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

Hacker Combat

SEPTEMBER 6, 2021

Hackers took advantage of the mishap to gain unauthorized access to email accounts and lots of customer’s data was exposed. Investment Research Advisors and Investment Research from Cambridge Investment were affected, as well as KMS, a registered financial services provider based in Seattle. .

Accountability 125

Accountability Hacking Financial Services Data breaches 125

Security Boulevard

FEBRUARY 24, 2023

It offers a wide variety of financial products to over 30 million retail investors that rely on this firm to manage their investment and retirement accounts. The post Financial Services Firm Reduces Threat Protection Response Time From 3 Hours to 30 seconds appeared first on Security Boulevard.

Financial Services 85

Financial Services Retail Accountability 85

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

JULY 23, 2020

As first reported here last year , First American’s website exposed 16 years worth of digitized mortgage title insurance records — including bank account numbers and statements, mortgage and tax records, Social Security numbers, wire transaction receipts, and drivers license images.

Insurance 327

Insurance Financial Services Penetration Testing Scams 327

Malwarebytes

MAY 31, 2023

A series of security errors and mishaps has cost personal loan provider OneMain $4.25m in penalties, issued by the New York State department of financial services. OneMain experienced “at least” three security incidents over three years, from 2018 to 2020.

Financial Services 98

Financial Services Passwords Risk Software 98

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

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.

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Financial Services Threat Reports Authentication Banking 62

SecureWorld News

NOVEMBER 28, 2022

The New York State Department of Financial Services (NYDFS) is proposing an amendment to its regulations that will require financial services companies to up their cybersecurity game.

Financial Services 79

Financial Services Cybersecurity CISO InfoSec 79

Krebs on Security

SEPTEMBER 27, 2019

Earlier this month, employees at more than 1,000 companies saw one or two paycheck’s worth of funds deducted from their bank accounts after the CEO of their cloud payroll provider absconded with $35 million in payroll and tax deposits from customers. Then, you promptly withdraw the $500 from checking account B.

Banking 269

Banking Accountability Financial Services Insurance 269

Security Affairs

SEPTEMBER 1, 2021

Securities and Exchange Commission (SEC) announced sanctions against several organizations over email account hacking. Securities and Exchange Commission (SEC) announced sanctions against eight entities belonging to three companies over email account hacking due to cybersecurity failures. Pierluigi Paganini.

Accountability 115

Accountability Hacking Financial Services Cybersecurity 115

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

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

Dark Reading

DECEMBER 7, 2020

A well-organized email spoofing campaign has been seen targeting financial services, insurance, healthcare, manufacturing, utilities, and telecom.

Accountability 105

Accountability Financial Services Phishing Insurance 105

Security Boulevard

AUGUST 26, 2021

Organizations in the financial services sector are high-value targets for cybercriminals. The four most common ways hackers deploy botnets is for credit card fraud, account takeover (ATO) attacks, distributed […]. The post The 4 most common bad bot attack methods targeting financial services appeared first on Blog.

Financial Services 59

Financial Services Accountability 59

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.

Scams 363

Scams Banking Passwords Authentication 363

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 A portion of the Jan.

Financial Services 225

Financial Services Banking Accountability Identity Theft 225

The Hacker News

JUNE 13, 2024

Threat actors linked to North Korea have accounted for one-third of all the phishing activity targeting Brazil since 2020, as the country's emergence as an influential power has drawn the attention of cyber espionage groups.

Phishing 140

Phishing Financial Services Government Accountability 140

Adam Levin

APRIL 6, 2020

Change your passwords on any accounts associated with travel and / or lodging, and be sure not to re-use them across multiple accounts. Monitor Your Accounts: Check your bank and credit card statements daily to look for any suspicious activity. Sign up for alerts on any account connected to your finances.

