Data Breach Today

JULY 30, 2024

Tighter Security Controls Help Stop Fraud, But Fake IDs and Web Scraping Are Rising Account takeover fraud in the financial services industry is declining in contrast with other industries such as retail and hospitality.

Financial Services 162

Financial Services Retail Authentication Cybersecurity 162

Data Breach Today

MARCH 8, 2023

An Estimated 600,000 Customers Affected by Breach Records of more than half a million customers of a lending service owned by India's largest private sector bank are apparently downloadable for free on a criminal data breach forum. HDFC Bank says it detected a data breach at one of its service providers that processes customer information.

Financial Services 260

Financial Services Data breaches IT 260

Security Affairs

OCTOBER 14, 2024

US-based financial services company Fidelity Investments warns 77,000 individuals of a data breach that exposed their personal information. based financial services company Fidelity Investments is notifying 77,099 individuals that their personal information was compromised in an August cyberattack.

Data breaches 330

Data breaches Financial Services Access Security 330

AIIM

NOVEMBER 14, 2024

Particularly useful in the printing, financial services, banking, insurance and healthcare industries, these solutions automate traditionally manual and time-consuming document tasks, drastically reducing onboarding times and errors.

Financial Services 211

Financial Services Insurance Artificial Intelligence 211

Thales Cloud Protection & Licensing

OCTOBER 14, 2024

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. Nearly two-thirds (64%) of FinServ said it’s more complex to secure data in the cloud than on-prem, compared to 55% of general respondents.

Financial Services 62

Financial Services Cloud Compliance Authentication 62

Data Breach Today

MAY 5, 2022

(..)

Financial Services 236

Financial Services 236

KnowBe4

NOVEMBER 7, 2023

The NYDFS’ 23 NYCRR Part 500 has been updated to reflect the current preventative and responsive measures necessary for Financial Services org to be ready for cyber attacks.

Financial Services 119

Financial Services Cybersecurity Security awareness Security 119

KnowBe4

FEBRUARY 2, 2024

Analysis of 2023 attacks shows how the financial services industry had a very bad year, with increases in both vendor email compromise (VEC) and business email compromise (BEC) attacks, targeting millions of dollars using very specific methods.

Financial Services 119

Financial Services Security awareness Security 119

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.

Financial Services 104

Financial Services Blockchain Encryption Cloud 104

Data Breach Today

OCTOBER 16, 2021

TA505 APT Group delivers phishing email containing malicious links Researchers at Morphisec Labs have published fresh details about a new MirrorBlast campaign that they say is run by a Russia-based threat group TA505, targeting financial services organizations.

Financial Services 345

Financial Services Phishing 345

Data Breach Today

NOVEMBER 22, 2024

Also: Highlights from ISMG's Financial Services Summit and Key Insights on AI Adoption On the 200th episode of the ISMG Editors' Panel, the team discussed the major China-linked cyberespionage campaign targeting U.S.

Financial Services 264

Financial Services 264

Security Affairs

APRIL 28, 2024

ICICI Bank Limited is an Indian multinational bank and financial services company headquartered in Mumbai. It offers a wide range of banking and financial services for corporate and retail customers. The bank has a network of 6000 branches, and 17000 ATMs across India and has a presence in 17 countries.

Financial Services 340

Financial Services Retail IT Information Security 340

Data Breach Today

MAY 29, 2023

UK Financial Services Firms Record $1.5 Billion in Losses Last Year Due to Fraud Losses to fraud reported by Britain's financial services sector exceeded $1.5 billion in 2022, declining by 8% from 2021, says trade association UK Finance.

Financial Services 282

Financial Services 282

Data Breach Today

MAY 1, 2020

Top Victims Include Financial Services and Law Firms, Group-IB Warns A sophisticated, highly targeted phishing campaign has hit high-level executives at more than 150 businesses, stealing confidential documents and contact lists, says security firm Group-IB.

