Security Affairs

DECEMBER 2, 2022

Cuba ransomware gang received more than $60 million in ransom payments related to attacks against 100 entities worldwide as of August 2022. The threat actors behind the Cuba ransomware (aka COLDDRAW, Tropical Scorpius ) have demanded over 145 million U.S. “Since spring 2022, Cuba ransomware actors have expanded their TTPs.

Ransomware 79

Ransomware Financial Services Manufacturing Phishing 79

Security Affairs

JUNE 16, 2023

DoJ charged a Russian national with conspiring to carry out LockBit ransomware attacks against U.S. The Justice Department announced charges against the Russian national Ruslan Magomedovich Astamirov (20) for his role in numerous LockBit ransomware attacks against systems in the United States, Asia, Europe, and Africa.

Ransomware 80

Ransomware Agriculture Education Government 80

Security Affairs

AUGUST 31, 2021

Recently emerged LockFile ransomware family LockFile leverages a novel technique called intermittent encryption to speed up encryption. LockFile ransomware gang started its operations last month, recently it was spotted targeting Microsoft Exchange servers using the recently disclosed ProxyShell vulnerabilities.

Encryption 101

Encryption Ransomware Financial Services Manufacturing 101

IT Governance

SEPTEMBER 30, 2021

By our reckoning, September 2021 saw 97 security incidents comprising 91,127,815 million breached records. This brings the year’s running total to 996 security incidents and 4,132,751,378 records. PA: Penelec customers must reset passwords after security breach (databreaches.net) (0). Ransomware and malware.

Data breaches 111

Data breaches Ransomware Financial Services Privacy 111

Security Affairs

MARCH 19, 2022

The Federal Bureau of Investigation (FBI) reported that AvosLocker ransomware is being used in attacks targeting US critical infrastructure. The Federal Bureau of Investigation (FBI) published a joint cybersecurity advisory warning of AvosLocker ransomware attacks targeting multiple US critical infrastructure.

Ransomware 92

Ransomware Passwords Encryption Financial Services 92

Data Matters

FEBRUARY 10, 2021

On February 4, 2021, the New York Department of Financial Services (NYDFS) issued Circular Letter No. individuals and businesses comply with ransomware payment demands in this October 2020 client alert.) The post New York Department of Financial Services Issues First Guidance by a U.S. Background.

Insurance 79

Insurance Financial Services Cybersecurity Risk 79

Security Affairs

DECEMBER 7, 2023

Nissan already notified the Australian Cyber Security Centre and the New Zealand National Cyber Security Centre. “The Australian and New Zealand Nissan Corporation and Financial Services (“Nissan”) advises that its systems have been subject to a cyber incident. and nissan.co.nz.

Financial Services 107

Financial Services Data breaches Ransomware Access 107

Hunton Privacy

JULY 1, 2022

On June 24, 2022, the New York State Department of Financial Services (“NYDFS” or the “Department”) announced it had entered into a $5 million settlement with Carnival Corp.

Cybersecurity 115

Cybersecurity Insurance Phishing Financial Services 115

Krebs on Security

FEBRUARY 9, 2023

Authorities in the United States and United Kingdom today levied financial sanctions against seven men accused of operating “ Trickbot ,” a cybercrime-as-a-service platform based in Russia that has enabled countless ransomware attacks and bank account takeovers since its debut in 2016. Image: Microsoft.

Ransomware 201

Ransomware Government Cybersecurity Blockchain 201

The Last Watchdog

MAY 26, 2022

It is now more important than ever for companies to share cyberattack and ransomware data with the government to ensure that we can defend and prepare much better than before. Ransomware payments must be reported within 24 hours, and all cyber incidents must be declared within 72 hours.

Ransomware 305

Ransomware Government Agriculture Encryption 305

Security Affairs

MARCH 14, 2024

The ransomware attack that hit the systems of Nissan Oceania in December 2023 impacted roughly 100,000 individuals. Nissan immediately notified the Australian Cyber Security Centre and the New Zealand National Cyber Security Centre. reads the statement published by the company on its website.

Data breaches 87

Data breaches Financial Services Ransomware Government 87

Security Affairs

SEPTEMBER 10, 2023

The experts also warn of DDoS attacks used as relatively inexpensive smokescreens for triple extortion ransomware attacks. The attacks on financial institutions often have a larger impact on the overall economy. In fact, over the past four quarters, more than 30% of the DDoS attacks have been aimed at financial services companies.”

