Information Security
Privacy watchdog releases damning report into massive Desjardins data breach
A data breach at Desjardins – the largest ever in the Canadian financial services sector – was caused by a series of gaps in administrative and technological safeguards, according to an investigation by the Office of the Privacy Commissioner of Canada (OPC).
Cost of cybercrime to exceed $1trn in 2020
The worldwide move to remote home working has contributed to a massive rise in cybercrime costs which are expected to top $1trn for the very first time this year.
Sopra Steria falls victim to ransomware attack
European IT services group Sopra Steria is battling a suspected ransomware attack on its network.
Chile's BancoEstado shuts down branch network after ransomware attack
Chilean bank BancoEstado closed all of its branches on Monday in response to a ransomware attack over the weekend.
Ticketmaster find £1.25m over data breach that led to fraud on thousands of cards
Ticketmaster has been fined £1.25 million over a 2018 data breach which saw the payment details of millions of people compromised, with tens of thousands of cards subjected to known fraud.
FSB publishes cyber incident and response recovery toolkit
The Financial Stability Board is urging banks and regulators to use a newly-launched toolkit to help contain the damage inflicted by a major cyber incident.
US warns North Korean hackers are back
US authorities are warning that a North Korean-controlled hacking team called the BeagleBoyz has stepped up its attacks on banks around the world, attempting multiple fraudulent money transfers and ATM cash outs.
CommBank throws support behind Schools Cyber Security Challenge
Source: CommBank
Commonwealth Bank has partnered with the Australian Computing Academy (ACA) to help educate children as young as 10 years of age about cyber security.
Verimatrix reports data breach
Source: Verimatirx
Verimatrix (Euronext Paris: VMX) today announced that it has been targeted by a sophisticated cyber attack, that led to a data breach which was confirmed on Friday, October 9, 2020.
NZX crashes for third day in a row
The New Zealand stock exchange has crashed for the third day in a row under the weight of a concerted Distributed Denial of Service attack.
Sopra Steria laid low by Ryuk Ransomware
Sopra Steria says it will take a number of weeks to restore its systems to full operating capacity after confirming an attack by hackers using a new version of Ryuk ransomware.
Bank of England admits failings in security breach
The Bank of England (BoE) has conceded that it could have moved more quickly to identify a security breach that allowed hedge funds to gain unauthorised access to press briefings and hear about sensitive market information ahead of their rivals.
Experian handed over the details of 24 million SA consumers to a fraudster
Credit brueau Experian has suffered a data breach that exposed the personal details of 24 million South African consumers and almost 800,000 businesses.