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Defending Financial Services Against Fraud in a Shifting Cyber Landscape

Thales Cloud Protection & Licensing

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.

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Oracle April 2025 Critical Patch Update Addresses 171 CVEs

Security Boulevard

Medium severity patches accounted for the bulk of security patches at 54.5%, followed by high severity patches at 32.3%. of the total patches, followed by Oracle Hyperion at 43 patches, which accounted for 11.4% of the total patches, followed by Oracle Hyperion at 43 patches, which accounted for 11.4% of the total patches.

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Toyota disclosed a data breach after ZeroSevenGroup leaked stolen data on a cybercrime forum

Security Affairs

.” BleepingComputer researchers noticed that the stolen archive was created on December 25, 2022, which suggests that the attackers may have compromised a backup server where the data was stored. Toyota Financial Services (TFS) is the finance arm of the Toyota Motor Corporation.

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Cachet Financial Reeling from MyPayrollHR Fraud

Krebs on Security

If you need a backup processor, please contact us. “Unlike what happened with MyPayrollHR — which harmed consumers directly — the payment service bureaus are the ones potentially getting hurt here.” Cachet sued to recover the money stuck in Pinnacle’s frozen accounts. But on Oct. Credit trans.

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Avoslocker ransomware gang targets US critical infrastructure

Security Affairs

. “AvosLocker is a Ransomware as a Service (RaaS) affiliate-based group that has targeted victims across multiple critical infrastructure sectors in the United States including, but not limited to, the Financial Services, Critical Manufacturing, and Government Facilities sectors. hard drive, storage device, the cloud).

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Octo Tempest cybercriminal group is "a growing concern"—Microsoft

Malwarebytes

In a security blog about Octo Tempest Microsoft states: “Octo Tempest monetized their intrusions in 2022 by selling SIM swaps to other criminals and performing account takeovers of high-net-worth individuals to steal their cryptocurrency.” Create offsite, offline backups. Don’t get attacked twice.

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What is a Cyberattack? Types and Defenses

eSecurity Planet

Also read: How to Recover From a Ransomware Attack Best Ransomware Removal Tools Best Ransomware Removal and Recovery Services Best Backup Solutions for Ransomware Protection. Capital markets, insurance, financial services, and banking are now online. The techniques used in digital financial crimes are varied.

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