Financial Services 118

Financial Services Ransomware Cybersecurity IT 118

The Last Watchdog

DECEMBER 21, 2021

In 2021, on-premises Microsoft Exchange Server mailboxes commanded a 43 percent global market share as compared to 57 percent for cloud Exchange mailboxes, according to this report from Statista. At the moment, ransomware attacks are front and center. Installing any critical security patches in a timely manner.

Cloud 222

Cloud Financial Services Communications Ransomware 222

eSecurity Planet

JUNE 16, 2022

However, basic cybersecurity tools and practices, like patching , strong passwords , and multi-factor authentication (MFA), “can prevent 80 to 90% of cyberattacks,” said Anne Neuberger, deputy national security advisor for cyber and emerging technologies, during a White House press conference in Sept. Ransomware. Types of Cyberattacks.

Ransomware 145

Ransomware Cybersecurity Phishing Encryption 145

Security Affairs

JULY 8, 2021

The American multinational investment bank and financial services firm Morgan Stanley discloses a data breach caused by the hack of an Accellion FTA server of a third-party vendor. The security breach was first reported by BleepingComputer that also shared a copy of the data breach notification letter sent to the impacted customers.

Data breaches 117

Data breaches Encryption Financial Services Access 117

eSecurity Planet

JANUARY 27, 2022

As threats mount from ransomware gangs , Russian-backed hacker groups , and other nation-sponsored attackers and as the growth in remote work makes security management increasingly complicated, many companies are finding it makes sense to turn to a managed security service provider (MSSP) for help with handling an extremely complex threat landscape.

Security 107

Security Cloud Compliance Analytics 107

Data Matters

JUNE 24, 2021

On June 15, 2021, the SEC announced settled charges against First American Title Insurance Company (First American) for disclosure controls and procedures violations related to a cybersecurity vulnerability that exposed sensitive customer information. This resolution highlights the SEC’s continued focus on cybersecurity.

Cybersecurity 68

Cybersecurity Financial Services Risk Compliance 68

Data Matters

MAY 17, 2022

For example: On May 12, 2021, President Biden signed an Executive Order on Improving the Nation’s Cybersecurity. 26,633 (May 12, 2021). Agency (July 19, 2021, revised Aug. Memorandum on Improving the Cybersecurity of National Security, Department of Defense, and Intelligence Community Systems (Jan. 14,028, 86 Fed.

Cybersecurity 97

Cybersecurity Government Authentication Ransomware 97

Security Affairs

SEPTEMBER 1, 2023

EternalBlue is a Windows exploit created by the US National Security Agency (NSA) and used in the 2017 WannaCry ransomware attack. These data packets can contain malware such as a trojan, ransomware, or similar dangerous program. Pro 9600 Windows Server 2021 R2 Standard How to defend against EternalBlue?

Phishing 105

Phishing Ransomware Search queries Access 105

eSecurity Planet

MARCH 26, 2021

The Biggest Ransomware Demand in History. The latest episode in the story is Acer Computer, who fell victim to a ransomware attack. While ransomware attacks have become a ubiquitous event these days, what makes this attack distinctive is the ransom demand itself. . REvil uses the Ransomware 2.0 The Good News.

Ransomware 56

Ransomware Authentication Financial Services Military 56

Data Protection Report

APRIL 9, 2024

On March 27, 2024, the Cybersecurity and Infrastructure Security Agency (“CISA”) published a Notice of Proposed Rulemaking for the Cyber Incident Reporting for Critical Infrastructure Act of 2022 (“CIRCIA”), which imposes new reporting requirements for entities operating in critical infrastructure sectors.

Ransomware 84

Ransomware Agriculture Cybersecurity Government 84

eSecurity Planet

JANUARY 11, 2022

Information security products , services, and professionals have never been in higher demand, making for a world of opportunities for cybersecurity startups. Investors recognize the potential too, as funding for cybersecurity ventures more than doubled from previous years to almost $22 billion in 2021. Abnormal Security.

Cybersecurity 142

Cybersecurity Cloud Compliance Analytics 142

eSecurity Planet

SEPTEMBER 30, 2021

Underground services are cropping up that are designed to enable bad actors to intercept one-time passwords (OTPs), which are widely used in two-factor authentication programs whose purpose is to better protect customers’ online accounts. By using the services, cybercriminals can gain access to victims’ accounts to steal money.

Authentication 111

Authentication Phishing Financial Services Passwords 111

Krebs on Security

DECEMBER 14, 2023

However, in a classic failure of operational security, many of these employees had their MegaPlan account messages automatically forwarded to their real ChronoPay email accounts. ru — sold a variety of consulting services, including IT security assessments, code and system audits, and email marketing. Kink,” “Mr.

