Security News

Managing cyberattack fallout: Financial and operational damage
2024-07-12 04:00

In this Help Net Security, Ashley Harrington, Director of Cybersecurity at Aspida, discusses the impact of cyberattack on business operations and financial health. Beyond immediate disruptions and financial burdens, cyber incident can severely damage a company's reputation among customers and partners.

Prudential Financial now says 2.5 million impacted by data breach
2024-07-01 21:14

Prudential Financial, a global financial services company, has revealed that over 2.5 million people had their personal information compromised in a February data breach. According to an 8-K form filed with the U.S. Securities and Exchange Commission, Prudential detected the incident on February 5, one day after the attackers breached its systems and accessed administrative/user data and employee/contractor accounts.

ONNX phishing service targets Microsoft 365 accounts at financial firms
2024-06-18 20:28

A new phishing-as-a-service platform called ONNX Store is targeting Microsoft 365 accounts for employees at financial firms using QR codes in PDF attachments. Researchers at EclecticIQ who discovered the activity believe that ONNX is a rebranded version of the Caffeine phishing kit managed by the Arabic-speaking threat actor MRxC0DER. Mandiant discovered caffeine in October 2022, when the platform targeted Russian and Chinese platforms instead of Western services.

Uncle Sam ends financial support to orgs hurt by Change Healthcare attack
2024-06-18 13:15

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SEC requires financial institutions to notify customers of breaches within 30 days
2024-05-20 09:53

The Securities and Exchange Commission announced the adoption of amendments to Regulation S-P to modernize and enhance the rules that govern the treatment of consumers' nonpublic personal information by certain financial institutions."These amendments to Regulation S-P will make critical updates to a rule first adopted in 2000 and help protect the privacy of customers' financial data. The basic idea for covered firms is if you've got a breach, then you've got to notify. That's good for investors."

SEC: Financial orgs have 30 days to send data breach notifications
2024-05-17 16:13

The Securities and Exchange Commission has adopted amendments to Regulation S-P that require certain financial institutions to disclose data breach incidents to impacted individuals within 30 days of discovery. Notify affected individuals within 30 days if their sensitive information is, or is likely to be, accessed or used without authorization, detailing the incident, breached data, and protective measures taken.

It Costs How Much?!? The Financial Pitfalls of Cyberattacks on SMBs
2024-05-06 11:00

Cybercriminals are vipers. They’re like snakes in the grass, hiding behind their keyboards, waiting to strike. And if you're a small- and medium-sized business (SMB), your organization is the...

New Wave of JSOutProx Malware Targeting Financial Firms in APAC and MENA
2024-04-05 07:48

Financial organizations in the Asia-Pacific (APAC) and Middle East and North Africa (MENA) are being targeted by a new version of an "evolving threat" called JSOutProx. "JSOutProx is a...

Visa warns of new JSOutProx malware variant targeting financial orgs
2024-04-04 19:29

Visa is warning about a spike in detections for a new version of the JsOutProx malware targeting financial institutions and their customers. In a security alert from Visa's Payment Fraud Disruption unit seen by BleepingComputer and sent to card issuers, processors, and acquirers, Visa says they became aware of a new phishing campaign distributing the remote access trojan on March 27, 2024.

Vietnam-Based Hackers Steal Financial Data Across Asia with Malware
2024-04-04 15:42

A suspected Vietnamese-origin threat actor has been observed targeting victims in several Asian and Southeast Asian countries with malware designed to harvest valuable data since at least May...