KnowBe4

MARCH 28, 2023

CyberheistNews Vol 13 #13 | March 28th, 2023 [Eye Opener] How to Outsmart Sneaky AI-Based Phishing Attacks Users need to adapt to an evolving threat landscape in which attackers can use AI tools like ChatGPT to craft extremely convincing phishing emails, according to Matthew Tyson at CSO. "A We must ask: 'Is the email expected?

Phishing 86

Phishing Security awareness Insurance Cybersecurity 86

Security Affairs

DECEMBER 17, 2023

Every week the best security articles from Security Affairs are free for you in your email box. A new round of the weekly SecurityAffairs newsletter arrived! Enjoy a new round of the weekly SecurityAffairs newsletter, including the international press.

Security 80

Security Data breaches Ransomware Artificial Intelligence 80

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. NYDFS also found that Carnival had failed to implement basic protocols to prevent data breaches.

Cybersecurity 115

Cybersecurity Insurance Phishing Financial Services 115

Krebs on Security

SEPTEMBER 29, 2021

In February, KrebsOnSecurity wrote about a novel cybercrime service that helped attackers intercept the one-time passwords (OTPs) that many websites require as a second authentication factor in addition to passwords. An ad for the OTP interception service/bot “SMSRanger.” The 2fa SMS Buster bot on Telegram.

Passwords 319

Passwords Authentication Phishing Access 319

Hunton Privacy

JULY 12, 2021

On June 30, 2021, the New York State Department of Financial Services (“NYDFS,” the “Department”) issued guidance to all New York state regulated entities on ransomware (the “Guidance”), identifying controls it expects regulated companies to implement whenever possible.

Ransomware 102

Ransomware Security Financial Services Cybersecurity 102

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 113

Authentication Phishing Financial Services Passwords 113

Security Affairs

APRIL 20, 2023

In 2022, the ICICI Bank’s resources were named a “critical information infrastructure” by the Indian government – any harm to it can impact national security. However, despite the critical status of bank infrastructure on the national level, the security of crucial data was not ensured. million files belonging to ICICI Bank.

Personal data 97

Personal data Phishing Risk Financial Services 97

The Last Watchdog

DECEMBER 21, 2021

Some 11,800 computer software companies, 10,000 IT services vendors, 5,500 health care organizations and 3,200 financial services firms continue to maintain on-premises Exchange email servers, according to this report from Enlyft. Installing any critical security patches in a timely manner. Database files turn up missing.

Cloud 222

Cloud Financial Services Communications Ransomware 222

Data Protection Report

APRIL 22, 2021

On April 14, 2021, the New York Department of Financial Services (NYDFS) announced a $3 million settlement with insurance company National Securities Corp. NSC’s investigation revealed that the unauthorized access to the employee’s MS O365 account occurred between September 13 and September 18, likely through phishing.

Cybersecurity 94

Cybersecurity Financial Services Phishing Compliance 94

Thales Cloud Protection & Licensing

NOVEMBER 20, 2023

The Verizon 2023 Data Breach Investigations Report reveals that system intrusion, phishing, and web app attacks are the predominant patterns that enable criminals to steal personal and financial information, including credit card data. Behind every system, software, and security protocol stands a human being.

Retail 83

Retail Cybersecurity Financial Services Encryption 83

Security Affairs

DECEMBER 2, 2022

Cybersecurity and Infrastructure Security Agency (CISA) and the Federal Bureau of Investigation (FBI) published a joint advisory that provides technical details about the gang’s operations, including tactics, techniques, and procedures (TTPs) and indicators of compromise (IOCs) associated with Cuba ransomware. ” reads the report.

Ransomware 84

Ransomware Financial Services Manufacturing Phishing 84

Krebs on Security

DECEMBER 27, 2019

-based Synoptek is a managed service provider that maintains a variety of cloud-based services for more than 1,100 customers across a broad spectrum of industries , including state and local governments, financial services, healthcare, manufacturing, media, retail and software. A now-deleted Tweet from Synoptek on Dec.

Ransomware 182

Ransomware IT Phishing Financial Services 182

The Last Watchdog

SEPTEMBER 7, 2022

Healthcare and public health, financial services, and IT organizations are frequent targets, although businesses of all sizes can fall victim to these schemes. The increase in remote workforces and difficulty enforcing security controls with expanding perimeters has played a role in the rise of ransomware. A typical attack.

