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:
- FBI: Ranzy Locker ransomware hit at least 30 US companies this year
October 26, 2021
The FBI said on Monday that Ranzy Locker ransomware operators had compromised at least 30 US companies this year from various industry sectors. “Unknown cyber criminals using Ranzy Locker ransomware had compromised more than 30 US businesses as of July 2021,” the FBI said in a TLP: WHITE flash alert. “The victims include the construction subsector of ...
- What To Expect in a Ransomware Negotiation
October 26, 2021
We all know the risk of a ransomware attack. Headlines of the latest victims might haunt the dreams of chief information security officers (CISOs) and security operations centers (SOCs) due to the multi-extortion models used by modern ransomware groups. We wanted to get a better understanding of what victims go through during the aftermath and recovery ...
- Money launderers for Russian hacking groups arrested in Ukraine
October 26, 2021
The Ukrainian cybercrime police force has arrested members of a group of money launderers and hackers at the request of U.S. intelligence services. In a press release by Ukraine’s SSU, law enforcement says the individuals engaged in large-scale international operations where they laundered tens of millions of USD for various hacking groups. To engage with their “clients,” ...
- Millions of Android Users Scammed in SMS Fraud Driven by Tik-Tok Ads
October 26, 2021
Threat actors are using malicious Android apps to scam users into signing up for a bogus premium SMS subscription service, which results in big charges accruing on their phone bills. Jakub Vavra from the threat operations team of security firm Avast uncovered the campaign, which he dubbed UltimaSMS because one of the first apps he discovered ...
- Almost 100 Organizations in Brazil Targeted with Banking Trojan
October 26, 2021
Up to 100 organizations in Brazil have been targeted with a banking Trojan since approximately late August 2021, with the most recent activity seen in early October. This campaign appears to be a continuation of activity that was published about by researchers at ESET in 2020. The attackers appeared to be undeterred by exposure and Symantec, ...
- Ransomware has proliferated because it’s ‘largely uncontested’, says GCHQ boss
October 26, 2021
If you’ve wondered why ransomware has proliferated in recent years, it’s because until recently it has remained unchallenged, according to Sir Jeremy Fleming, director of British signals intelligence agency GCHQ. “We’ve seen twice as many attacks this year as last year in the UK – but the reason it is proliferating is because it works,” ...

