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Defending Financial Services Against Fraud in a Shifting Cyber Landscape

Thales Cloud Protection & Licensing

Defending Financial Services Against Fraud in a Shifting Cyber Landscape sparsh Tue, 11/14/2023 - 05:05 As we approach International Fraud Awareness Week during 12-18 November 2023, taking stock of the evolving threat landscape and the vulnerabilities that financial services organizations face is crucial.

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Operation Cronos: law enforcement disrupted the LockBit operation

Security Affairs

An international law enforcement operation codenamed ‘Operation Cronos’ led to the disruption of the LockBit ransomware operation. A joint law enforcement action, code-named Operation Cronos, conducted by law enforcement agencies from 11 countries has disrupted the LockBit ransomware operation. on January 5, 2020.

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Nissan Oceania data breach impacted roughly 100,000 people

Security Affairs

The ransomware attack that hit the systems of Nissan Oceania in December 2023 impacted roughly 100,000 individuals. Nissan Oceania, the regional division of the multinational carmaker, announced in December 2023 that it had suffered a cyber attack and launched an investigation into the incident.

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FBI obtained 7,000 LockBit decryption keys, victims should contact the feds to get support

Security Affairs

The FBI is informing victims of LockBit ransomware it has obtained over 7,000 LockBit decryption keys that could allow some of them to decrypt their data. The FBI is inviting victims of LockBit ransomware to come forward because it has obtained over 7,000 LockBit decryption keys that could allow them to recover their encrypted data for free.

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More details about Operation Cronos that disrupted Lockbit operation

Security Affairs

Law enforcement provided additional details about the international Operation Cronos that led to the disruption of the Lockbit ransomware operation. Yesterday, a joint law enforcement action, code-named Operation Cronos , conducted by law enforcement agencies from 11 countries disrupted the LockBit ransomware operation.

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US GOV OFFERS A REWARD OF UP TO $15M FOR INFO ON LOCKBIT GANG MEMBERS AND AFFILIATES

Security Affairs

government offers rewards of up to $15 million for information that could lead to the identification or location of LockBit ransomware gang members and affiliates. According to the press release published by the Department of State , the Lockbit ransomware operators carried out over 2,000 attacks against victims worldwide since January 2020.

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

Data Matters

On 17 January 2023, the new Network and Information Systems Security Directive (“ NIS2 Directive ”), which is aimed at establishing a minimum level of cybersecurity standards across the EU and is set to replace its predecessor (the NIS or “ NIS1 Directive ” ), entered into force.