Information Security

The details of more than 200,000 Visa and Mastercard cards were stolen during the recent cyber-breach at credit referencing firm Equifax. Visa and Mastercard have been sending out confidential alerts - seen by security blogger Brian Krebs - to financial institutions across the US warning about the compromised cards.

Credit referencing firm Equifax has reported a cyber-breach which spilled the personal details of approximately 143 million US consumers. The company says unidentified intruders exploited a US website application vulnerability to gain access to certain files over a three-month period between May and July of this year.

Barely months after coming up for air over the fake accounting scandal, Wells Fargo is facing further scrutiny, this time over a data breach that saw the accounts of 50,000 of its wealthiest clients accidentally leaked to a former employee.

Several Ukrainian banks are understood to have been affected by what appears to be a coordinated ransomware cyberattack targeting firms around the world. The Ukrainian central banks says that a number of banks in the country are "having difficulties with client services", while media reports say that the Kiev metro system is not accepting card payments.

The Securities and Exchange Commission (SEC) must do more to improve its defences against cyber attacks, says the US Government Accountability Office (GAO).

Neustar, Inc. (NYSE:NSR), a trusted, neutral provider of real-time information services, have announced the results from a new survey of 290 security executives from across 11 EMEA countries. Sixty percent of respondents confirmed that the recent global attacks, such as WannaCry, had a direct effect on the way they protect their enterprises.

For the second time in three years, hackers have installed malware on POS systems at US discount chain Kmart and stolen customer credit card data.

Italy's UniCredit says personal financial data of some 400,000 customers who took out loans through the bank have been hijacked by unauthorised third parties.

Imperva, Inc. (NASDAQ: IMPV), committed to protecting business-critical data and applications in the cloud and on-premises, today announced the results of a survey of 310 IT security professionals taken at the Infosecurity Europe trade show. The survey found that when it comes to insider threats, over half (58 percent) of the IT security professionals were deeply concerned not primarily about malicious users, but about careless users who unwittingly put their organization’s data at risk.

In the Nordic region, both businesses and consumers have inadequate IT security. Danske Bank is now attempting to do something about this with its “Keep it safe” project, which is intended to improve IT security in the region by means of concrete advice and tests.

London will cement its place as a world-leader in the fight against cyber attacks and threats with an investment of up to £14.5 million in a new innovation centre to develop the next of generation of cyber security technology to help keep the nation safe.

Britain’s SMEs are shifting the billions spent each year on hiring traditional experts, such as legal and procurement consultants, to leverage the skills required to survive in an increasingly digital world, including those for cybersecurity and new payments technology.

Wonga, a prominent UK payday loan firm, has warned 270,000 of its customers that their accounts may be at risk following a data breach.
The company reportedly discovered the breach last week but only realised that customers' account details were at risk on Friday 7th and then began notifying them the following day. More than 245,000 UK customers have been notified in addition to 25,000 in Poland.

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