Data Breach Today

SEPTEMBER 23, 2021

CyberEdBoard Executive Member, Maria Filomena Gibe, guest speaks on panel at ISMG Virtual Cybersecurity Summit Asia: Financial Services The panel discusses: • How ‘zero trust’ has made security as a business enabler • Building a multi-factor authentication model based on ‘zero trust’ • Building ‘zero trust’ framework aligned with people, process and (..)

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Financial Services Authentication Cybersecurity Security 242

Data Breach Today

FEBRUARY 26, 2020

Security Experts Discuss Authentication Challenges in the Financial Services Sector Improvements in behavioral biometrics and analytics are changing the way many financial services firms approach authentication.

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Analytics Financial Services Authentication Access 191

Krebs on Security

MAY 19, 2021

New research shows how fraudsters can abuse wireless provider websites to identify available, recycled mobile numbers that allow password resets at a range of email providers and financial services online. While you’re at it, consider removing your phone number as a primary or secondary authentication mechanism wherever possible.

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Authentication Passwords Financial Services Risk 360

Thales Cloud Protection & Licensing

NOVEMBER 13, 2023

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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Financial Services Blockchain Encryption Cloud 104

The Last Watchdog

SEPTEMBER 24, 2024

The NPD breach serves as a stark reminder of the critical importance of data security in today’s digital world, particularly in regulated industries such as financial services and healthcare.

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Authentication IT ROT Compliance 216

Krebs on Security

SEPTEMBER 29, 2021

In February, KrebsOnSecurity wrote about a novel cybercrime service that helped attackers intercept the one-time passwords (OTPs) that many websites require as a second authentication factor in addition to passwords. OTP Agency took itself offline within hours of that story. . The 2fa SMS Buster bot on Telegram. Image: Intel 471.

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Passwords Authentication Phishing Access 343

Security Affairs

JULY 31, 2024

The malware can bypass bank users’ identity verification and authentication processes, it also avoids behavioural detection techniques applied by banks to identify suspicious money transfers. After installation, BingoMod prompts users to activate Accessibility Services under the guise of necessary app functionality.

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Authentication Financial Services Communications Access 355

Security Affairs

JUNE 26, 2021

The hackers also targeted non-governmental organizations and think tanks, as well as financial services. Microsoft highlights the importance of best practices such as Zero-trust architecture and multi-factor authentication to prevent these attacks. In all, 36 countries were targeted.”

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Financial Services Access Passwords Authentication 328

Security Affairs

JANUARY 17, 2022

.” The CPU will address critical vulnerabilities in Oracle Essbase, Graph Server and Client, Secure Backup, Communications Applications, Communications, Construction and Engineering, Enterprise Manager, Financial Services Applications, Fusion Middleware, Insurance Applications, PeopleSoft, Support Tools, and Utilities Applications.

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Communications Financial Services Big data Retail 313

Krebs on Security

JULY 23, 2020

The documents were available without authentication to anyone with a Web browser. 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.

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Insurance Financial Services Mining Access 347

Krebs on Security

MAY 31, 2019

No authentication was needed to access the digitized records. On May 29, The New York Times reported that the inquiry by New York’s Department of Financial Services is likely to be followed by other investigations from regulators and law enforcement.

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Financial Services Insurance Sales Authentication 255

Security Affairs

MARCH 8, 2022

Most of the impacted vendors are in the healthcare sector (55%), followed by IoT (24%), IT (8%), financial services (5%), and manufacturing (4%). The impact of these flaws is widespread, experts determine that the issues impact more than 150 device models from over 100 manufacturers.

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Manufacturing Access IoT Authentication 256

Security Affairs

AUGUST 26, 2021

The experts from the DIVD privately reported two flaws to Kaseya in early July, the issues are respectively an authenticated remote code execution vulnerability and a privilege escalation flaw that could allow an attacker to change his role from read-only user to admin. An employee published the alert on an online analyzing platform. .

