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Financial Services Organizations Need to Adapt their Security Practices to the Shifting Environment

Thales Cloud Protection & Licensing

Financial Services Organizations Need to Adapt their Security Practices to the Shifting Environment. Thu, 11/05/2020 - 06:52. Even “traditional banks” seek to drive more revenue from digital products, personalized services and experiences. Labelled Industry 4.0, Weak security practices lead to data breaches.

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Operation Cronos: law enforcement disrupted the LockBit operation

Security Affairs

A joint law enforcement action, code-named Operation Cronos, conducted by law enforcement agencies from 11 countries has disrupted the LockBit ransomware operation. “We can confirm that Lockbit’s services have been disrupted as a result of International Law Enforcement action – this is an ongoing and developing operation.

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

Security Affairs

” In February, a joint law enforcement action code-named Operation Cronos conducted by law enforcement agencies from 11 countries temporarily disrupted the LockBit ransomware operation. . LockBit had a bespoke data exfiltration tool, known as Stealbit, which was used by affiliates to steal victim data.

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More details about Operation Cronos that disrupted Lockbit operation

Security Affairs

Yesterday, a joint law enforcement action, code-named Operation Cronos , conducted by law enforcement agencies from 11 countries disrupted the LockBit ransomware operation. We can confirm that Lockbit’s services have been disrupted as a result of International Law Enforcement action – this is an ongoing and developing operation.

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

Security Affairs

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. LockBit had a bespoke data exfiltration tool, known as Stealbit, which was used by affiliates to steal victim data. reads the NCA’s announcement. “The

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Mysterious custom malware used to steal 1.2TB of data from million PCs

Security Affairs

million Windows systems between 2018 and 2020. million files and 26 million credentials, 11 million unique email addresses, and 2 billion web login cookies, researchers pointed out that 22% of the web login cookies were still valid at the time of the discovery of the archive. terabyte of stolen data. The database includes 6.6

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Cloud, Intelligent Content Services, and Digital Fragility: What’s on the RIM Horizon for 2020

ARMA International

in 2017), with the remainder reporting into senior administrative roles, compliance, corporate services, or finance teams. For 2019, 34% of RIM professionals reported they had restructured their programs, with an additional 31% planning to do so into 2020. Government topped the list of vertical industries at 23%.