SecureWorld News

NOVEMBER 14, 2023

On November 1, 2023, the New York Department of Financial Services (NYDFS) took a significant step toward strengthening cybersecurity defenses across the financial sector by finalizing amendments to Part 500 of its cybersecurity regulations.

Financial Services 100

Financial Services Cybersecurity CISO Risk 100

Krebs on Security

MAY 31, 2019

On May 24, KrebsOnSecurity broke the news that First American had just fixed a weakness in its Web site that exposed approximately 885 million documents — many of them with Social Security and bank account numbers — going back at least 16 years. No authentication was needed to access the digitized records.

Financial Services 233

Financial Services Insurance Banking Authentication 233

Security Affairs

JULY 31, 2024

BingoMod is a new Android malware that can wipe devices after stealing money from the victims’ bank accounts. Researchers at Cleafy discovered a new Android malware, called ‘BingoMod,’ that can wipe devices after successfully stealing money from the victims’ bank accounts.

Banking 144

Banking Accountability Malware Mobile 144

Krebs on Security

DECEMBER 13, 2022

Meanwhile, the hackers responsible are communicating directly with members through the InfraGard portal online — using a new account under the assumed identity of a financial industry CEO that was vetted by the FBI itself. Department of Defense. USDoD’s InfraGard sales thread on Breached.

Hacking 363

Hacking Energy and Utilities Cybercrime Accountability 363

eSecurity Planet

SEPTEMBER 30, 2021

Underground services are cropping up that are designed to enable bad actors to intercept one-time passwords (OTPs), which are widely used in two-factor authentication programs whose purpose is to better protect customers’ online accounts. By using the services, cybercriminals can gain access to victims’ accounts to steal money.

Authentication 112

Authentication Social Engineering Phishing Banking 112

eSecurity Planet

OCTOBER 5, 2021

Passwords are the most common authentication tool used by enterprises, yet they are notoriously insecure and easily hackable. At this point, multi-factor authentication (MFA) has permeated most applications, becoming a minimum safeguard against attacks. Jump to: What is multi-factor authentication? MFA can be hacked.

Authentication 104

Authentication Passwords Mobile Accountability 104

Thales Cloud Protection & Licensing

OCTOBER 14, 2024

2024 Thales Global Data Threat Report: Trends in Financial Services madhav Tue, 10/15/2024 - 05:17 Financial services (FinServ) firms are key players in the global economy. A lack of multifactor authentication (MFA) to protect privileged accounts was another culprit, at 10%, also 7 percentage points lower than average.

Financial Services 62

Financial Services Threat Reports Authentication Banking 62

Krebs on Security

NOVEMBER 16, 2022

financial services firm Ameriprise uses the domain ameriprise.com; the Disneyland Team’s domain for Ameriprise customers is [link] [brackets added to defang the domain], which displays in the browser URL bar as ? . It also has other options for stalling victims whilst their accounts are drained. Bank customers.

Malware 312

Malware Banking Phishing DDOS 312

Adam Levin

SEPTEMBER 5, 2019

Once the number has been transferred, the criminal has control of any accounts that are identified by caller ID (including many financial institutions) as well as any accounts protected by two-factor authentication. It is believed this was the method used to recently hack Jack Dempsey’s Twitter account. .

Scams 197

Scams Accountability Financial Services Insurance 197

The Last Watchdog

JULY 7, 2021

Credential stuffing is a type of advanced brute force hacking that leverages software automation to insert stolen usernames and passwords into web page forms, at scale, until the attacker gains access to a targeted account. Some deep, structural flaws persist in the way we use our web browsers and mobile apps to access online accounts.

Accountability 257

Accountability Mobile Passwords Authentication 257

Security Boulevard

JUNE 28, 2022

IoT and Machine Identity Management in Financial Services. How is IoT changing the financial sector? IoT has already positively impacted the financial sector and will only continue to in the future. IoT has also transformed the financial services sector in a variety of ways: Real-time data. brooke.crothers.

Financial Services 64

Financial Services IoT Banking Retail 64

Krebs on Security

JANUARY 25, 2022

27 — Thanksgiving Day weekend — Jim got a series of rapid-fire emails from MSF saying they’ve received his loan application, that they’d approved it, and that the funds requested were now available at the bank account specified in his MSF profile. Then on Nov. Take a look at that 546.56 for that $1,000.