Ransomware 124

Ransomware Education Phishing Financial Services 124

Data Protection Report

JUNE 2, 2021

On May 13, 2021, the New York Department of Financial Services (NYDFS) announced a $1.8 This matter began when insurance affiliate #1, licensed by NYDFS, discovered a phishing email in September of 2018. Complicating matters, the phishing email also affected affiliate #2, also a NYDFS licensee. The Consent Order.

Cybersecurity 71

Cybersecurity Insurance Financial Services Phishing 71

Hunton Privacy

OCTOBER 24, 2022

On October 18, 2022, the New York State Department of Financial Services (“NYDFS”) announced that EyeMed Vision Care LLC (“EyeMed”) agreed to a $4.5 The NYDFS’s consent order notes that EyeMed’s failure to comply with the Cybersecurity Regulation left EyeMed vulnerable to threat actors.

Cybersecurity 67

Cybersecurity Financial Services Risk Phishing 67

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. Cyberattack Statistics. Ransomware.

Ransomware 145

Ransomware Cybersecurity Phishing Encryption 145

Security Affairs

DECEMBER 26, 2018

Researchers at Menlo Labs uncovered a malicious email campaign targeting employees of banks and financial services companies abusing Google Cloud Storage. With this attack scheme, threat actors are able to bypass security controls in place within targeted organizations. ” Menlo Labs concludes. ” Menlo Labs concludes.

Cloud 91

Cloud Financial Services Archiving Phishing 91

Data Protection Report

FEBRUARY 8, 2022

The latter is the 2019 data security law known as the Stop Hacks and Improve Electronic Data Security (SHIELD) Act. EyeMed blocked the threat actor’s access on July 1. EyeMed was aware of the importance of MFA to reasonable data protections, having required MFA for years before the attack for users to access EyeMed’s VPN.

Passwords 98

Passwords Financial Services Authentication Insurance 98

Security Affairs

MARCH 19, 2022

. “AvosLocker is a Ransomware as a Service (RaaS) affiliate-based group that has targeted victims across multiple critical infrastructure sectors in the United States including, but not limited to, the Financial Services, Critical Manufacturing, and Government Facilities sectors. ransomware and phishing scams).

Ransomware 97

Ransomware Passwords Encryption Financial Services 97

Security Affairs

AUGUST 7, 2019

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.

Insurance 86

Insurance Data breaches Financial Services Passwords 86

eSecurity Planet

FEBRUARY 11, 2022

Some organizations such as financial services firms and healthcare organizations, have regulatory concerns in addition to business concerns that need to be addressed in a cybersecurity risk management system. Read more : Top Database Security Solutions for 2022. Maintaining Regulatory Compliance. Risk-Reward Calculation.

Risk 144

Risk Cybersecurity Encryption Access 144

The Last Watchdog

NOVEMBER 13, 2018

And innovation is percolating among newer entrants, like PerimeterX, Shape Security and Signal Sciences. This week a new entrant in this field, Cequence Security , formally launched what it describes as a “game-changing” application security platform. Shifting security challenge.

Security 140

Security Digital transformation B2C B2B 140

Security Affairs

MARCH 24, 2021

We notified FBS of the breach so they could take appropriate action to secure the data. They got back to us a few days later and secured the server within 30 minutes. Despite containing very sensitive financial data, the server was left open without any password protection or encryption. Scams, Phishing and Malware.

Passwords 122

Passwords Phishing Authentication Access 122

Rocket Software

AUGUST 17, 2020

Depending on what industry you’re in, your approach to security may be very different. For some sectors, like finance, security and data protection are top of mind for everything that is done. Financial services organizations typically experience the most data breaches and hacks, which makes security a priority.

Authentication 52

Authentication Financial Services Passwords Insurance 52

Data Matters

MARCH 28, 2022

OCR concludes most cyber-attacks could be prevented or substantially mitigated if HIPAA covered entities and business associates implemented HIPAA Security Rule requirements to address the most common types of attacks. implement a security awareness and training program for all workforce members pursuant to the HIPAA Security Rule.

Cybersecurity 88

Cybersecurity Privacy Insurance Risk 88

Data Protection Report

OCTOBER 24, 2022

On October 18, 2022, the New York Department of Financial Services announced a settlement with EyeMed, a licensed life, accident, and health insurer, with respect to a security incident that occurred in 2020. EyeMed blocked the threat actor’s access on July 1. The settlement requires EyeMed to pay $4.5 Background.

