Scores of US credit unions offline after ransomware infects backend cloud firm Trellance
The Register reports: Read more at The Register.
BlackCat claims it is behind Fidelity National Financial ransomware shakedown
Americans who hoped to close on home sales this week may have had their hopes dashed by an attack on Fidelity National Financial. The Register reports: Fortune 500 insurance biz Fidelity National Financial (FNF) has confirmed that it has fallen victim to a “cybersecurity incident.” The announcement came in the form of an 8-K filing […]
How Hackers Are Using AI To Steal Your Bank Account Password
GO Banking reports: Information theft is far from a novel issue. Since the internet exploded in the early 2000s, hackers have taken advantage of security loopholes to infiltrate devices and siphon vital information that puts your finances and safety at risk. But a recent study released in August highlights a chilling new way hackers use AI to […]
And Then There Were Three: Two More Financial Firms Attacked by LockBit3.0
Bloomberg reports: The criminal ransomware gang behind the recent attack on the Industrial & Commercial Bank of China Ltd. has claimed responsibility for two more hacks on US financial firms. The Lockbit gang added the Chicago Trading Company and Alphadyne Asset Management this week to a list of victims on its darkweb page. The gang has given them deadlines to make […]
Hacking Gang Behind Attack on Largest Global Lender Says It Got Ransom Payment
Bloomberg reports: The hacking group behind a recent ransomware attack on the largest global lender, Industrial & Commercial Bank of China Ltd., said it received a ransom payment. A representative for the group, called LockBit, confirmed the payment on Monday but declined to provide further details. Bloomberg News wasn’t able to verify the gang’s claim, and […]
NY Financial Regulator Rolls Out Updated Cybersecurity Standards
Bloomberg reports: New York regulators assigned heightened cybersecurity requirements to banks, insurers, and financial services providers based in the state with the release of finalized rule amendments Wednesday. Covered entities will have to use multifactor authentication, expand cybersecurity governance duties, and conduct consistent threat testing under the regulation updated by the New York Department of Financial Services. […]
Flagstar Bank third-party breach affects more than 800,000 customers
Bleeping Computer reports Flagstar Bank in Michigan is notifying 837,390 customers whose personal information, including Social Security numbers, was acquired by the Clop hacking gang in May. The breach was not of Flagstar’s systems but at FISERV, a vendor they use for payment processing and mobile banking services. FISERV was one of thousands of entities […]