eSecurity Planet

SEPTEMBER 30, 2021

“Over the past few months, we’ve seen actors provide access to services that call victims, appear as a legitimate call from a specific bank and deceive victims into typing an OTP or other verification code into a mobile phone in order to capture and deliver the codes to the operator,” the Intel 471 researchers wrote.

Authentication 115

Authentication Social Engineering Phishing Banking 115

Responsible Cyber

NOVEMBER 23, 2024

Financial services have also faced significant incidents, with many institutions relying heavily on third-party technology partners to deliver essential services. Industries most affected by these breaches include healthcare, finance, and retail, where sensitive data is routinely shared with vendors for operational efficiency.

Risk 81

Risk Healthcare Education Cybersecurity 81

Responsible Cyber

NOVEMBER 17, 2024

Image Source: AI Generated Recent data breaches have exposed sensitive information from millions of customers across healthcare, financial services, and technology sectors. The impact extends beyond immediate financial losses. Bank of America confirmed that 57,028 of its customers were directly affected by the incident.

Data breaches 98

Data breaches Healthcare Social Engineering Financial Services 98

Krebs on Security

OCTOBER 7, 2022

who in April 2022 opened an investigation into fraud tied to Zelle , the “peer-to-peer” digital payment service used by many financial institutions that allows customers to quickly send cash to friends and family. Elizabeth Warren (D-Mass.), Bank , and Wells Fargo. ” Sen.

Banking 292

Banking Accountability Scams Passwords 292

IT Security Guru

JUNE 17, 2024

It also includes network vulnerabilities, like open or unprotected ports, unpatched software, and avenues for phishing or social engineering attacks. Industries such as financial services have effectively needed to redesign their entire business structures in order to keep up with the pace of digitalisation.

Financial Services 89

Financial Services Manufacturing Social Engineering Risk 89

Malwarebytes

SEPTEMBER 30, 2021

These services include calling their target victims, appearing to be from their bank, and socially engineering them into handing over a one-time password (OTP)—or other verification code—to the bot operators. ” Intel 147 has been observing these activities since June when services like these started operating.

Social Engineering 103

Social Engineering Banking Authentication Passwords 103

Security Affairs

SEPTEMBER 1, 2023

Targeted Phishing and Social Engineering: In some cases, attackers may employ targeted phishing emails or social engineering techniques to gain initial access to a system within the target network. By using specific search queries, an attacker can identify systems that are potentially susceptible to EternalBlue.

Social Engineering 130

Social Engineering Penetration Testing Engineering Malware 130

Centraleyes

MARCH 13, 2025

If you’re part of the financial services ecosystem hereor interact with businesses regulated by the New York State Department of Financial Servicesyouve likely come across the NYDFS Cybersecurity Regulation. New York, the city that never sleeps, is also the city that takes cybersecurity very seriously.

Cybersecurity 52

Cybersecurity Financial Services Risk Encryption 52

Security Boulevard

AUGUST 16, 2021

The prevalence of digital fraud attempts on businesses and consumers continues to rise as malicious actors are shifting their focus in 2021 from financial services to travel and leisure and other industries. globally.

Financial Services 102

Financial Services Social Engineering Accountability Engineering 102

SecureWorld News

MAY 30, 2023

In the recent SecureWorld Financial Services virtual conference , Mike Britton and Dan Sheiber of Abnormal Security joined Adam Pendleton, CISO of LendingPoint, to discuss ChatGPT's impressive capabilities. But it is powerful, and the danger lies with what can be done using the chatbot tool.

Artificial Intelligence 98

Artificial Intelligence CISO Social Engineering Financial Services 98

Duo's Security Blog

NOVEMBER 20, 2023

This group of English-speaking threat actors are known for launching sophisticated campaigns that can bypass weak MFA implementations, leveraging tactics such as SIM swapping, adversary-in-the-middle (AiTM) techniques, and social engineering to gain unauthorized access to organizations’ sensitive data.

Threat Detection 138

Threat Detection Authentication Accountability Data breaches 138

CyberSecurity Insiders

JANUARY 19, 2023

The first news that is trending is associated with financial service provider PayPal. News is out that social security numbers of nearly 35,000 users were leaked in a cyber attack that could have emerged from a credential stuffing campaign launched by a state funded actor.

