Tag: finance
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Aurascape Banks Hefty $50 Million to Mitigate ‘Shadow AI’ Risks
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in SecurityNewsSilicon Valley startup secures big investment from Menlo Ventures and Mayfield Fund to solve the “shadow AI” security problem. The post Aurascape Banks Hefty $50 Million to Mitigate ‘Shadow AI’ Risks appeared first on SecurityWeek. First seen on securityweek.com Jump to article: www.securityweek.com/aurascape-banks-hefty-50-million-to-mitigate-shadow-ai-risks/
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Over 26,000 Dark Web Discussions Focused on Hacking Financial Organizations
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in SecurityNews
Tags: cyber, cyberattack, cybercrime, cybersecurity, dark-web, finance, hacker, hacking, service, strategy, threat, tool, vulnerabilityRadware’s comprehensive research into the cybersecurity landscape has uncovered significant trends shaping the financial services industry’s vulnerabilities in 2024. The analysis, conducted across 46 deep-web hacker forums, identified over 26,000 threat actors’ discussions that revealed increasingly sophisticated cyberattack methods. The study highlights the adoption of advanced tools and strategies by cybercriminals, underscoring the urgent need…
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Over £18m stolen from Santander UK customers in first three months of year
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in SecurityNewsBank’s latest quarterly report on scams said over £18m was stolen from its UK customers by scammers First seen on computerweekly.com Jump to article: www.computerweekly.com/news/366622214/Over-18m-stolen-from-Santander-UK-customers-in-first-three-months-of-year
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10 things you should include in your AI policy
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in SecurityNews
Tags: access, ai, best-practice, breach, business, ceo, ciso, compliance, cybersecurity, data, data-breach, finance, framework, gartner, GDPR, governance, incident response, insurance, law, monitoring, privacy, regulation, risk, software, strategy, switch, technology, tool, training, updateInput from all stakeholders: At Aflac, the security team took the initial lead on developing the company’s AI policy. But AI is not just a security concern. “And it’s not just a legal concern,” Ladner says. “It’s not just a privacy concern. It’s not just a compliance concern. You need to bring all the stakeholders…
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Planungskommission in Louisiana, USA verliert 88.000 Dollar durch Identitätsbetrug
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in SecurityNewsAudit of Financial Statements First seen on static1.squarespace.com Jump to article: static1.squarespace.com/static/6526a2cd1822263deb066af4/t/67dc5582be4f6c3c34a0f16c/1742493059325/062024+Capital+Region+Planning+Commission+AFS.pdf
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Phishing, fraud, and the financial sector’s crisis of trust
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in SecurityNewsThe financial sector is under growing pressure from advanced phishing attacks and fraud, causing major financial losses and eroding customer trust. Escalation of phishing … First seen on helpnetsecurity.com Jump to article: www.helpnetsecurity.com/2025/04/08/financial-sector-customer-trust/
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The Convergence of IAM, Cybersecurity, Fraud and Compliance
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in SecurityNewsGartner’s Pete Redshaw on Why the CISO or CRO Should Take the Lead. Cybersecurity, IAM, fraud and compliance will converge across financial institutions in the next five to six years. This transformation will follow a phased path, beginning with data integration, followed by tool alignment and eventually team restructuring. First seen on govinfosecurity.com Jump to…
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Dental Practice Support Firm Notifying 173,400 of Email Hack
Breach Affects Pediatric, Orthodontic and Dental Surgery Practices in 6 States. A Nashville, Tennessee firm that provides HR and finance services to dozens of specialty dental practices across six states is notifying more than 173,400 people of a 2024 email hacking incident affecting children and other patients. The company already faces several lawsuits related to…
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How Trump’s tariffs are shaking up the cybersecurity sector
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in SecurityNews
Tags: antivirus, ceo, china, cisa, country, cyber, cyberattack, cybersecurity, defense, finance, government, Hardware, infrastructure, microsoft, network, service, supply-chain, technology, threat, vulnerabilityCustomer cutbacks and increased costs are major concerns: In addition to the macroeconomic fears and worries over retaliatory measures, US cybersecurity companies are vulnerable to losing revenue under the new tariffs as customers reduce their cybersecurity budgets to cope with their own tariff-induced financial pressures.”What’s happening is that people are looking at cybersecurity through the…
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Lazarus Adds New Malicious npm Using Hexadecimal String Encoding to Evade Detection Systems
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in SecurityNewsNorth Korean state-sponsored threat actors associated with the Lazarus Group have intensified their Contagious Interview campaign by deploying novel malicious npm packages leveraging hexadecimal string encoding to bypass detection mechanisms. These packages deliver BeaverTail infostealers and remote access trojan (RAT) loaders, targeting developers to exfiltrate credentials, financial data, and cryptocurrency wallets. SecurityScorecard researchers identified 11…
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Ransomware bei einer Bank im Senegal
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in SecurityNewsCyberattaque à la BHS : Une rançon d’un million de dollars et des failles critiques dans d’autres banques, Guy M. Sagna alerte le ministre des Finances First seen on senenews.com Jump to article: www.senenews.com/actualites/cyberattaque-a-la-bhs-une-rancon-dun-million-de-dollars-et-des-failles-critiques-dans-dautres-banques-guy-m-sagna-alerte-le-ministre-des-finances_535228.html
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Smart Strategies for Managing Machine Identities
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in SecurityNewsWhy is Smart Machine Identity Management Crucial? What comes to your mind when you think about cybersecurity? Most often, we conceptualize cybersecurity as a measure to protect user data, financial information, and other forms of human-associated identities. While these are certainly significant, there is an underlying and often underestimated area of cybersecurity the management… First…
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CaaStle CEO Commits a Major Fraud Faux Pas
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in SecurityNewsCEO Accused of Providing Misleading Revenue, Liquidity Numbers to Key Stakeholders. Financial statement fraud is once again making headlines. Fashion startup CaaStle has accused its co-founder and CEO, Christine Hunsicker, of serious financial misconduct, leading to her resignation. The incident could be one of the biggest cases of start-up fraud in recent years. First seen…
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Norway and Nordic financial sector ramps up cyber security
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in SecurityNewsFinans Norge sets up cyber security unit CTSU to support the finance sector in Norway amid increasing threats First seen on computerweekly.com Jump to article: www.computerweekly.com/news/366621703/Norway-and-Nordic-financial-sector-ramps-up-cyber-security
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Senators re-up bill to expand Secret Service’s financial cybercrime authorities
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in SecurityNewsThe bipartisan legislation would strengthen the agency’s authorities to investigate criminal activity tied to digital assets. First seen on cyberscoop.com Jump to article: cyberscoop.com/secret-service-financial-cybercrimes-senate-bill/
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ISMG Editors: Who Will Shore Up Trump’s Federal Cyber Cuts?