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Authentication Financial Services Cloud Security 280

Security Affairs

JULY 27, 2021

Experts found three new zero-day flaws in the Kaseya Unitrends service and warn users to avoid exposing the service to the Internet. Security researchers warn of three new zero-day vulnerabilities in the Kaseya Unitrends service. An employee published the alert on an online analyzing platform.

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Financial Services Authentication Cloud Government 289

OpenText Information Management

AUGUST 26, 2024

Fast, easy, personalized, and engaging experiences are the name of the game in financial services. Here are six ways financial services organizations are tapping into the power of conversational experiences with mission-critical messaging: 1. Multi-factor authentication Security and privacy are key to building trust.

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Financial Services Marketing Insurance Communications 69

The Last Watchdog

MARCH 24, 2025

Security domains where we anticipate the strongest impact, and ones where the technology vendors can be key partners for you in your migration efforts include certificate and key management, data encryption and digital signature, networking infrastructure, and authentication.

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Encryption Financial Services Risk Libraries 130

Data Breach Today

SEPTEMBER 23, 2021

CyberEdBoard Executive Member Maria Filomena Gibe Speaks on Panel at ISMG Virtual Cybersecurity Summit Asia: Financial Services CyberEdBoard member Maria Filomena Gibe speaks on a panel at ISMG Virtual Cybersecurity Summit Asia: Financial Services.

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Financial Services Authentication Cybersecurity Security 162

eSecurity Planet

OCTOBER 5, 2021

Passwords are the most common authentication tool used by enterprises, yet they are notoriously insecure and easily hackable. At this point, multi-factor authentication (MFA) has permeated most applications, becoming a minimum safeguard against attacks. Jump to: What is multi-factor authentication? MFA can be hacked.

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Authentication Passwords Access Computer and Electronics 105

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. The page resembles an authentic Microsoft Office 365 file sharing page.

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Phishing Cloud Financial Services Authentication 340

eSecurity Planet

SEPTEMBER 30, 2021

Underground services are cropping up that are designed to enable bad actors to intercept one-time passwords (OTPs), which are widely used in two-factor authentication programs whose purpose is to better protect customers’ online accounts. By using the services, cybercriminals can gain access to victims’ accounts to steal money.

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Authentication Phishing Financial Services Passwords 115

Krebs on Security

NOVEMBER 19, 2021

In reality, the fraudster initiates a transaction — such as the “forgot password” feature on the financial institution’s site — which is what generates the authentication passcode delivered to the member. To combat this scam Zelle introduced out-of-band authentication with transaction details.

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IT Passwords Authentication Phishing 362

Security Affairs

JUNE 11, 2021

million unique email addresses, NordLocker found, for an array of different apps and services. These included logins for social media, online games, online marketplaces, job-search sites, consumer electronics, financial services, email services, and more. The 26 million login credentials held 1.1 Pierluigi Paganini.

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Computer and Electronics Archiving Encryption Passwords 326

Security Affairs

NOVEMBER 19, 2023

Israeli man sentenced to 80 months in prison for providing hacker-for-hire services Russian APT Gamaredon uses USB worm LitterDrifter against Ukraine The board of directors of OpenAI fired Sam Altman Medusa ransomware gang claims the hack of Toyota Financial Services CISA adds Sophos Web Appliance bug to its Known Exploited Vulnerabilities catalog (..)

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Security Data breaches Ransomware Financial Services 325

Data Protection Report

NOVEMBER 8, 2023

On November 1, 2023, the New York Department of Financial Services (“NYDFS”) released the finalized amendments of Part 500 of its cybersecurity regulations. Two Years from Publication in State Register 500.12: Multi-factor authentication requirements; and, 500.13(a): One Year from Publication in State Register 500.4:

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Financial Services Cybersecurity Compliance Government 111

Security Affairs

FEBRUARY 4, 2019

Attackers exploited the flaw in the SS7 protocol to defeat the 2FA authentication used by Metro Bank to protect its customers. “We are aware of a known telecommunications vulnerability being exploited to target bank accounts by intercepting SMS text messages used as 2-Factor Authentication (2FA).”