Cyber Attacks 106

Cyber Attacks Social Engineering Financial Services Encryption 106

Security Affairs

DECEMBER 17, 2023

CISA and ENISA enhance their Cooperation CISA adds Qlik bugs to exploited vulnerabilities catalog Report: 2.6

Data breaches 123

Data breaches Cybercrime Firewall Ransomware 123

Security Affairs

APRIL 30, 2020

ybercriminals behind the PerSwaysion campaign gained access to many confidential corporate MS Office365 emails of mainly financial service companies, law firms, and real estate groups. Group-IB set up a website , where everyone can check if their email was compromised by PerSwaysion.

Phishing 136

Phishing Accountability Financial Services Cloud Migration 136

SC Magazine

JULY 2, 2021

Such discoveries would no doubt prove useful to the financial services community at large. Past research from the EBCS includes an examination of public Wi-Fi dangers and deceptions, and the progression of online fraudulent events, including the use of social engineering tactics.

Financial Services 71

Financial Services Banking Media Identity Theft 71

Adam Levin

AUGUST 21, 2019

Other programs cover specific topics, like how to navigate the web without picking up a virus, how to recognize social engineering (a fancy term for the hacking practice of luring in unsuspecting victims with links and offers of this or that slice of paradise), safe mobile practice, safe travel practices, safe email practice, and much more.

Phishing 138

Phishing Accountability Hacking Cybersecurity 138

Security Affairs

AUGUST 16, 2023

Other top 4 targeted industries include Manufacturing, Insurance, Technology, and Financial Services seeing 15%, 9%, 7%, and 6% of the campaign traffic respectively.” com (Cloudflare’s Web3 services). ” Most of the links included in the phishing messages were comprised of Bing redirect URLs.

Phishing 98

Phishing Energy and Utilities Insurance Manufacturing 98

CyberSecurity Insiders

NOVEMBER 29, 2022

Globally, healthcare, financial services, manufacturing and state and local governments continue to see a rise in the frequency of attacks. According to the SonicWall Cyber Threat Report, the global volume of ransomware is increasing by 98%. Phishing Targeted Attacks.

Phishing 134

Phishing Mobile Ransomware Technology 134

eSecurity Planet

OCTOBER 5, 2021

And social engineering can crack even more considering how many people include the names of their families and birthdays. Banking, financial services, and insurance industries constitute the largest share of adopters, with North America leading adoption, according to Orbis Research. MFA can be hacked.

Authentication 105

Authentication Passwords Mobile Accountability 105

Malwarebytes

MARCH 13, 2023

Mostly by deploying social engineering, victims are tricked into linking their cryptocurrency wallet to a fraudulent liquidity mining application. Within those complaints, cryptocurrency investment fraud rose from $907 million in 2021 to $2.57 billion in 2022, an increase of 183%. Total victim losses in 2022 amounted to $10.3

Cryptocurrency 69

Cryptocurrency Scams Media Social Engineering 69

SC Magazine

MAY 1, 2021

He is a cybersecurity and M&A professional, focusing predominantly within financial services, life sciences, health care and retail industries. Ashutosh Kapsé is the head of cybersecurity at IOOF Holdings Limited, one of the largest non-banking financial services organizations in Australia.

Computers and Electronics 126

Computers and Electronics Technology Information Security Education 126

Duo's Security Blog

DECEMBER 19, 2024

While we tend to associate phishing emails more with our personal accounts, attacks targeting our work identities whether through socially engineered phishing, brute force, or another form, are very common. An email containing a QR code constructed from Unicode characters (defanged) identified by Cisco Talos.

Phishing 64

Phishing Authentication Social Engineering Passwords 64

SecureWorld News

SEPTEMBER 15, 2020

Here is how cybercriminals carried out the attack: "A preliminary review indicates these unauthorized users gained access to the application to change financial information and divert payments from VA by using social engineering techniques and exploiting authentication protocols.

Data breaches 54

Data breaches Social Engineering Government Financial Services 54

Security Boulevard

JULY 13, 2021

Domains impersonating companies and their brand names still pose a significant threat—research from Digital Shadows released today found that on average 1,100 fake websites are registered against individual organizations annually.

