Tag: finance
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Yorozu Corporation Faces Cyberattack, Delays Financial Report Submission Amid Data Breaches
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in SecurityNewsYorozu Corporation, a major Japanese manufacturer of automotive components, announced that it would apply for an extension to the submission deadline for its semi-annual securities report due to the impact of a ransomware attack on its systems. First seen on thecyberexpress.com Jump to article: thecyberexpress.com/yorozu-corporation-cyberattack/
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Neue Phishing-Mail in Umlauf: Paypal-Konto angeblich gesperrt
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in SecurityNewsFirst seen on golem.de Jump to article: www.golem.de/news/bezahldienst-phisher-drohen-paypal-kunden-mit-gesperrten-konten-2410-190354.html
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FTC orders Marriott to pay $52M and enhance security practices
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in SecurityNewsThe Federal Trade Commission said an investigation revealed that poor security practices led to three data breaches at Marriott and Starwood hotels be… First seen on techtarget.com Jump to article: www.techtarget.com/searchsecurity/news/366613513/FTC-orders-Marriott-to-pay-52M-and-enhance-security-practices
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Ransomware attack leaks social security numbers of over 230,000 Comcast customers
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in SecurityNewsFinancial Business and Consumer Solutions (FBCS), a debt collection agency previously used by Comcast, was the subject of a ransomware attack in Febru… First seen on bitdefender.com Jump to article: www.bitdefender.com/en-us/blog/hotforsecurity/ransomware-attack-leaks-social-security-numbers-of-over-230-000-comcast-customers/
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Android Botnet ‘ToxicPanda’ Bashes Banks Across Europe, Latin America
Chinese-speaking adversaries are using a fresh Android banking Trojan to take over devices and initiate fraudulent money transfers from financial inst… First seen on darkreading.com Jump to article: www.darkreading.com/application-security/android-botnet-toxicpanda-bashes-banks-europe-latin-america
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Federal Reserve Bank of Atlanta’s Ria Aiken: Championing inclusion, opportunity
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in SecurityNews
Tags: financeFirst seen on scworld.com Jump to article: www.scworld.com/news/federal-reserve-bank-of-atlantas-ria-aiken-championing-inclusion-opportunity-in-cybersecurity
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How the Trump Administration May Reshape Security, Privacy
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in SecurityNewsAttorney Lisa Sotto on Anticipated Changes in Regulatory Focus at FTC and CISA. Donald Trump’s return to the White House with a renewed focus on deregulation may shift the priorities of federal agencies in enforcing data privacy and cybersecurity policy, said Lisa Sotto, partner at Hunton Andrews Kurth and chairperson of the DHS Data Privacy…
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Protecting Your Clients During the Holiday Season: A Guide for Family Offices
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in SecurityNewsThe holiday season is a time of joy and celebration, but it’s also a prime time for cybercriminals to target high-net-worth individuals. While family offices are constantly focused on protecting their clients’ financial assets and personal information year round, the holiday season is one where extra vigilance is needed as people often lower their guard……
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Exposed United Nations Database Left Sensitive Information Accessible Online
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in SecurityNewsMore than 115,000 files related to UN Women included detailed financial disclosures from organizations around the world, and personal details and test… First seen on wired.com Jump to article: www.wired.com/story/un-women-database-exposure/
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Moody’s Rating adds telecoms, airlines, utilities to highest risk category
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in SecurityNewsThe financial ratings service says industry digital reliance increases cyber risk. First seen on cyberscoop.com Jump to article: cyberscoop.com/moodys-rating-high-risk-telecom-aviation-power/
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Hot Topic breach: Has your credit card info been compromised?
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in SecurityNewsIf you’re wondering whether your personal and financial data has been compromised in the massive Hot Topic breach, you can use two separate online tools to check: Have I … First seen on helpnetsecurity.com Jump to article: www.helpnetsecurity.com/2024/11/12/hot-topic-breach/
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AI amplifies systemic risk to financial sector, says India’s Reserve Bank boss
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in SecurityNewsFirst seen on theregister.com Jump to article: www.theregister.com/2024/10/15/india_rbi_ai_risks/
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Evaluating your organization’s application risk management journey
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in SecurityNewsIn this Help Net Security interview, Chris Wysopal, Chief Security Evangelist at Veracode, discusses strategies for CISOs to quantify application risk in financial terms. … First seen on helpnetsecurity.com Jump to article: www.helpnetsecurity.com/2024/11/12/chris-wysopal-veracode-application-risk-management/
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The Hidden Costs of API Breaches: Quantifying the Long-Term Business Impact
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in SecurityNewsAPI attacks can be costly. Really costly. Obvious financial impacts like legal fines, stolen finances, and incident response budgets can run into the hundreds of millions. However, other hidden costs often compound the issue, especially if you’re not expecting them. This article will explore the obvious and hidden costs of API breaches, their long-term business…
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Cyberattack Cost Oil Giant Halliburton $35 Million
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in SecurityNewsIn its latest financial report, Halliburton said the recent cybersecurity incident has so far cost the company $35 million. The post Cyberattack Cost Oil Giant Halliburton $35 Million appeared first on SecurityWeek. First seen on securityweek.com Jump to article: www.securityweek.com/cyberattack-cost-oil-giant-halliburton-35-million/