Financial Services 225

Financial Services Banking Accountability Identity Theft 225

Krebs on Security

JULY 1, 2021

Financial services giant Intuit this week informed 1.4 Intuit says the change is tied to an “exciting” and “free” new service that will let millions of small business employees get easy access to employment and income verification services when they wish to apply for a loan or line of credit.

Small Business 361

Small Business Financial Services Government Media 361

Krebs on Security

APRIL 11, 2024

New York City based Sisense has more than 1,000 customers across a range of industry verticals, including financial services, telecommunications, healthcare and higher education. ” “We are taking this matter seriously and promptly commenced an investigation,” Dash continued.

CISO 289

CISO Encryption Telecommunications Financial Services 289

CyberSecurity Insiders

JUNE 16, 2021

With the average person now spending 2 hours and 51 minutes on their phone each day, service providers like ecommerce sites and entertainment channels have had to adapt their interfaces so that they also work on a smartphone. The financial services industry is no exception. Why is this possible?

Banking 84

Banking Authentication Mobile Financial Services 84

Adam Levin

NOVEMBER 30, 2018

The information compromised includes (but assume is not limited to): name, mailing address, phone number, email address, passport number, Starwood Preferred Guest account information, date of birth, gender, arrival and departure information, reservation date, and communication preferences. Monitor your accounts. Follow the three Ms: 1.

Identity Theft 165

Identity Theft Financial Services Media Password Management 165

Krebs on Security

MAY 3, 2019

Its account and transaction processing systems power the Web sites for hundreds of financial institutions — mostly small community banks and credit unions. The authentication weakness allowed bank customers to view account data for other customers, including account number, balance, phone numbers and email addresses.

Banking 220

Banking Accountability Passwords Technology 220

Thales Cloud Protection & Licensing

AUGUST 31, 2022

Financial services continue to lead in cybersecurity preparedness, but chinks appear in the armor. It highlights the leadership of financial services in cybersecurity relative to other industries, but it also uncovers some surprising chinks in their cybersecurity armor. Thu, 09/01/2022 - 05:15.

Financial Services 62

Financial Services Cybersecurity Computers and Electronics Banking 62

The Last Watchdog

MAY 24, 2021

billion hitting financial services organizations — an increase of more than 45 percent year-over-year in that sector. billion web app attacks last year, with more than 736 million targeting financial services. billion web attacks globally; 736 million in the financial services sector. A: Everything.

Financial Services 178

Financial Services Passwords Media Accountability 178

Adam Levin

NOVEMBER 17, 2020

Credit cards offer markedly better fraud protections than debit cards , which connect directly to your bank account. Virtual credit cards similarly allow online shoppers to mask their financial accounts. Many financial institutions offer free transaction alerts that notify you when charges hit your account.

Scams 243

Scams Retail Banking Passwords 243

CyberSecurity Insiders

MARCH 17, 2023

After Rubrik, Hitachi Energy issued a public statement that some of its customer accounts might have been compromised, after a ransomware attack took place on a third-party software called Fortra GoAnywhere MFT. However, an authenticity on this info is awaited and will only be known, as the case starts unfolding, in the court of law.

Software 136

Software Ransomware Data breaches Financial Services 136

Duo's Security Blog

NOVEMBER 20, 2023

One piece of evidence to support this hypothesis is the low adoption of a basic security control that protects against identity-based attacks - multi-factor authentication (MFA). Add to this, the risks of weak authentication factors such as SMS one-time passcodes and dormant or inactive accounts.

Threat Detection 134

Threat Detection Authentication Accountability Data breaches 134

Malwarebytes

SEPTEMBER 30, 2021

Two-factor authentication is a great way to protect your online accounts, and we always recommend you turn it on. Yesterday, security intelligence firm, Intel 147, revealed it had noticed an uptick of activity in threat actors providing access to services in Telegram that circumvent two-factor authentication (2FA) methods.

Social Engineering 117

Social Engineering Banking Authentication Passwords 117

Malwarebytes

AUGUST 21, 2024

” Toyota and Toyota Financial Services have suffered several breaches in the past, so it’s hard to tell where and when the information was obtained more precisely. Enable two-factor authentication (2FA). Some forms of two-factor authentication (2FA) can be phished just as easily as a password. Take your time.

Passwords 138

Passwords Manufacturing Data breaches Phishing 138

The Last Watchdog

FEBRUARY 25, 2019

A separate set of startups soon cropped up specifically to handle the provisioning of log on accounts that gave access to multiple systems, and also the de-provisioning of those accounts when a user left the company. The IAM vendors took single sign-on to the next level, adding multi-factor authentication and other functionalities.

