UBS bank reports data leak after attack on its external supplier


Zurich-based banking giant UBS Group has confirmed that company information was stolen during a cyberattack on one of its external suppliers, though it assured that no client data was compromised.

The bank said the breach was part of a larger cyber incident affecting multiple companies, including former UBS affiliate Chain IQ and Swiss private bank Pictet. “A cyber-attack at an external supplier has led to information about UBS and several other companies being stolen,” UBS said in a statement. “No client data has been affected. As soon as UBS became aware of the incident, it took swift and decisive action to avoid any impact on its operations.”

Read more…
Source: CNN News


Sign up for our Newsletter
The latest news and insights delivered right to your inbox.


Related:

  • Nvidia probes cyberattack on internal systems

    February 26, 2022

    Nvidia is probing what may be a ransomware infection that caused outages within its internal network. The malware is said to have taken hold in the past two days, knocking down email and developer systems. The GPU giant continues to investigate. In a statement, an Nvidia spokesperson told The Register on Friday: “Our business and commercial activities continue uninterrupted. ...

  • TrickBot malware operation shuts down, devs move to stealthier malware

    February 25, 2022

    The TrickBot malware operation has shut down after its core developers move to the Conti ransomware gang to focus development on the stealthy BazarBackdoor and Anchor malware families. TrickBot is a notorious Windows malware infection that has dominated the threat landscape since 2016. The malware is commonly installed via malicious phishing emails or other malware, and will ...

  • Ransomware groups and hacktivist collective are getting involved in the military conflict between Ukraine and Russia

    February 25, 2022

    Multiple ransomware groups and members of the hacktivist collective Anonymous announced this week that they are getting involved in the military conflict between Ukraine and Russia. On Thursday, members of Anonymous announced on Twitter that they would be launching attacks against the Russian government. The hacktivists defaced some local government websites in Russia and temporarily took ...

  • Financial cyberthreats in 2021

    February 23, 2022

    The year 2021 was eventful in terms of digital threats for organizations and individuals, and financial institutions were no exception. Throughout the past year, we have seen cybercriminals continue to actively target our users with tools and techniques that emerged due to the pandemic. Imperfections in the transition to remote/hybrid work continue to pose a ...

  • Billion-dollar logistics giant Expeditors struggling to recover from cyberattack

    February 22, 2022

    Logistics and freight forwarding giant Expeditors International announced a cyberattack on Sunday that crippled some of their operating systems and continues to slow their operations around the globe. The Seattle-based freight company, which brought in $10.1 billion in revenue last year, said they shut down most of their operating systems globally after discovering the cyberattack. “The situation ...

  • US to attack cyber criminals first, ask questions later – if it protects victims

    February 21, 2022

    The United States Department of Justice (DoJ) has revealed new policies that may see it undertake pre-emptive action against cyber threats. Revealed last week by deputy attorney general Lisa O. Monaco, in a speech at the Munich Cyber Security Conference, the policy will see prosecutors, agents and analysts assess “whether to use disruptive actions against cyber ...