zelle. The lawsuit was initiated as the watchdog moves ahead with an aggressive agenda in the final weeks of Joe Biden’s Democratic ...

  • Lazarus group evolves its infection chain with old and new malware

    December 19, 2024

    Over the past few years, the Lazarus group has been distributing its malicious software by exploiting fake job opportunities targeting employees in various industries, including defense, aerospace, cryptocurrency, and other global sectors. This attack campaign is called the DeathNote campaign and is also referred to as “Operation DreamJob”. Kaspersky researchers have previously published the history of ...