From Ransomware to Pig Butchering, Visa Report Shows Top Scams Impacting Consumers and Businesses Globally

Today, Visa released the Spring 2024 Edition of its Biannual Threats Report, which outlines the top payment threats impacting consumers and businesses around the world. The report points to increasingly organized, sophisticated threat actors targeting the most vulnerable point in Read More …

‘Glitch’ at Ethiopia’s biggest bank sees customers withdraw millions that isn’t theirs

Ethiopia’s largest bank is struggling to recoup millions of dollars after a glitch over the weekend allowed customers to withdraw unlimited funds, according to local media reports. More than $40 million was reportedly withdrawn from the state-owned Commercial Bank of Read More …

Experian Is Trying To Force WhatsApp To Hand Over User Data In An ‘Odd’ Court Battle

Experian, the $40 billion credit monitoring company, has asked a U.S. judge to force WhatsApp to provide users’ call and message records to aid it in fighting separate lawsuits, according to court records obtained by Forbes. In February, Experian sent Read More …

Cybercrime Atlas: International effort to disrupt cybercrime moves into operational phase

The Cybercrime Atlas, a massive undertaking that aims to disrupt cybercriminals across the globe, enters its operational phase in 2024, two years after organizers laid the groundwork at the RSA Conference.… Its members now include 20-plus law enforcement agencies, private-sector Read More …

FBI Report Reveals Americans Lost Staggering $3.94 Billion to Crypto Investment Scams in 2023

The surge in cryptocurrency scams in 2023, as reported by the FBI, underscores the growing prevalence of digital currency in online crime. With losses reaching $3.94 billion, a 53% increase from the previous year, these scams represent a significant portion Read More …

Jersey data breach leaks personal information

A data breach at Jersey’s Financial Services Commission has allowed access to non-public names and addresses. The organisation confirmed a “vulnerability” was detected in its Registry system on 23 January. It said the leak did not link any individuals to registered Read More …

Italy privacy watchdog fines Unicredit $3.1 million for data breach

Italy’s data protection authority has fined UniCredit, the country’s second-largest bank, 2.8 million euros ($3.1 million) for a data breach case in 2018 affecting thousands of customers and former customers, it said on Thursday. The bank responded that it would Read More …

Insurance giant Fidelity hit by data breach

Sensitive information belonging to tens of thousands of Fidelity Investments Life Insurance customers was stolen, reportedly thanks to a supply chain attack that happened in 2023. The insurance giant has filed a data breach notification with the Maine attorney general’s Read More …

Third-party breach leads to American Express customer data compromise

Payment card provider American Express Company is warning customers that their credit card details may have been exposed following a breach involving a third-party provider. The details were first revealed in a filing with the State of Massachusetts, with a Read More …

New Banking Trojan “CHAVECLOAK” Targets Brazil

FortiGuard Labs recently uncovered a threat actor employing a malicious PDF file to propagate the banking Trojan CHAVECLOAK. This intricate attack involves the PDF downloading a ZIP file and subsequently utilizing DLL side-loading techniques to execute the final malware. Notably, Read More …