Barclays customers continue to experience issues after major IT outage

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 Read More …

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

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 Read More …

Some London commuters may never be refunded after TfL cyber attack

Sadiq Khan has admitted victims of a Transport for London (TfL) cyber attack may never get their money back. Tens of thousands of Londoners are feared to have been left out of pocket after hackers gained access to the travel authority’s Read More …

Silent Skimmer Gets Loud (Again)

In late May 2024, Unit 42 researchers observed an adversary compromising multiple web servers to gain access to the environment of a multinational organization headquartered in North America. Based on overlaps in adversary infrastructure and tools, as well as tactics, Read More …

MoneyGram replaces CEO weeks after massive customer data breach

Money transfer giant MoneyGram has replaced its chief executive less than a month after confirming that hackers stole reams of customers’ personal information and transaction records in a data breach. In a statement Monday, MoneyGram said it appointed Anthony Soohoo 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 …

Cash App to award $15M to users in security breach settlement

Cash App users could get some cash sent to their bank accounts soon. In a settlement, the mobile payment service was ordered to pay out $15 million in damages. According to a class-action lawsuit obtained by USA TODAY, plaintiffs sued Read More …

Cyber Signals: Inside the growing risk of gift card fraud

Multifactor authentication Security operations In the ever-evolving landscape of cyberthreats, staying ahead of malicious actors is a constant challenge. Microsoft Threat Intelligence has observed that gift cards are attractive targets for fraud and social engineering practices. Unlike credit or debit Read More …

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 …