City Union Bank, the Indian bank, disclosed this past weekend that it was hacked — with bad guys transferring close to $2 million. According to a report in Reuters, the close to $2 million was the result of three unauthorized remittances to lenders. The transfers...
Hackers have been using trending topics, such as FIFA 2018 and bitcoin, to trick users into offering up their personal information. That’s according to Kaspersky Lab’s “Spam and Phishing in 2017” report, which found the bad guys have been using trending topics to trick people...
Financial services firms, above any other industry, rack up the most in damages following a cyberattack, a new report from Accenture and Ponemon Institute found. Business Wire said the rate of data breaches targeted at financial services companies has tripled over the past five years....
Following a malware attack that allowed “unauthorized parties” to access customer credit card information, off-price retailer National Stores is seeking to prevent fraudulent activity and improve the security of its point-of-sale (POS) systems, the company said in an announcement. “We have been working closely with...
Fake landing pages are spoofing websites for popular cryptocurrency exchange desks, TheNextWeb reports. The pages, which are meant to look like legitimate websites for exchanges such as Binance, actually only contain affiliate links programmed to forward visitors to the real exchange websites. While the Binance...
A British cybersecurity firm believes that North Korean hackers are responsible for a recent cyberheist in Taiwan, which targeted the global SWIFT messaging system. “The likely culprit is [North Korean hacking group] Lazarus,” Adrian Nish, cyber-intelligence chief at BAE Systems, told Reuters. BAE, along with Russia’s Kaspersky...
Equifax, the embattled credit reporting company, was under pressure in Thursday (Oct. 12) trading after rumors began to circulate about a potential new data breach. Those rumors (see update below) turned out to be largely incorrect — but news reports on CNBC indicated that Equifax had said it removed its...
A court in Beijing handed down a life sentence for the mastermind behind the $9 billion Ezubao financial Internet scam and sentenced 26 others to jail time. According to a Reuters news report, the Tuesday (Sept. 12) sentencing brings to a close one of the...
Cybercriminals have created a new, realistic-looking phishing campaign targeting Amazon Prime customers, which not only gains access to a customer’s account, but could also infect their computer or mobile device with malware. Mass emails that appear to come from Amazon are being sent out, thanking customers...
