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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. Looking at FinServ firms’ top threats, ransomware attacks against this sector continue to grow, with 18% saying they had suffered an attack.

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LockFile Ransomware uses a new intermittent encryption technique

Security Affairs

Recently emerged LockFile ransomware family LockFile leverages a novel technique called intermittent encryption to speed up encryption. LockFile ransomware gang started its operations last month, recently it was spotted targeting Microsoft Exchange servers using the recently disclosed ProxyShell vulnerabilities.

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Ransomware at IT Services Provider Synoptek

Krebs on Security

Synoptek , a California business that provides cloud hosting and IT management services to more than a thousand customer nationwide, suffered a ransomware attack this week that has disrupted operations for many of its clients, according to sources. A now-deleted Tweet from Synoptek on Dec.

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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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RansomHub Ransomware Group Targets 210 Victims Across Critical Sectors

The Hacker News

Threat actors linked to the RansomHub ransomware group encrypted and exfiltrated data from at least 210 victims since its inception in February 2024, the U.S. government said.

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BlackCocaine Ransomware, a new malware in the threat landscape

Security Affairs

Cyble researchers investigated a recent attack on an India-based IT firm that was hit by the BlackCocaine Ransomware gang. Recently Cyber researchers for Cyble investigated an attack suffered by on May 30, 2021, by Nucleus Software, an India-based IT company in the Banking and Financial Services sector.

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New Cybersecurity Rules for Financial Institutions in New York State Take Effect November 1, 2024

Thales Cloud Protection & Licensing

New Cybersecurity Rules for Financial Institutions in New York State Take Effect November 1, 2024 madhav Fri, 10/25/2024 - 06:09 The next major deadline for compliance with the updated cybersecurity rules from the New York State Department of Financial Services (NYDFS) is November 1, 2024.