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Terrorist Activity is Accelerating in Cyberspace – Risk Precursor to Summer Olympics and Elections

Security Affairs

According to experts, one of the key issues is tracking high-risk individuals who may misuse financial services, such as banks, e-commerce platforms, and payment networks, to engage in illegal activities, including money laundering and terrorism financing.

Risk 352
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Akira ransomware gang claims the theft of sensitive data from Nissan Australia

Security Affairs

The Australian and New Zealand Nissan Corporation and Financial Services (“Nissan”) advises that its systems have been subject to a cyber incident. Nissan, a Japanese multinational automaker, operates globally, and its regional divisions manage business activities in specific geographic areas.

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Ransomware infected systems at Xchanging, a DXC subsidiary

Security Affairs

Xchanging employs over 7,000 people worldwide and offers IT outsourcing, infrastructure including network managed services, software products and application management. Securities and Exchange Commission (SEC). The company disclosed the security breach on July 5, but it is not clear when it has discovered the attack.

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Operation Cronos: law enforcement disrupted the LockBit operation

Security Affairs

Since January 2020, affiliates utilizing LockBit have targeted organizations of diverse sizes spanning critical infrastructure sectors such as financial services, food and agriculture, education, energy, government and emergency services, healthcare, manufacturing, and transportation.

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US SEC warns investors of ongoing fraudulent communications claiming from the SEC

Security Affairs

According to the alert issued by the SEC’s Office of Investor Education and Advocacy (OIEA), crooks are contacting investors via phone calls, voicemails, emails, and letters. The Securities and Exchange Commission (SEC) is warning investors of scammers impersonating SEC officials in fraudulent schemes. ” continues the alert.

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Cybersecurity agencies published a joint LockBit ransomware advisory

Security Affairs

The operation targeted many organizations in critical infrastructure sectors, including financial services, food and agriculture, education, energy, government and emergency services, healthcare, manufacturing, and transportation. law enforcement). According to the French ANSSI cybersecurity agency, LockBit 3.0

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GUEST ESSAY: Why internal IT teams are ill-equipped to adequately address cyber risks

The Last Watchdog

Related: The case for augmented reality training Because of this, cybersecurity investments and regulatory oversight are increasing at an astounding rate , especially for those in the financial services industry, bringing an overwhelming feeling to chief compliance officers without dedicated security teams.

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