Sri Lanka arrests over 230 Chinese in cybercrime raids

Sri Lankan police have arrested more than 230 Chinese men accused of targeting international banks in online scams, the foreign minister said on Tuesday (Oct 15), with help from security officials sent by Beijing. Vijitha Herath said police raids over Read More …

How did a ‘bank snooping’ scandal ensnare politicians in Italy?

Italian Prime Minister Giorgia Meloni is at the centre of a “snooping scandal” in which a bank branch employee at Italy’s biggest bank is alleged to have illegally accessed and “spied on” thousands of private accounts. A clerk at Banca Read More …

Over 77,000 customers’ personal information is exposed in Fidelity Investments data breach

Fidelity Investments reported in a filing with Maine’s attorney general that an unnamed third party accessed information from its systems using two recently established customer accounts. It did not say how the creation of two Fidelity customer accounts allowed access Read More …

EU Network and Information Security (NIS) Directive: Parliament adopts new law to strengthen EU-wide resilience

Rules requiring EU countries to meet stricter supervisory and enforcement measures and harmonise their sanctions were approved by MEPs on Thursday. The legislation, already agreed between MEPs and the Council in May, will set tighter cybersecurity obligations for risk management, reporting Read More …

MoneyGram data breach included Social Security numbers, government documents, bank and other sensitive data

MoneyGram is back online after a cybersecurity breach disrupted services and compromised personal information. Between September 20 and 22, an “unauthorized third party” accessed and acquired the personal data of certain MoneyGram customers, the company said, leaving users unable to Read More …

Zimbabwe faces alarming rise in cyber attacks amid bank hacking

Zimbabwe has witnessed a significant surge in cyber attacks in recent months, with local entities, including banks, falling victim to hacking, the country’s Minister of Information Communication Technology, Tatenda Mavetera has revealed. Mavetera said the threat is also a local Read More …

UK data watchdog investigating MoneyGram data breach

The U.K.’s data protection regulator has confirmed it’s investigating MoneyGram after receiving a data breach report from the U.S.-based money transfer giant. The U.K.’s Information Commissioner’s Office, which requires that organizations report data breaches within 72 hours of discovering the Read More …

Ransomware attacks increasingly target Vietnam’s financial sector

At a recent conference on digital finance, Le Van Tuan, Director of the Department of Information Security under the Ministry of Information and Communications, said finance is a sector with a high ranking in digital transformation, but at the same Read More …

Cyber threats continue to plague Philippine financial institutions

The financial industry remains a prime target for cyberattacks, despite the Bangko Sentral ng Pilipinas’ (BSP) new framework to enhance cyber resilience, a global cybersecurity and digital privacy company has warned. Kaspersky, a cybersecurity firm, reported that the finance sector Read More …

North Korean threat actor Citrine Sleet exploiting Chromium zero-day

On August 19, 2024, Microsoft identified a North Korean threat actor exploiting a zero-day vulnerability in Chromium, now identified as CVE-2024-7971, to gain remote code execution (RCE). Microsoft researchers assess with high confidence that the observed exploitation of CVE-2024-7971 can Read More …