Computer and Electronics 232

Computer and Electronics Marketing Sales Healthcare 232

eSecurity Planet

JANUARY 14, 2022

DDoS attacks may only make up a small percentage of security threats, but their consequences can be devastating. And DDoS attackers have adopted a tactic from ransomware groups and are seeking payment from victims and potential victims. The most recent wave happened in December 2021. Key Differentiators. Key Differentiators.

Cloud 124

Cloud IoT Analytics Security 124

eSecurity Planet

OCTOBER 14, 2021

The company was able to fend off the assault with a range of protective measures in Azure’s security arsenal, according to Dahan. In recent years, ransomware has gotten the lion’s share of attention from the highest levels of the tech and security industries as well as the federal government, including the Biden Administration.

IoT 107

IoT Cloud Ransomware Financial Services 107

IT Governance

AUGUST 26, 2021

For example, financial services firms may be worried about employees breaching insider trading laws. Employee monitoring software not only helps track productivity and the possibility of data being misappropriated but also helps your cyber security team spot poor cyber security practices that could result in cyber attacks.

Compliance 119

Compliance Data breaches Privacy Risk 119

KnowBe4

MARCH 28, 2023

Security awareness training still has a place to play here." Email and other elements of software infrastructure offer built-in fundamental security that largely guarantees we are not in danger until we ourselves take action," Tyson writes. Is the email enticing you to click on a link?' I'm being asked to do something here.'"

Phishing 82

Phishing Security awareness Insurance Cybersecurity 82

Hunton Privacy

MARCH 16, 2022

Although the new sanctions and related actions against Russia are top of mind, the recent focus on the role cryptocurrencies and digital assets play in international security is not the only driving force behind the Executive Order. In November 2021, the President’s Working Group released its “ Report on Stablecoins.” explore a U.S.

Risk 86

Risk Marketing Financial Services Government 86

DLA Piper Privacy Matters

MARCH 4, 2021

Security vulnerabilities including hacking, unauthorised access, malware, phishing and ransomware attacks totalled 462 breach notifications. The DPC recommends that organisations: undertake periodic reviews of their IT security measures; implement a comprehensive training plan for employees; and. Financial Services Sector Focus.

GDPR 105

GDPR Compliance Data breaches Marketing 105

eSecurity Planet

JUNE 1, 2021

. “From there, the actor was able to distribute phishing emails that looked authentic but included a link that, when clicked, inserted a malicious file used to distribute a backdoor we call NativeZone,” Tom Burt, corporate vice president of customer security and trust at Microsoft, wrote in a blog post late last week.

Phishing 67

Phishing Cybersecurity Government Authentication 67

KnowBe4

FEBRUARY 14, 2023

[link] Spear Phishing Attacks Increase 127% As Use of Impersonation Skyrockets Impersonation of users, domains and brands is on the rise, as is the use of malicious links, in response to security vendors improving their ability to detect malicious attachments. Blog post with links: [link] Are Your Users Making Risky Security Mistakes?

Phishing 80

Phishing Security awareness Compliance Risk 80

Hunton Privacy

FEBRUARY 25, 2021

As reported on the Hunton Insurance Recovery blog , on February 4, 2021, the New York Department of Financial Services (“NYDFS”), which regulates the business of insurance in New York, has issued guidelines, in the Insurance Circular Letter No.

Insurance 70

Insurance Cybersecurity Risk Education 70

ForAllSecure

APRIL 19, 2023

He died prematurely on April 23 in 2021. CODEN: From 2016 to 2021. CODEN: Basically, the fundamental issue is look at that early Unix and Linux operating systems that were providing these very basic services that are still the the only things we really need from the operating system today. VAMOSI: Michael has quite the pedigree.

Analytics 40

Analytics Communications Computer and Electronics Cybersecurity 40

ForAllSecure

JUNE 16, 2021

APIs are vital in our mobile digital world, but the consequences of API security flaws have yet to be seen. During the pandemic sales of the Home Fitness cycle peloton grew massively, given its popularity, it's natural that security researchers would want to take a look. And we've had our fair share of security concerns with those.

Authentication 52

Authentication Communications IoT Security 52

ForAllSecure

JUNE 16, 2021

APIs are vital in our mobile digital world, but the consequences of API security flaws have yet to be seen. During the pandemic sales of the Home Fitness cycle peloton grew massively, given its popularity, it's natural that security researchers would want to take a look. And we've had our fair share of security concerns with those.

Authentication 52

Authentication Communications IoT Security 52