Security News

New Zealand Central Bank Says Accellion Service at Heart of Cyberattack
2021-01-13 18:23

The Reserve Bank of New Zealand - Te Pūtea Matua - says Accellion's FTA file sharing service was involved in a security incident disclosed on Sunday. The malicious incident, the bank said, involved a service that stored commercially and personally sensitive information, but could not provide specific details on the type of data that might have been accessed.

New Zealand Reserve Bank breached using bug patched on Xmas Eve
2021-01-12 12:28

A recent data breach at the Reserve Bank of New Zealand, known as Te Pūtea Matua, was caused by attackers exploiting a critical vulnerability patched the same day. In a new advisory released yesterday, the Bank states that the attackers breached their Accellion FTA file sharing service.

New Zealand Reserve Bank suffers data breach via hacked storage partner
2021-01-10 15:43

The Reserve Bank of New Zealand, known as Te Pūtea Matua, has suffered a data breach after threat actors hacked a third-party hosting partner. The Reserve Bank is the central bank of New Zealand and is responsible for creating monetary policy to stabilize prices in the country.

New Zealand Central Bank Hit by Cyber Attack
2021-01-10 14:46

New Zealand's central bank said Sunday it was responding with urgency to a "Malicious" breach of one of its data systems, a third-party file sharing service that stored "Sensitive information". Reserve Bank of New Zealand governor Adrian Orr said the breach had been contained and the system was taken offline but it would take time to determine what information had been accessed.

Lacework Banks $525 Million as Cloud Security Market Heats Up
2021-01-07 15:52

Lacework, a five-year-old cybersecurity company that automates security across enterprise cloud deployments, has reached unicorn status with the closing of a $525 million round of Series D financing. The Silicon Valley company, which automates security across public and private cloud deployments, is now valued north of $1 billion.

SASE Provider iboss Banks $145 Million Equity Funding
2021-01-05 19:12

Cloud-delivered network security startup iboss on Tuesday announced the closing of a new $145 million financing deal to speed up growth in a lucrative market. Iboss, founded by twin brothers Paul and Peter Martini five years ago, previously banked $35 million in venture capital funding from Goldman Sachs.

Banner Bank appoints Janet Brown as Executive Vice President and CIO
2021-01-04 23:30

The Banner Bank executive leadership team announced that Janet Brown has joined the bank as Executive Vice President and Chief Information Officer. Brown is replacing Steve Rust who announced his retirement after more than 40 years in information technology, the last 15 years as CIO at Banner Bank.

Emulated mobile devices used to steal millions from US, EU banks
2020-12-16 12:26

Threat actors behind an ongoing worldwide mobile banking fraud campaign were able to steal millions from multiple US and EU banks, needing just a few days for each attack. While emulators are not malicious tools, the group behind this campaign used them for malicious purposes emulating compromised devices or setting up what looked like new devices picked up by the compromised accounts' owners.

Combating the virtual and physical threats banks face
2020-12-08 05:30

Today, banks must contend with near-constant cyber attacks from organized criminal gangs, as well as highly skilled and well-resourced threat actors working on behalf of nation-states. The cyber threats facing banks are exacerbated by a large and complex infrastructure that presents threat actors with an extensive attack surface, allowing them to strike network infrastructure and systems like SWIFT, employees, customers, and physical assets like ATMs. The extent of these threats demands a proactive and persistent security program.

Okta expands deployments for Canadian Western Bank, First National of Nebraska, and Nota
2020-12-04 00:00

Okta announced significant momentum in the financial services industry with new and expanded deployments for Canadian Western Bank, First National of Nebraska, and Nota, powered by M&T Bank. Following a successful rollout of the Okta Identity Cloud across its workforce, Canadian Western Bank decided to expand its deployment to include Okta Customer Identity and to support its goal of creating a consistent customer experience across all lines of business.