Government 169

Government Authentication Technology Data breaches 169

Thales Cloud Protection & Licensing

JANUARY 26, 2021

For example, compromised card details are used to make unauthorized purchases online and personal details are used to take over an account or apply for a credit card in someone else’s name. Criminals use personal and financial data to impersonate customers and add apparent authenticity to a scam. Online skimming.

Retail 143

Retail Banking Big data Computers and Electronics 143

Malwarebytes

JUNE 14, 2024

In 2020, Truist provided financial services to about 12 million consumer households. Bank Transactions: Data including customer names, account numbers, and balances. Enable two-factor authentication (2FA). Some forms of two-factor authentication (2FA) can be phished just as easily as a password. Take your time.

Data breaches 128

Data breaches Banking Passwords Phishing 128

Thales Cloud Protection & Licensing

JANUARY 10, 2022

The financial services ecosystem has evolved tremendously over the past few years driven by a surge in the adoption of digital payments. Security is paramount; digital payments are not only authorized but they must be authenticated as well. How Can We Secure The Future of Digital Payments? Tue, 01/11/2022 - 06:35.

Retail 126

Retail Financial Services Banking Authentication 126

CyberSecurity Insiders

JUNE 28, 2021

In terms of financial inclusion, open banking also provides a wider range of financial services to a larger proportion of the global population at a lower cost. Financial Inclusion and Open Banking in practice. This revolves around getting the security and authentication behind the technology right.

Banking 133

Banking Financial Services Authentication Technology 133

Malwarebytes

JULY 19, 2024

Financial services had the most breaches, followed by healthcare. 80 supply chain attacks accounted for 446 affected entities and over 10 million victims. Enable two-factor authentication (2FA). Some forms of two-factor authentication (2FA) can be phished just as easily as a password. Take your time.

Data breaches 135

Data breaches Passwords Identity Theft Phishing 135

Security Affairs

MARCH 24, 2021

Forex trading may be dominated by banks and global financial services but, thanks to the Internet, the average person can today dabble directly in forex, securities and commodities trading. A German User’s Account. An Australian User’s Account. Financial details such as. Account Takeover. Credit Card Fraud.

Passwords 142

Passwords Accountability Media Identity Theft 142

The Last Watchdog

MAY 17, 2021

Related: How credential stuffing fuels account takeovers. In pulling off that milestone hack, Paige Thompson took advantage of CapOne’s lack of focus on cloud security as the banking giant rushed headlong into leveraging Amazon Web Services. The summer of 2019 was a heady time for the financial services industry.

Cloud Migration 164

Cloud Migration Banking Firewall Software 164

Malwarebytes

NOVEMBER 16, 2021

According to the researchers, SharkBot demonstrates: “…how mobile malwares are quickly finding new ways to perform fraud, trying to bypass behavioural detection countermeasures put in place by multiple banks and financial services during the last years.” ” Type and source of the infection.

Banking 134

Banking Financial Services Encryption Malware 134

Security Affairs

JUNE 11, 2021

Cookies are a precious source of intelligence about victims’ habits and could be abused to access the person’s online accounts of the victims. . million unique email addresses, NordLocker found, for an array of different apps and services. The database includes 6.6 The 26 million login credentials held 1.1 Pierluigi Paganini.

Malware 137

Malware Computers and Electronics Software Financial Services 137

eSecurity Planet

SEPTEMBER 16, 2022

In its 2021 Threat Force Intelligence Index , IBM reported that manufacturing and financial services were the two industries most at risk for attack, making up 23.2% Fraud.net offers specific solutions for a number of industries, including gaming, financial services, and eCommerce, as well as government organizations.

eCommerce 114

eCommerce Risk Financial Services Authentication 114

Security Affairs

MARCH 8, 2022

. “As of January 2022, the FBI has identified at least 52 entities across 10 critical infrastructure sectors affected by RagnarLocker ransomware, including entities in the critical manufacturing, energy, financial services, government, and information technology sectors,” reads the FBI’s flash alert.

Ransomware 112

Ransomware Financial Services Passwords VPN 112

Security Affairs

FEBRUARY 4, 2019

Attackers exploited the flaw in the SS7 protocol to defeat the 2FA authentication used by Metro Bank to protect its customers. “We are aware of a known telecommunications vulnerability being exploited to target bank accounts by intercepting SMS text messages used as 2-Factor Authentication (2FA).”

Banking 111

Banking Telecommunications Authentication Advertising 111