Security News
US bank and mortgage lender Flagstar has disclosed a data breach after the Clop ransomware gang hacked their Accellion file transfer server in January. On Friday, Flagstar Bank issued a security disclosure on their website and began emailing customers about a breach of their Accellion FTA server.
Account takeovers and online banking fraud are two types of attacks on the rise against financial institutions and their customers, says Feedzai. Amid the coronavirus pandemic, 2020 saw a quick and abrupt transition to digital banking and commerce, a boon for banks and customers alike.
In its' Mobile Malware Evolution 2020, Kaspersky documents the current mobile threat landscape and identifies 2021 mobile security trends. "We saw a decrease in the number of attacks in the first half of the year, which can be attributed to the confusion of the first months of the pandemic," wrote Victor Chebyshev, a mobile security researcher at Kaspersky and author of the report.
A hacking group called 'Hotarus Corp' has hacked Ecuador's Ministry of Finance and the country's largest bank, Banco Pichincha, where they claim to have stolen internal data. The ransomware gang first targeted Ecuador's Ministry of Finance, the Ministerio de Economía y Finanzas de Ecuador, where they deployed a PHP-based ransomware strain to encrypt a site hosting an online course.
TD Bank has recovered from a major IT systems outage today that prevented account holders from accessing their online bank accounts, use ATM, or check balances over the phone. The outage started at approximately 2 AM EST this morning and prevented TD Bank members from logging into their online accounts.
TD Bank has recovered from a major IT systems outage today that prevented account holders from accessing their online bank accounts, use ATM, or check balances over the phone. The outage started at approximately 2 AM EST this morning and prevented TD Bank members from logging into their online accounts.
Looking to take advantage of a growing global market for its bot protection technologies, PerimeterX has banked a new $57 million round of venture capital funding. PerimeterX said AllianceBernstein led the new capital raise, and was joined by new investors Stereo Capital, JS Capital and Golden Arc Capital.
Banks worry about business email compromise Spending more/significantly more on security is a 3-year trend. 86% of respondents from banks perceive business email compromise / authorized fraud to be the greatest risk to their business over the next 1-2 years.
Three suspected North Korean military intelligence hackers have been charged with, among other things, conspiring to loot more than $1.3bn from banks, ATMs, and cryptocurrency companies, according to an indictment unsealed by the US Department of Justice on Wednesday. Court documents, filed in the District Court in Los Angeles in December last year and now made public [PDF], claim Park Jin Hyok, 36, Jon Chang Hyok, 31, and Kim Il, 27, were hackers employed by the Reconnaissance General Bureau, a North Korean intelligence agency.
The U.S. Justice Department on Wednesday announced the indictment of three North Korean military intelligence officials linked to high-profile cyber-attacks that included the theft of $1.3 billion in money and crypto-currency from organizations around the world. The DOJ described the scope of the North Korean hacking operation as "Extensive and long-running".