The dangers of unused bank accounts and how to close them

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 Read More …

Billion-dollar financial giant EquiLend hit by cyberattack

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 Read More …

Mexican Banks and Cryptocurrency Platforms Targeted With AllaKore RAT

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 Read More …

Australia: Russian man Aleksandr Ermakov has been sanctioned over the Medibank data breach

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 Read More …

JPMorgan spends $15 billion a year on technology, given the risk of a data breach

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 Read More …

Financial Fraud APK Campaign

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 Read More …

Australia: The Iconic denies responsibility for data breach

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 Read More …

Fidelity National Financial says hackers stole data on 1.3 million customers

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: Read More …

ECB to conduct mock cyber attacks at 109 banks

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. Read More …