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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 […]
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. […]
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 […]