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U.S. agency cautions employees to limit phone use due to Salt Typhoon hack of telco providers
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in SecurityNewsUS CFPB warns employees to avoid work-related mobile calls and texts following China-linked Salt Typhoon hack over security concerns. The US government’s Consumer Financial Protection Bureau (CFPB) advises employees to avoid using cellphones for work after China-linked APT group Salt Typhoon hackers breached major telecom providers. The Consumer Financial Protection Bureau (CFPB) is a U.S.…
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DDoS Attacks Targeting ISPs are Different Here’s How
ISPs face a few unique challenges and risks when it comes to DDoS attacks. Their size and complexity make them bigger targets for hackers, while their unique structural features require more tailored defenses. ISPs can be both direct targets of hackers and targets-by-association, as they host hundreds or thousands of customers large companies, banks,… First…
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It’s Award Season, Again
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in SecurityNews
Tags: ai, attack, ceo, control, cyber, cybersecurity, defense, detection, dns, finance, fraud, incident response, infrastructure, intelligence, mssp, resilience, service, threat, update, zero-trust -
ISMG Summit Highlights Growing Third-Party Vendor Threats
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in SecurityNewsFinancial Services Experts Call for Stronger Focus on Third-Party Risk Management. Financial services leaders and cybersecurity experts said at Information Security Media Group’s 2024 Financial Services Summit that third-party vendor security risks required the need for proactive, multi-layered security frameworks to combat the growing threat landscape. First seen on govinfosecurity.com Jump to article: www.govinfosecurity.com/ismg-summit-highlights-growing-third-party-vendor-threats-a-26772
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Preparing for DORA Amid Technical Controls Ambiguity
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in SecurityNewsThe European Union’s Digital Operational Resilience Act requires financial entities to focus on third-party risk, resilience, and testing. First seen on darkreading.com Jump to article: www.darkreading.com/cyber-risk/preparing-for-dora-amidst-technical-controls-ambiguity
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AI increases fraud risk, fintechs say
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in SecurityNewsFinancial firms monitor for fraud by looking for unusual activity, but an artificial intelligence model can be trained to transact like a real person…. First seen on cybersecuritydive.com Jump to article: www.cybersecuritydive.com/news/ai-fraud-risk-fintech/731898/
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Assessing Banking Product Risks to Improve KYC Programs
Trapets CEO Gabriella Bussien on Why Banks Need to Fine-Tune, Automate KYC Processes. KYC protocols traditionally focus on account-level verification, but examining KYC at the product level can help banks assess risk more accurately. Asking targeted questions based on product risk enables institutions to detect potential financial crimes, said Gabriella Bussien, CEO of Trapets. First…
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Microchip Technology reports $21.4M expense from August cyberattack
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in SecurityNewsThe chipmaker said the financial impact from the attack was immaterial and largely linked to unscheduled factory outages. First seen on cybersecuritydive.com Jump to article: www.cybersecuritydive.com/news/microchip-technology-cyberattack-financial-impact/732270/
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Microchip Technology Reports $21.4 Million Cost From Ransomware Attack
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in SecurityNewsMicrochip Technology’s latest financial report reveals the company’s expenses due to the recent cybersecurity incident. The post Microchip Technology… First seen on securityweek.com Jump to article: www.securityweek.com/microchip-technology-reports-21-4-million-cost-from-ransomware-attack/
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Android Banking Trojan ToxicPanda Targets Europe
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in SecurityNewsToxicPanda is a China-linked Android banking trojan spotted targeting over a dozen banks in Europe and Latin America. The post Android Banking Trojan ToxicPanda Targets Europe appeared first on SecurityWeek. First seen on securityweek.com Jump to article: www.securityweek.com/android-banking-trojan-toxicpanda-targets-europe/
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New York State Cybersecurity Regulations Now in Effect: What You Need to Know?
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in SecurityNewsAs of November 1, 2024, the new amendments to the New York State Department of Financial Services (NYDFS) Cybersecurity Regulations have officially come into play. These regulations are significant for… First seen on securityboulevard.com Jump to article: securityboulevard.com/2024/11/new-york-state-cybersecurity-regulations-now-in-effect-what-you-need-to-know/
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July 2024 ransomware attack on the City of Columbus impacted 500,000 people
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in SecurityNewsThe July 2024 ransomware attack that hit the City of Columbus, Ohio, exposed the personal and financial data of 500,000 individuals. On July 18, 2024,… First seen on securityaffairs.com Jump to article: securityaffairs.com/170568/data-breach/city-of-columbus-ransomware-attack-impacted-500000-people.html
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When Should You Prepare Your Java State for DORA Compliance? (Hint: NOW)
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in SecurityNewsFinancial services companies that are based in or do business in the European Union must achieve DORA compliance by January 25, 2025. First seen on securityboulevard.com Jump to article: securityboulevard.com/2024/11/when-should-you-prepare-your-java-state-for-dora-compliance-hint-now/
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LUNAR SPIDER Resurfaces: Financial Sector Targeted in Latest Malvertising Campaign
The EclecticIQ Threat Research Team recently unveiled a new malvertising campaign linked to the notorious LUNAR SPIDER group, a Russian-speaking, fina… First seen on securityonline.info Jump to article: securityonline.info/lunar-spider-resurfaces-financial-sector-targeted-in-latest-malvertising-campaign/