Phishing 334

Phishing Financial Services Security 334

Data Breach Today

JULY 4, 2023

Cloud Adoption in Financial Services has Soared - as Has Security Risk Financial services organizations face unique cloud security challenges, due to special regulatory, data security and privacy considerations that don't necessarily apply to other industries.

Risk 270

Risk Financial Services Cloud Privacy 270

Data Breach Today

APRIL 1, 2024

Prove's Mary Ann Miller on Strategies for Stronger ID Verification The banking and financial services industry will see a growth in scams and frauds perpetrated through fake businesses, incentivizing bad actors to continue creating these fraudulent entities, said Mary Ann Miller, a fraud and cybercrime executive advisor with Prove.

Financial Services 286

Financial Services 286

Data Breach Today

OCTOBER 17, 2024

Agency Details AI Cybersecurity Risks, Prevention, Mitigation Strategies Financial regulators with the state of New York on Wednesday published guidance to help organizations identify and mitigate cybersecurity threats related to artificial intelligence.

Artificial Intelligence 285

Artificial Intelligence Financial Services Cybersecurity Risk 285

Krebs on Security

DECEMBER 10, 2020

TSYS provides payment processing services, merchant services and other payment solutions, including prepaid debit cards and payroll cards. In 2019, TSYS was acquired by financial services firm Global Payments Inc. NYSE:GPN ].

Ransomware 359

Ransomware Financial Services Access IT 359

Data Breach Today

JANUARY 10, 2024

Million Customers Notified of Breach; BlackCat Ransomware Group Claimed Credit Financial services giant Fidelity National Financial has confirmed that a November 2023 hack attack compromised personal information pertaining to 1.3 million customers of its LoanCare subsidiary.

Financial Services 308

Financial Services Ransomware IT 308

Data Breach Today

MARCH 31, 2022

It also examines the invasion's impact on financial services and how to modernize security operations. This edition analyzes how hackers exploited a misconfigured VPN device, gained access to Viasat's satellite network and caused a massive outage in Europe as Russia's invasion of Ukraine began.

Financial Services 300

Financial Services Access Security IT 300

Security Affairs

AUGUST 20, 2024

In December 2023, Toyota Financial Services (TFS) warned customers it had suffered a data breach that exposed sensitive personal and financial data. Toyota Financial Services (TFS) is the finance arm of the Toyota Motor Corporation.

Data breaches 293

Data breaches Financial Services Archiving Passwords 293

Data Breach Today

MAY 28, 2020

Google: Hackers Using COVID-19 Phishing Themes to Target Businesses "Hack-for-hire" groups operating in India are spoofing World Health Organization emails to steal credentials from financial services and healthcare firms around the world, according to Google's Threat Analysis Group.

Financial Services 290

Financial Services Phishing 290

WIRED Threat Level

JUNE 1, 2024

Data breaches at Ticketmaster and financial services company Santander have been linked to attacks against cloud provider Snowflake. Researchers fear more breaches will soon be uncovered.

Data breaches 254

Data breaches Financial Services Cloud Security 254

Data Breach Today

MAY 30, 2023

UK Financial Services Firms Record $1.5 Billion in Losses Last Year Due to Fraud Losses to fraud reported by Britain's financial services sector exceeded $1.5 billion in 2022, declining by 8% from 2021, says trade association UK Finance.

Financial Services 250

Financial Services 250

Data Breach Today

NOVEMBER 10, 2023

The LockBit Ransomware Operation May Have Exploited Citrix Bleed A ransomware attack affecting the New York financial services subsidiary of the Industrial and Commercial Bank of China resulted in disruptions to the U.S. Close observers of the criminal underground say ransomware-as-a-service group LockBit is responsible.

Ransomware 293

Ransomware Financial Services Marketing 293

Data Breach Today

AUGUST 7, 2023

Scammers Used Malware and Spoofed Domain Name to Trick UK Financial Services Firm A Nigerian national has pleaded guilty to participating in a business email compromise scheme that stole $1.25 million from a Boston investment firm.

