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JPMorgan Chase's Russian Hacker Pleads Guilty

Data Breach Today

financial services firms and others from 2012 to mid-2015. Andrei Tyurin Stole Details of 83 Million Customers During Cybercrime Campaign Russian national Andrei Tyurin pleaded guilty to perpetrating massive hack attacks against leading U.S.

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Integrated Communications & Technologies v.Hewlett-Packard Financial Services Company (D. Mass. Aug. 13, 2020)

eDiscovery Law

Key Insight: Spoliation had occurred, but no default judgment issued. Evidence regarding destruction was allowed, no testimony from plaintiffs regarding unpreserved ESI and adverse inference instruction. Nature of Case: Breach of Contract Electronic Data Involved: Emails and Computers Keywords: adverse inference, sanctions View Case Opinion.

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EU Publishes New NIS2 Cyber Directive Imposing Liability and Obligations on Senior Management

Data Matters

trillion at the end of 2020 (double the figure of 2015) and continues to rise in the EU and globally notably due to ongoing geopolitical conflicts in Ukraine and Russia.

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The G7 expresses its concern over ransomware attacks

Security Affairs

Not only can the financial costs be high, but the disruption to critical sectors, including financial services and healthcare, as well as the exposure of confidential information, can cause severe damage.” “The G7 is committed to working with our financial sectors to combat ransomware. Pierluigi Paganini.

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EventBot, a new Android mobile targets financial institutions across Europe

Security Affairs

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.

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Hackers target financial firms hosting malicious payloads on Google Cloud Storage

Security Affairs

Researchers at Menlo Labs uncovered a malicious email campaign targeting employees of banks and financial services companies abusing Google Cloud Storage. “Financial Services companies can expect to be the target of even more sophisticated malware and credential phishing attacks,”. ” Menlo Labs concludes.

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American Insurance firm State Farm victim of credential stuffing attacks

Security Affairs

The American group of insurance and financial services companies State Farm disclosed a credential stuffing attack it has suffered in July. The American group of insurance and financial services companies State Farm revealed that it was the victim of a credential stuffing attack it has suffered in July. billion per month.