The Last Watchdog

MARCH 24, 2025

Security domains where we anticipate the strongest impact, and ones where the technology vendors can be key partners for you in your migration efforts include certificate and key management, data encryption and digital signature, networking infrastructure, and authentication.

Encryption 130

Encryption Financial Services Technology Risk 130

Thales Cloud Protection & Licensing

NOVEMBER 13, 2023

Defending Financial Services Against Fraud in a Shifting Cyber Landscape sparsh Tue, 11/14/2023 - 05:05 As we approach International Fraud Awareness Week during 12-18 November 2023, taking stock of the evolving threat landscape and the vulnerabilities that financial services organizations face is crucial.

Financial Services 104

Financial Services Encryption Cybercrime Threat Reports 104

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 254

Financial Services Insurance Banking Authentication 254

Krebs on Security

NOVEMBER 19, 2021

One of the more common ways cybercriminals cash out access to bank accounts involves draining the victim’s funds via Zelle , a “peer-to-peer” (P2P) payment service used by many financial institutions that allows customers to quickly send cash to friends and family. What’s your username?”

Scams 362

Scams Banking Passwords Authentication 362

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 141

Banking Accountability Malware Mobile 141

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 116

Authentication Social Engineering Phishing Banking 116

Malwarebytes

FEBRUARY 20, 2025

With the capture of usernames and passwords from web browsers, attackers can access your accounts, including email, social media, and financial services. They may even gather enough personal data to be used for identity theft or sold on the dark web.

Identity Theft 90

Identity Theft Malware Financial Services Antivirus 90

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

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 105

Authentication Passwords Mobile Accountability 105

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 330

Malware Banking Phishing DDOS 330

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

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 243

Financial Services Banking Accountability Identity Theft 243

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

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 311

CISO Encryption Telecommunications Financial Services 311

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 359

Small Business Financial Services Government Media 359

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

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 235

Banking Accountability Passwords Technology 235

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

Thales Cloud Protection & Licensing

JANUARY 16, 2025

However, as important as PCI may be, United States financial services organizations operate in one of the worlds most stringent and complex compliance landscapes. Understanding the US FinServ Compliance Landscape The US financial services industry is subject to a vast number of laws and regulations.

Financial Services 62

Financial Services Encryption Insurance Government 62

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 138

Threat Detection Authentication Accountability Data breaches 138

Security Boulevard

MARCH 14, 2025

ISO/IEC 27001 & ISO/IEC 27017: These ISO standards offer vital guidance for securing cloud services, particularly the APIs that support them. and strong authentication mechanisms like OAuth 2.0 Secure authentication mechanisms must be implemented to maintain the integrity and security of financial APIs.

Authentication 52

Authentication Threat Detection Government Data breaches 52

Centraleyes

MARCH 13, 2025

If you’re part of the financial services ecosystem hereor interact with businesses regulated by the New York State Department of Financial Servicesyouve likely come across the NYDFS Cybersecurity Regulation. Multi-factor authentication (MFA) and role-based access controls are your best friends here.

Cybersecurity 52

Cybersecurity Financial Services Risk Encryption 52

Responsible Cyber

NOVEMBER 23, 2024

The healthcare sector has been particularly hard-hit, accounting for over 30% of the total breaches. Financial services have also faced significant incidents, with many institutions relying heavily on third-party technology partners to deliver essential services.

Risk 81

Risk Healthcare Education Cybersecurity 81

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 105

Social Engineering Banking Authentication Passwords 105

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

Centraleyes

DECEMBER 16, 2024

Verizons Data Breach Investigations Report showed that 74% of security breaches involve a human element, with system administrators and developers accounting for most of these errors. Attackers are becoming more organized, with ransomware-as-a-service (RaaS) operations providing easy access to malicious tools for even novice cybercriminals.

Cybersecurity 98

Cybersecurity Insurance Cyber Insurance Risk 98

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

Duo's Security Blog

AUGUST 22, 2022

In 2017, New York Department of Financial Services (NYDFS) passed cybersecurity regulation 23 NYCRR 500, requiring all financial services companies to implement multi-factor authentication (MFA). With one tap, users are able to quickly and easily login to their account.

Cybersecurity 98

Cybersecurity Financial Services VPN Technology 98

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 127

Passwords Manufacturing Data breaches Phishing 127

Thales Cloud Protection & Licensing

OCTOBER 16, 2024

According to Imperva’s State of API Security in 2024 report, APIs—the rules allowing software applications to communicate with each other—now account for a staggering 71% of internet traffic. Individuals risk identity theft, financial loss, and privacy violations. The result?

DDOS 62

DDOS Encryption Data breaches Identity Theft 62

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 126

Data breaches Passwords Identity Theft Phishing 126

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