Cybersecurity 52

Cybersecurity Personal data Risk Financial Services 52

Security Affairs

JANUARY 13, 2019

Proofpoint analyzed two strains of malware tracked as ServHelper and FlawedGrace distributed through phishing campaigns by the TA505 crime gang. Security researchers at Proofpoint researchers discovered two strains of malware tracked as ServHelper and FlawedGrace distributed through phishing campaigns by the TA505 crime gang.

IT 91

IT Financial Services Retail Ransomware 91

Security Affairs

NOVEMBER 16, 2020

North Korea-linked Lazarus APT group is behind new campaigns against South Korean supply chains that leverage stolen security certificates. . Security experts from ESET reported that North-Korea-linked Lazarus APT (aka HIDDEN COBRA ) is behind cyber campaigns targeting South Korean supply chains. ” Pierluigi Paganini.

Financial Services 102

Financial Services Phishing Government Security 102

eSecurity Planet

NOVEMBER 16, 2021

Bad actors are increasingly using a technique called HTML smuggling to deliver ransomware and other malicious code in email campaigns aimed at financial services firms and other organizations, according to Microsoft researchers. This is a major headache for security product vendors. See also: How to Prevent Ransomware Attacks.

Ransomware 122

Ransomware Education Phishing Passwords 122

Krebs on Security

OCTOBER 7, 2022

who in April 2022 opened an investigation into fraud tied to Zelle , the “peer-to-peer” digital payment service used by many financial institutions that allows customers to quickly send cash to friends and family. Elizabeth Warren (D-Mass.), Bank , and Wells Fargo.

Passwords 262

Passwords Financial Services IT Phishing 262

Security Affairs

JANUARY 27, 2022

Millions of customers of large businesses have been left vulnerable to identity theft, thanks to a security flaw that exposes their personal data to illicit download. Among those affected are clients of Europcar, a vehicle rental service, and FxPro, a trading platform. ” -Mikail Tunç, a security researcher.

Personal data 87

Personal data Phishing Data breaches Passwords 87

IT Governance

AUGUST 26, 2021

For example, financial services firms may be worried about employees breaching insider trading laws. More broadly, organisations may fear that employees are misappropriating sensitive information or gaining unauthorised access to certain parts of their database. Preventing data breaches.

Compliance 119

Compliance Data breaches Privacy Risk 119

KnowBe4

FEBRUARY 14, 2023

The first phishing campaigns have already been sent and more will be coming that try to trick you into clicking on a variety of links about blood drives, charitable donations, or "exclusive" videos. I talk often about the back-and-forth that exists between cybercriminal groups and security vendors.

Phishing 84

Phishing Security awareness Compliance Risk 84

DLA Piper Privacy Matters

APRIL 2, 2020

In recent weeks, the Department of Justice , Federal Bureau of Investigation and the Department of Homeland Security have issued alerts warning of malicious cyber activity related to COVID-19. Various laws and best practices speak of the need to train network users on the latest security best practices. Awareness and Training.

Cybersecurity 52

Cybersecurity Phishing Authentication Access 52

Ascent Innovations

MAY 17, 2018

The utilities and energy industries experienced high indicators of attack activity, suggests that attackers have access to critical infrastructure and are waiting to exploit this access. Email phishing remains the top malware delivery mechanism. Healthcare IoT. The damage potential is high if those devices are compromised.

Energy and Utilities 40

Energy and Utilities IoT Mining Financial Services 40

eSecurity Planet

AUGUST 22, 2023

And breaches will occur – because bad guys make a living by figuring out ways to circumvent security best practices. Prioritize Data Protection The downfall of many security strategies is that they become too general and too thinly spread. But it requires different levels of security.

Data breaches 98

Data breaches Big data Cybersecurity Security 98

IT Governance

JANUARY 10, 2018

Cyber attacks have become more sophisticated and attackers use a variety of tactics: Social engineering: manipulation through phishing, vishing, smishing, etc. Security in the Digital World outlines these tactics in more detail and looks at how you can protect your organisation. Ransomware, including Petya , WannaCry and NotPetya.

Customer Experience 84

Customer Experience Financial Services GDPR Phishing 84