Security News

The number of spam calls, the number of people losing money to them and the total amount of money lost In the past year are all record setting. A study of U.S. residents has found that one in three say they've fallen victim to a phone scam in the past year, and 19% say they've been duped more than once.

In May 2019, KrebsOnSecurity broke the news that the website of mortgage settlement giant First American Financial Corp. [NYSE:FAF] was leaking more than 800 million documents - many containing sensitive financial data - related to real estate transactions dating back 16 years. According to data from the American Land Title Association, First American is the second largest mortgage title and settlement company in the United States, handling nearly a quarter of all closings each year.

American Express Services Europe has been fined £90,000 by a U.K. regulator, which found the company illegally blasted out 4 million marketing emails to customers who had opted out of receiving them. Amex claimed the emails weren't marketing messages, but service communications, which are allowed under U.K. information privacy regulations.

CNA Financial, the US insurance conglomerate, has apparently paid $40m to ransomware operators to gets its files back. All CNA systems are now back up and running though it appears that the company didn't manage this themselves and instead coughed up a widely reported $40m to the extortionists for the means to decrypt the scrambled files.

American Express has been fined 0.009 per cent of its annual profits by the Information Commissioner's Office after spamming people who opted out of its marketing emails with 4.1 million unwanted messages. "Between 1 June 2018 and 21 May 2019, 4,098,841 of those emails were marketing emails, designed to encourage customers to make purchases on their cards which would benefit Amex financially. It was a deliberate action for financial gain by the organisation. Amex also did not review its marketing model following customer complaints," said the ICO in a statement.

A financially motivated cybercrime gang has unleashed a previously undocumented banking trojan, which can steal credentials from customers of 70 banks located in various European and South American countries. The campaign consists of multiple moving parts, chief among them being the ability to trick users into entering two-factor authentication codes in fake pop-up windows that are then sent to the attackers, as well as its reliance on social engineering lures to convince visitors of banking websites into downloading a malicious smartphone app.

A researcher is claiming that the credit scores of almost every American were exposed through an API tool used by the Experian credit bureau, that he said was left open on a lender site without even basic security protections. Demirkapi was surprised and decided to take a peek at the code, which showed that an connection to an Experian API was behind the tool, he said.

Big-three consumer credit bureau Experian just fixed a weakness with a partner website that let anyone look up the credit score of tens of millions of Americans just by supplying their name and mailing address, KrebsOnSecurity has learned. Peering at the code behind this lookup page, he was able to see it invoked an Experian Application Programming Interface or API - a capability that allows lenders to automate queries for FICO credit scores from the credit bureau.

Researchers on Tuesday revealed details of a new banking trojan targeting corporate users in Brazil at least since 2019 across various sectors such as engineering, healthcare, retail, manufacturing, finance, transportation, and government. "These pop-ups contain fake forms, aiming to trick the malware's victims into entering their banking credentials and personal information that the malware captures and exfiltrates to its servers," ESET researchers Facundo Muñoz and Matías Porolli said in a write-up.

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