Security News
An ex-First Republic Bank cloud engineer was sentenced to two years in prison for causing more than $220,000 in damage to his former employer's computer network after allegedly using his company-issued laptop to watch pornography. Miklos Daniel Brody, 38, of San Francisco, pleaded guilty in April to two charges of violating the Computer Fraud and Abuse Act after obtaining information from and intentionally damaging a protected computer, and one charge of making false statements to a government agency.
An Android malware campaign targeting Iranian banks has expanded its capabilities and incorporated additional evasion tactics to fly under the radar. That's according to a new report from...
Android smartphone users in India are the target of a new malware campaign that employs social engineering lures to install fraudulent apps that are capable of harvesting sensitive data. “Using...
The state-owned Industrial and Commercial Bank of China, which is one of the largest banks in the world, has been hit by a ransomware attack that led to disrupted trades in the US Treasury market. "On November 8, 2023, U.S. Eastern Time, ICBC Financial Services experienced a ransomware attack that resulted in disruption to certain FS systems. Immediately upon discovering the incident, ICBC FS disconnected and isolated impacted systems to contain the incident," the bank said in their security incident notice.
China's largest bank, ICBC, was hit by ransomware that resulted in disruption of financial services systems on Thursday Beijing time, according to a notice on its website. "Immediately upon discovering the incident, ICBC FS disconnected and isolated impacted systems to contain the incident," said the bank's financial services division, which added that it was both investigating and progressing recovery efforts.
Image: Adrian Grycuk/CC BY-SA 3.0 PL. Update November 10, 06:49 EST: The Industrial & Commercial Bank of China confirmed its services were disrupted by a ransomware attack that impacted its systems on Wednesday, November 8. "On November 8, 2023, U.S. Eastern Time, ICBC Financial Services experienced a ransomware attack that resulted in disruption to certain FS systems. Immediately upon discovering the incident, ICBC FS disconnected and isolated impacted systems to contain the incident," said the bank.
Image: Adrian Grycuk/CC BY-SA 3.0 PL. The Industrial & Commercial Bank of China is restoring systems and services following a ransomware attack that disrupted the U.S. Treasury market, causing equities clearing issues."ICBC is currently unable to connect to DTCC/NSCC. This issue is impacting all of ICBC's clearing customers," says an emergency notice issued to equity traders and shared by security research group vx-underground.
The U.S. Federal Trade Commission has amended the Safeguards Rules, mandating that all non-banking financial institutions report data breach incidents within 30 days. "The addition of this disclosure requirement to the Safeguards Rule should provide companies with additional incentive to safeguard consumers' data."
Flagstar Bank is warning that over 800,000 US customers had their personal information stolen by cybercriminals due to a breach at a third-party service provider. A data breach notification sent to impacted customers explains that Flagstar was indirectly impacted by Fiserv, a vendor it uses for payment processing and mobile banking services.
Security researchers discovered a new campaign that distributes a new version of the Xenomorph malware to Android users in the United States, Canada, Spain, Italy, Portugal, and Belgium. In December 2022, the same analysts reported about a new malware distribution platform dubbed "Zombinder," which embedded the threat into legitimate Android apps' APK file.