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in SecurityNewsAlso: 23andMe’s Privacy Meltdown, Investors’ $500M AI Bet on ReliaQuest. In this week’s update, ISMG editors discussed the Trump administration’s cybersecurity funding cuts and potential impact on state and local ransomware defense. 23andMe’s bankruptcy and the FTC’s stance on genetic data privacy, ReliaQuest’s $500 million raise and what it means for AI-led SecOps. First seen…
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Banks to share fraud data with tech firms in cross-sector collaboration
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in SecurityNewsUK banks join tech firms in fraud data-sharing initiative to enable collaboration on action to stop online scams First seen on computerweekly.com Jump to article: www.computerweekly.com/news/366622133/Banks-to-share-fraud-data-with-tech-firms-in-cross-sector-collaboration
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New Credit Card Skimming Campaign Uses Browser Extensions to Steal Financial Data
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in SecurityNewsA newly discovered credit card skimming campaign, dubbed >>RolandSkimmer,
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23andMe Bankruptcy: Should DNA Data Go to the Top Bidder?
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in SecurityNewsLawyer Jonathan Armstrong on Legal, Ethical Fallout From Looming 23andMe Auction. The financial collapse of personal genomics giant 23andMe raises an urgent question: What happens to your most intimate data when the company holding it goes bankrupt? Jonathan Armstrong, partner at Punter Southall Law, warns of cascading legal, ethical and security consequences. First seen on…
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What’s Ailing Faster Payments Adoption in the US?
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in SecurityNewsIncentives, Technology Barriers and Fraud Fears Hamper FedNow Growth. Economic hesitation, legacy concerns and escalating fraud fears have hampered the adoption of a payment rail touted as the next big thing in the U.S. payment landscape, with government backing and technological promise of clear benefits to consumers and the financial sector. First seen on govinfosecurity.com…
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Texas city warns thousands of utility payment site breach
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in SecurityNewsAt least 12,000 people in Texas had sensitive financial information stolen by hackers who secretly implanted malicious code into the utility payment website of the City of Lubbock. First seen on therecord.media Jump to article: therecord.media/texas-city-warns-thousands-of-utility-site-breach
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What’s Ailing Faster Payments Adoption in the U.S.?
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in SecurityNewsIncentives, Tech Barriers and Fraud Fears Hamper FedNow Growth. Economic hesitation, legacy concerns and escalating fraud fears have hampered the adoption of a payment rail touted as the next big thing in the U.S. payment landscape, with government backing and technological promise of clear benefits to consumers and the financial sector. First seen on govinfosecurity.com…
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New Phishing Campaign Targets Investors to Steal Login Credentials
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in SecurityNewsSymantec has recently identified a sophisticated phishing campaign targeting users of Monex Securities (マãƒãƒƒã‚¯ã‚¹è¨¼åˆ¸), a prominent online securities company in Japan formed through the merger of Monex, Inc. and Nikko Beans, Inc. The company provides individual investors with a range of financial services, making it an attractive target for cybercriminals. The phishing operation involves the…
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Oracle quietly admits data breach, days after lawsuit accused it of cover-up
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in SecurityNews
Tags: access, attack, authentication, breach, cloud, compliance, credentials, crime, cve, cybersecurity, data, data-breach, endpoint, exploit, finance, fraud, hacker, identity, infrastructure, intelligence, law, oracle, resilience, risk, service, strategy, supply-chain, technology, theft, threat, vulnerabilityLawsuit challenges Oracle’s response: The reports of Oracle’s acknowledgement of the breach come just days after the company was hit with a class action lawsuit over its handling of the security breach.The lawsuit specifically addresses a major security breach discovered in March that reportedly compromised 6 million records containing sensitive authentication-related data from Oracle Cloud…
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Emerging Risks Require IT/OT Collaboration to Secure Physical Systems
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in SecurityNewsWith an increase in cyber-physical attacks that can cause significant disruptions, financial fallout and safety concerns for victim organizations, Renee Guttmann and Marc Sachs discuss why IT and OT security teams cannot keep working in silos. First seen on darkreading.com Jump to article: www.darkreading.com/ics-ot-security/experts-discuss-current-and-emerging-ics-security-risks
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Sensitive Data Breached in Highline Schools Ransomware Incident
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in SecurityNewsHighline Public Schools revealed that sensitive personal, financial and medical data was accessed by ransomware attackers during the September 2024 incident First seen on infosecurity-magazine.com Jump to article: www.infosecurity-magazine.com/news/sensitive-data-highline-ransomware/