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Japan ’s FSA warns of unauthorized trades via stolen credentials from fake security firms’ sites

Security Affairs

Japan s Financial Services Agency (FSA) warns of hundreds of millions in unauthorized trades linked to hacked brokerage accounts. Japan s Financial Services Agency (FSA) reported that the damage caused by unauthorized access to and transactions on internet trading services is increasing.

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2024 Thales Global Data Threat Report: Trends in Financial Services

Thales Cloud Protection & Licensing

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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Microsoft seized 240 sites used by the ONNX phishing service

Security Affairs

Microsoft disrupted the ONNX phishing service, seizing 240 sites and naming an Egyptian man as the operator behind the operation. Microsoft announced the disruption of the ONNX phishing service, another success against cybercrime which led to the seizure of 240 sites. ” reads the analysis published by Microsoft.

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Report: Big U.S. Banks Are Stiffing Account Takeover Victims

Krebs on Security

consumers have their online bank accounts hijacked and plundered by hackers, U.S. financial institutions are legally obligated to reverse any unauthorized transactions as long as the victim reports the fraud in a timely manner. The first question asks, Did the request actually come from an authorized owner or signer on the account?

Banking 285
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Report Finds 50% of Scattered Spider Phishing Domains Targeted Finance & Insurance

Digital Shadows

Phishing Remains Top Tactic, Fueled by Teams Abuse Figure 1: Top attack techniques in true-positive customer incidents for finance & insurance sector, H2 2024 vs H2 2023 Phishing dominated cyber attacks in H2 2024, accounting for over 90% of incidents across industries due to its simplicity and effectiveness.

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North Korean Hackers Target Brazilian Fintech with Sophisticated Phishing Tactics

The Hacker News

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 130
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Cybercriminals Using EvilProxy Phishing Kit to Target Senior Executives in U.S. Firms

The Hacker News

-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 138