Data breaches 187

Data breaches Financial Services Passwords Accountability 187

NetSpi Executives

MAY 7, 2024

In response, many regional and national regulatory bodies and industry leaders have introduced comprehensive frameworks aimed at bolstering the enterprise resilience of the financial services sector. Ultimately, navigating security testing regulations across financial services demands a proactive and strategic stance.

Financial Services 59

Financial Services Cybersecurity Penetration Testing Cyber threats 59

Krebs on Security

SEPTEMBER 29, 2021

The idea is that even if the user’s password gets stolen, the attacker still can’t access the user’s account without that second factor — i.e. without access to the victim’s mobile device or phone number. The OTP interception service featured earlier this year — Otp[.]agency

Passwords 352

Passwords Mobile Authentication Banking 352

Security Affairs

OCTOBER 14, 2024

US-based financial services company Fidelity Investments warns 77,000 individuals of a data breach that exposed their personal information. based financial services company Fidelity Investments is notifying 77,099 individuals that their personal information was compromised in an August cyberattack.

Data breaches 140

Data breaches Financial Services Accountability Hacking 140

The Hacker News

OCTOBER 9, 2023

-based organizations are being targeted by a new phishing campaign that leverages a popular adversary-in-the-middle (AiTM) phishing toolkit named EvilProxy to conduct credential harvesting and account takeover attacks.

Phishing 143

Phishing Financial Services Insurance Banking 143

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

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

Security Affairs

APRIL 16, 2023

Microsoft warns of a new Remcos RAT campaign targeting US accounting and tax return preparation firms ahead of Tax Day. Tax Day, Microsoft has observed a new Remcos RAT campaign targeting US accounting and tax return preparation firms. Ahead of the U.S. The phishing attacks began in February 2023, the IT giant reported. LNK) files.

Accountability 98

Accountability Phishing Financial Services Surveillance 98

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. . What You Can Do.

Scams 197

Scams Accountability Financial Services Insurance 197

Tech Republic Security

NOVEMBER 29, 2022

An account takeover (ATO), in which criminals impersonate legitimate account owners to take control of an account, are on the rise in Asia and across the world. The post What is Account Takeover and How to Prevent It in 2022 appeared first on TechRepublic. It is critical for. It is critical for.

Accountability 74

Accountability Financial Services Retail 74

Security Boulevard

NOVEMBER 23, 2023

The global financial services market was worth over $25 trillion in 2022. Cyber-criminals are broadly speaking after the wealth of highly monetizable personal and financial data that financial institutions hold on their customers, or access to their accounts.

Banking 119

Banking Financial Services Cybersecurity Marketing 119

The Last Watchdog

APRIL 7, 2020

they then began to use the stolen credentials to launch automated account takeovers. “So So if you were participating in that environment, and you were looking for a relationship, then your account might get taken over. We were able to stop the account takeovers that would then sometimes lead to these romance scams.”

Mobile 266

Mobile Digital transformation Scams Accountability 266

The State of Security

FEBRUARY 24, 2022

Knocking financial services and insurance off the top of the heap after a long reign, the manufacturing industry was found by IBM to be the most attacked sector – accounting […]… Read More. The post Manufacturing was the top industry targeted by ransomware last year appeared first on The State of Security.

Manufacturing 130

Manufacturing Ransomware Financial Services Insurance 130

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.

Identity Theft 165

Identity Theft Financial Services Media Password Management 165

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

Krebs on Security

MAY 3, 2019

The credit union said the investigation that fueled the lawsuit was prompted by a 2018 KrebsOnSecurity report about glaring security weaknesses in a Fiserv platform that exposed personal and financial details of customers across hundreds of bank Web sites. Brookfield, Wisc.-based billion in earnings last year.

Banking 220

Banking Accountability Passwords Technology 220

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

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

Tech Republic Security

OCTOBER 10, 2024

An attacker snuck in by creating two new user accounts. Fidelity Investments assures customers their investments were not affected.

Data breaches 205

Data breaches Accountability Financial Services Big data 205