Phishing 122

Phishing Financial Services Social Engineering Engineering 122

Security Boulevard

JUNE 26, 2023

Unfortunately, the increasing reliance on digital systems and capabilities has also attracted an ever-growing number of malicious actors seeking to defraud businesses through phishing , social engineering , or ransomware attacks. The end result of these types of cyber attacks are often highly public and damaging data breaches.

Data breaches 52

Data breaches Healthcare Telecommunications Financial Services 52

SC Magazine

MARCH 4, 2021

Researchers have spotted a new business email compromise (BEC) trend that, if perfected, could represent a significant social engineering threat to the financial investment and private equity community.

Scams 88

Scams Security Awareness Social Engineering Banking 88

Thales Cloud Protection & Licensing

SEPTEMBER 2, 2024

This approach can reduce the risk of account takeover through password theft or social engineering attacks while making the login process faster and more user-friendly. Many regulations, such as PSD2 for financial services, require device binding.

Passwords 62

Passwords Authentication Social Engineering Phishing 62

SC Magazine

JULY 13, 2021

Digital Shadows reports that out of its total client base, businesses operating in the financial services, food and beverage, technology, health care, and insurance verticals were responsible for nearly half of all total risk events observed. “We

Phishing 87

Phishing Identity Theft Social Engineering Technology 87

Dark Reading

DECEMBER 18, 2012

Much like any other banking channel, financial institutions need to strengthen their customer authentication if they expect to stop fraud in the financial services industry, said Neil Schwartzman of secure messaging infrastructure provider, Message Bus.

Banking 40

Banking Authentication Risk Identity Theft 40

Security Affairs

JANUARY 27, 2022

Onfido, a London-based company, offers photo-based IDV services for businesses. Financial service providers, car rentals, and many other suppliers that need to confirm customer identities employ similar third-party services. Threat actors can abuse PII to conduct phishing and social engineering attacks.

Identity Theft 98

Identity Theft Accountability Data breaches Social Engineering 98

eSecurity Planet

SEPTEMBER 10, 2021

Comprehensive training should include basic security knowledge like how to create a strong password and identify possible social engineering attacks as well as more advanced topics like risk management. Perhaps most importantly, cloud security training should help employees understand the inherent risk of shadow IT.

Penetration Testing 132

Penetration Testing Encryption Risk Technology 132

CyberSecurity Insiders

JANUARY 16, 2022

More than 1,500 organizations worldwide spanning Financial Services, Defense, Manufacturing, Energy, Aerospace, and Transportation Systems trust OPSWAT to secure their files and devices; ensure compliance with industry and government-driven policies and regulations, and protect their reputation, finances,?

Engineering 124

Engineering Cybersecurity Energy and Utilities Software 124

SecureList

NOVEMBER 23, 2022

The email body employs social engineering techniques, for instance, to convince the user that they need to update their payment data, or that a lucrative deal awaits them on the phishing site. However, there are other ways of delivering phishing links, such as instant messages, social media, or SMS. Phishing distribution.

Phishing 125

Phishing Banking Scams Retail 125

SecureList

SEPTEMBER 11, 2023

The gang has scored a series of resonant attacks on oil companies, financial services , government agencies and healthcare providers. The gang infamously uses complex tactics and techniques to penetrate victim networks, such as exploitation of software vulnerabilities and social engineering.

Ransomware 144

Ransomware Encryption Malware DDOS 144

Spinone

DECEMBER 26, 2018

Social engineering attacks , including phishing, spam, and viruses introduced via clickable links within e-mail affected 80% of the banking institutions in 2016.

Security Awareness 40

Security Awareness Risk Cyber threats Cyber Risk 40

LRQA Nettitude Labs

JULY 5, 2023

Phishing and social engineering awareness : Raising awareness about common attack vectors like phishing emails, malicious links, or social engineering attempts that can lead to unauthorized access to data or system compromise.

Artificial Intelligence 52

Artificial Intelligence Data privacy Social Engineering Risk 52

NetSpi Executives

APRIL 27, 2024

Ransomware, a definition Ransomware is a set of malware technologies, hacking techniques, and social engineering tactics that cybercriminals use to cause harm, breach data, and render data unusable. Ransomware attackers get into a network in many ways: Social engineering. Unpatched exploits.

Ransomware 52

Ransomware Cyber Insurance Backups Insurance 52