Security News
Three different organizations in the U.S. were targeted in August 2024 by a North Korean state-sponsored threat actor called Andariel as part of a likely financially motivated attack. "While the...
Access to account info needed to tackle benefit fraud, latest bill claims Privacy campaigners are criticizing UK proposals to force banks to share data from the accounts of government benefit...
Bank customers in the Central Asia region have been targeted by a new strain of Android malware codenamed Ajina.Banker since at least November 2024 with the goal of harvesting financial...
As financial technology offers advancements and innovations, it also brings along new risks for financial crimes. Recognizing terms and ideas related to financial crime can help businesses enforce...
Cybersecurity researchers have discovered a new Android banking trojan called BlankBot targeting Turkish users with an aim to steal financial information. Discovered on July 24, 2024, BlankBot is said to be undergoing active development, with the malware abusing Android's accessibility services permissions to obtain full control over the infected devices.
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, 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.
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.
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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."