- Federal Reserve “breached” data may actually belong to Evolve Bank
June 26, 2024
A shockwave went through the financial world when ransomware group LockBit claimed to have breached the US Federal Reserve, the central banking system of the United States. On LockBit’s dark web leak site, the group threatened to release over 30 TB of banking information containing Americans’ banking data if a ransom wasn’t paid by June 25. ...
- LockBit hackers claim to have cracked the US Federal Reserve
June 25, 2024
The LockBit cybercrime gang has claimed to have stolen an enormous database from the US Federal Reserve, which includes sensitive banking information about American citizens – but the claim is being met with suspicion. Earlier this week, the infamous ransomware operator added the Fed on its data leak site, saying it had acquired an archive containing ...
- Fictitious Law Firms Targeting Cryptocurrency Scam Victims Offering to Recover Funds
June 24, 2024
The Federal Bureau of Investigation (FBI) is issuing this announcement to inform the public of an emerging criminal tactic used to further defraud cryptocurrency scam victims. This PSA is an update to Alert Number I-081123-PSA, published on 08/11/2023, titled, “Increase in Companies Falsely Claiming an Ability to Recover Funds Lost in Cryptocurrency Investment Scams.” Using social ...
- Cinterion EHS5 3G UMTS/HSPA Module Research
June 13, 2024
Modems play an important role in enabling connectivity for a wide range of devices. This includes not only traditional mobile devices and household appliances, but also telecommunication systems in vehicles, ATMs and Automated Process Control Systems (APCS). When integrating the modem, many product developers do not think of protecting their device from a potential modem compromise. ...
- Quebec: Police arrest three in connection with massive Desjardins data breach
June 12, 2024
Laval police say they arrested three suspects Wednesday in connection to a massive data breach at Desjardins Group made public in 2019. The data breach at the Quebec-based credit union is thought to be one of the largest ever among Canadian financial institutions, affecting roughly 4.2 million people and 173,000 businesses. The leaked information includes names, ...
- Hundreds of Snowflake customer passwords found online are linked to info-stealing malware
June 5, 2024
Cloud data analysis company Snowflake is at the center of a recent spate of alleged data thefts, as its corporate customers scramble to understand if their stores of cloud data have been compromised. Snowflake helps some of the largest global corporations — including banks, healthcare providers and tech companies — store and analyze their vast amounts ...
- Chinese Nationals Plead Guilty To Cyber Crimes In Zambia
June 5, 2024
Twenty-two Chinese nationals have pleaded guilty to committing cyber-related crimes in Zambia. They are among 77 suspects arrested in April in connection with a “sophisticated internet fraud syndicate,” according to authorities. The operation targeted a Chinese-run company in Lusaka following a surge in internet fraud cases affecting people globally. The Chinese nationals are scheduled for sentencing ...
- Ukrainian intelligence’ hackers attack Russian government agencies and large companies
June 5, 2024
Hackers from the Main Intelligence Directorate (DIU) of Ukraine’s Ministry of Defense have attacked the electronic services of several Russian ministries and banking institutions, according to RBC-Ukraine source in the special services. According to Roskomnadzor (Federal Service for Supervision of Communications, Information Technology and Mass Media) , the disruption is allegedly linked to an accident in ...
- Inside The Box: Malware’s New Playground
June 3, 2024
Over the past few months, we have been monitoring the increasing abuse of BoxedApp products in the wild. BoxedApp products are commercial packers that provide advanced features such as Virtual Storage (Virtual File System, Virtual Registry), Virtual Processes, and a universal instrumentation system (WIN/NT API hooking). Even though BoxedApp has been commercially available for a while, ...
- Santander data breach: 30m account and credit card details up for sale on dark web
June 1, 2024
According to reports, Santander customer and staff data has been put up for sale on the dark web. The details relate to the data leak reported earlier in May. Data leaked included HR details for staff, 30m customers’ bank account details, and 28m credit card numbers. The bank, which is the eurozone’s second-largest lender, has around ...
- ABN Amro on alert as supplier hit by ransomware attack
May 28, 2024
ABN Amro is warning customers that their personal details may be at risk after a ransomware attack at one its supplier. The ransomware attack was inflicted on AddComm, which distributes documents and tokens physically and digitally to ABN Amro clients and employees. External cybersecurity experts are currently investigating exactly what data has been stolen at AddComm. Read ...
- Bank of Russia reports rising number of cyber attacks on financial infrastructure
May 23, 2024
The Bank of Russia reported an increase in the number of attacks on suppliers of various IT solutions used in the financial market, the regulator said in its report. “It is particularly noteworthy that attacks on third parties – suppliers of various IT solutions utilized in the financial market – have increased in frequency in 2023. ...
- Deepfake video conference sees criminals escape with US$25 million
May 20, 2024
In February, a multinational company’s finance team member in Hong Kong made headlines after he transmitted HK$200 million (US$25 million) to cybercriminals who pretended to be the chief financial officer and other colleagues, using deepfake technology, in what the worker thought was a legitimate video conference. Now it’s been revealed that it was UK engineering group ...
- Santander hit by data breach affecting customers and staff
May 14, 2024
Spanish bank Santander has said data managed by an external party was recently accessed without permission, affecting some of its clients and all of its current staff. “We recently became aware of an unauthorized access to a Santander database hosted by a third-party provider,” the bank said in a statement on Tuesday. Read more… Source: MSN News Sign up ...
- Financial cyberthreats in 2023
May 6, 2024
Money is what always attracts cybercriminals. A significant share of scam, phishing and malware attacks is about money. With trillions of dollars of digital payments made every year, it is no wonder that attackers target electronic wallets, online shopping accounts and other financial assets, inventing new techniques and reusing good old ones. Amid the current threat ...
- SoumniBot: the new Android banker’s unique techniques
April 17, 2024
The creators of widespread malware programs often employ various tools that hinder code detection and analysis, and Android malware is no exception. As an example of this, droppers, such as Badpack and Hqwar, designed for stealthily delivering Trojan bankers or spyware to smartphones, are very popular among malicious actors who attack mobile devices. That said, we ...
- IMF: Rising Cyber Threats Pose Serious Concerns for Financial Stability
April 9, 2024
Cyberattacks have more than doubled since the pandemic. While companies have historically suffered relatively modest direct losses from cyberattacks, some have experienced a much heavier toll. US credit reporting agency Equifax, for example, paid more than $1 billion in penalties after a major data breach in 2017 that affected about 150 million consumers. As we show ...
- Prudential Financial February incident exposed data of nearly 37K customers
April 2, 2024
Prudential Financial disclosed that 36,545 individuals had personal information stolen in an early February breach that was claimed by ALPHV/BlackCat, the group also responsible for the Change Healthcare ransomware attack. In a letter to consumers March 29, the large insurance company said the stolen personal data includes names, addresses, driver’s license numbers, and non-driver identification card ...
- Agenda Ransomware Propagates to vCenters and ESXi via Custom PowerShell Script
March 26, 2024
Since its discovery in 2022, the Agenda Ransomware group (also known as Qilin) has been active and in development. Agenda, which Trend Micro tracks as Water Galura, continues infecting victims globally with the US, Argentina, and Australia, and Thailand being among its top targets (based on the threat actor’s leak site data). Meanwhile the Agenda ransomware ...
- GM stops sharing driver data with brokers amid backlash
March 22, 2024
After public outcry, General Motors has decided to stop sharing driving data from its connected cars with data brokers. Last week, news broke that customers enrolled in GM’s OnStar Smart Driver app have had their data shared with LexisNexis and Verisk. Those data brokers in turn shared the information with insurance companies, resulting in some drivers ...