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Information Security

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.

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.

Credit brueau Experian has suffered a data breach that exposed the personal details of 24 million South African consumers and almost 800,000 businesses.

Source: Kaspersky

Brazilian cybercriminals, long regarded as some of the most creative malware creators, have begun to take their original malicious programmes outside the country. According to Kaspersky researchers, four advanced banking families—Guildma, Javali, Melcoz and Grandoreiro—have begun targeting users in North America, Europe, and Latin America.

Chilean bank BancoEstado closed all of its branches on Monday in response to a ransomware attack over the weekend.

Capital One has agreed to a $80 million fine from US regulators over a 2019 hack which exposed the personal information of more than 100 million customers and applicants.

South Africa's Postbank has been forced to replace 12 million bank cards after a calamitous security breach that saw the bank's master encryption key printed off in plain, unencrypted language.

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.

American banking app Dave says a data breach at third party provider Waydev has exposed the personal information of its 7.5 million users.

Just under $1.4bn was stolen through various crypto-related scams in the first five months of 2020, according to a report from cyber security firm CipherTrace.

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.

Wells Fargo has banned TikTok from company devices, citing privacy and security concerns with the social media app.

Source: ThetaRay

ThetaRay, a leading provider of AI-based Big Data analytics, has signed an agreement under which Banco Santander will employ ThetaRay’s anti-money laundering (AML) solution for correspondent banking.

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