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IT Authentication Financial Services Access 279

Security Affairs

MARCH 8, 2022

. “As of January 2022, the FBI has identified at least 52 entities across 10 critical infrastructure sectors affected by RagnarLocker ransomware, including entities in the critical manufacturing, energy, financial services, government, and information technology sectors,” reads the FBI’s flash alert.

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Ransomware Passwords Financial Services Manufacturing 266

Krebs on Security

APRIL 28, 2020

As it turned out, calling the phone number on the back of the credit card from the phone number linked with the card provided the most recent transactions without providing any form of authentication.” “I was appalled that Citi would do that. .

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Financial Services Sales Authentication Risk 363

The Last Watchdog

JUNE 15, 2023

The World Wide Web Consortium today announced a standardization milestone for a new browser capability that helps to streamline user authentication and enhance payment security during Web checkout. Customer authentication For the past 15 years, e-commerce has increased as a percentage of all retail sales.

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Authentication Communications Financial Services Retail 100

IBM Big Data Hub

MAY 23, 2023

The review report demonstrates to its clients, partners and other interested parties that IBM Cloud services have implemented and adhere to the technical, administrative and physical control requirements of IBM Cloud Framework for Financial Services. What is the IBM Cloud Framework for Financial Services?

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Financial Services Cloud Compliance Risk 65

Security Affairs

JUNE 11, 2023

Microsoft researchers warn of banking adversary-in-the-middle (AitM) phishing and BEC attacks targeting banking and financial organizations. Microsoft discovered multi-stage adversary-in-the-middle (AiTM) phishing and business email compromise (BEC) attacks against banking and financial services organizations.

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Phishing Financial Services Passwords Authentication 246

Security Affairs

MARCH 19, 2022

. “AvosLocker is a Ransomware as a Service (RaaS) affiliate-based group that has targeted victims across multiple critical infrastructure sectors in the United States including, but not limited to, the Financial Services, Critical Manufacturing, and Government Facilities sectors. Disable unused ports.

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Ransomware Passwords Encryption Financial Services 302

Thales Cloud Protection & Licensing

OCTOBER 24, 2024

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.

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Cybersecurity Financial Services Encryption Compliance 62

Thales Cloud Protection & Licensing

JANUARY 16, 2024

Key recommendations for Financial Services to improve cybersecurity and resilience in multi-clouds madhav Wed, 01/17/2024 - 05:46 The Digital Operational Resilience Act (DORA) will apply to the EU financial sector from 17 January 2025. As set out in its Article 2, DORA applies to the entire financial services sector.

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Financial Services Cloud Cybersecurity Encryption 83

HL Chronicle of Data Protection

APRIL 17, 2020

Continuing its focus on COVID-19’s impact on its regulated entities, on April 13, the New York Department of Financial Services (NYDFS) released new cybersecurity guidance in response to the COVID-19 pandemic. However, this shift has created new cybersecurity vulnerabilities and expanded the endpoints that criminals can target.

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Financial Services Risk Cybersecurity Phishing 75

Security Affairs

MARCH 29, 2022

Earmarked by the FBI as a particular threat to the financial service industry just over a year ago, the increase of internet traffic, data breaches and API usage all contribute to the perfect conditions for successful credential stuffing attacks. Here’s what you need to know about how they work, and how you can stay safe. .

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IT Passwords Authentication Data Privacy 246

Security Affairs

FEBRUARY 18, 2019

The new variant is being spread via spam emails that pose as tax-incentive notification purporting to be from the financial services company Deloitte. Using the settings the module could retrieve an array of useful information, including host name, user name, and the private key files used for authentication.

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Passwords Financial Services Encryption Authentication 252

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.

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Financial Services Government Authentication IT 358