Financial Services 246

Financial Services 246

Data Breach Today

JULY 4, 2023

Cloud Adoption in Financial Services has Soared - as Has Security Risk Financial services organizations face unique cloud security challenges, due to special regulatory, data security and privacy considerations that don't necessarily apply to other industries.

Risk 243

Risk Financial Services Cloud Privacy 243

Data Breach Today

JANUARY 4, 2024

Genpact VP of Payments Kristine Demareski on Harnessing Generative AI There are many potential uses for generative AI at financial services firms, but few are more promising than those in the areas of risk and fraud, said Kristine Demareski, vice president of payments at Genpact, which is already harnessing AI to increase efficiencies in analysts' (..)

Risk 289

Risk Financial Services 289

KnowBe4

OCTOBER 4, 2024

Industry analysis of the domains used behind phishing and brand impersonation attacks show financial institutions are being leveraged at an alarming rate.

Financial Services 119

Financial Services Phishing 119

Security Affairs

NOVEMBER 20, 2021

According to the Reuters , the banking industry had successfully completed a massive cross-industry cyber security drill to test the response to a ransomware attack that threatens to disrupt a range of financial services. Follow me on Twitter: @securityaffairs and Facebook. Pierluigi Paganini. SecurityAffairs – hacking, U.S.

Cybersecurity 363

Cybersecurity Financial Services Insurance Ransomware 363

Data Breach Today

FEBRUARY 18, 2021

New York Warns of Theft of Consumers' Information Hackers are targeting vulnerabilities in websites offering instant quotes - especially those that provide auto insurance rates - to steal consumers' information, according to an alert from the New York State Department of Financial Services.

Financial Services 264

Financial Services Insurance 264

Data Breach Today

OCTOBER 19, 2020

Researcher Finds Unsecure Elasticsearch Database Cluster Accessible via the Internet A security researcher recently discovered an unsecure Elasticsearch database cluster exposed on the internet that contained transcripts of sensitive voicemail messages, including some for medical clinics and financial service companies.

Financial Services 264

Financial Services Access Security 264

Data Breach Today

DECEMBER 31, 2020

Financial services commentator Chris Skinner explains why state governments and AML concerns are to blame. Facebook's relaunch and rebrand of its Libra digital payment initiative as Diem is seen by some as a shadow of its former self.

Financial Services 263

Financial Services Government IT 263

KnowBe4

SEPTEMBER 28, 2023

A recent panel discussion of banking CISOs and experts at the SIBOS conference focused on the current state of ransomware and what institutions should do to protect themselves.

Financial Services 124

Financial Services Ransomware Security awareness Phishing 124

Security Affairs

JANUARY 23, 2024

Financial services company LoanDepot disclosed a data breach that impacted roughly 16.6 LoanDepot is a financial services company that primarily operates as a mortgage lender. The company provides a range of mortgage and non-mortgage loan products and services. million individuals. million individuals.

Data breaches 333

Data breaches Financial Services Cybersecurity Ransomware 333

Security Affairs

APRIL 30, 2020

Security experts from Cybereason Nocturnus team discovered a new piece of Android malware dubbed EventBot that targets banks, financial services across Europe. Researchers from Cybereason Nocturnus team discovered a new piece of Android malware dubbed EventBot that targets banks, financial services across Europe.

Financial Services 358

Financial Services Libraries Encryption Authentication 358

Security Affairs

SEPTEMBER 5, 2021

“Pacific City Bank provides outstanding banking and financial services for businesses and consumers. On Saturday, September 4, 2021, the ransomware gang added the bank to its leak site and published some screenshots as proof of the hack. The cybercriminals defined the security implemented by the bank terrible.

Ransomware 340

Ransomware Financial Services Archiving Security 340