article thumbnail

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.

article thumbnail

Cyberattacks threaten big losses and PR crises for financial services firms

SC Magazine

million, financial services firms are laser-focused on cloud vulnerabilities, attacks against internet-of-things devices and other prevalent threats. . The heavily regulated environment in which financial services firms operate adds a layer of complexity —?and With data breaches causing an average loss of $4.2

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Q&A: Here’s how Google’s labeling HTTP websites “Not Secure” will strengthen the Internet

The Last Watchdog

In a move to blanket the Internet with encrypted website traffic, Google is moving forward with its insistence that straggling website publishers adopt HTTPS Secure Sockets Layer (SSL). It’s true that most financial services and big-name shopping websites have long ago moved to HTTPS. Related: How PKI can secure IoT.

Internet 203
article thumbnail

SHARED INTEL Q&A: Forrester highlights why companies need to strive for ‘cryptoagility’– today

The Last Watchdog

Carielli Carielli: The industries acting with the most urgency are the financial services and government sectors these are the industries that have issued guidance or regulations and are furthest along in piloting and implementing quantum safe solutions. Acohido Pulitzer Prize-winning business journalist Byron V.

article thumbnail

NY Charges First American Financial for Massive Data Leak

Krebs on Security

According to a filing (PDF) by the New York State Department of Financial Services (DFS), the weakness that exposed the documents was first introduced during an application software update in May 2014 and went undetected for years. The documents were available without authentication to anyone with a Web browser.

Insurance 347
article thumbnail

An Interview With the Target & Home Depot Hacker

Krebs on Security

Golubov later earned immunity from prosecution by becoming an elected politician and founding the Internet Party of Ukraine , which called for free internet for all, the creation of country-wide “hacker schools” and the “computerization of the entire economy.”

Retail 255
article thumbnail

News alert: Gcore Radar reveals 56% rise in DDoS attacks – gaming industry targeted the most

The Last Watchdog

In Q3-Q4 2024, the financial services sector experienced a significant increase, accounting for 26% of all DDoS attacks, up from 12% in the previous period. Another explanation is that attackers may be shifting their focus towards other high-value sectors, such as financial services, which saw a 117% increase in the number of attacks.

DDOS 130