European Central Bank Initiates Cyber Resilience Stress Tests on Banking Sector
The European Central Bank is set to conduct its inaugural thematic stress tests focused on evaluating the cyber resilience of individual banks. These tests, involving 109 supervised banks, will simulate a scenario where a cyberattack successfully disrupts the daily business operations of each bank.
Kroll Reveals Further Details on August Data Breach
Kroll, a prominent risk and financial advisory company, has provided additional insights into the data breach that occurred in August, exposing the personal information of FTX bankruptcy claimants. The breach, previously reported, compromised sensitive details, including coin holdings and balances, potentially enabling malicious actors to identify and target individuals heavily invested in cryptocurrency markets.
Cleafy revamps banking security to deal with pressing malware threats
Source: Cleafy
In the ever-evolving landscape of banking and financial security, new malware variants poses a significant and imminent challenge.
Cybersecurity Breach Impacts Dozens of US Credit Unions
On November 26, an isolated cybersecurity incident struck Ongoing Operations, a unit of Trellance, impacting the operations of approximately 60 credit unions that are clients of the firm. In response to the incident, the vendor, Ongoing Operations, promptly took action and initiated an investigation. The company also informed federal law enforcement about the cyber attack.
Sophisticated Hotel Booking Scam Targets Booking.com Users
Scammers have devised a sophisticated hotel booking scam by hijacking Booking.com accounts, prompting guests to share their payment card information. Researchers from Secureworks warned that customers received deceptive emails or in-app messages, appearing to be from hotel owners, requesting payment details for upcoming stays.
Cybersecurity Incident Disrupts Fidelity National Financial's Services: Investigation Underway
"Fidelity National Financial Faces Business Disruption Due to Cybersecurity Incident.
ICBC's US Unit Faces Ransomware Attack: Global Banking Giants Urged to Bolster Cyber Defenses
On Thursday, the US division of Industrial and Commercial Bank of China (ICBC) fell victim to a ransomware assault, compelling clients to redirect certain trades. ICBC Financial Services, the US arm of the globe's largest lender, acknowledged the incident on its website, stating it had encountered a ransomware attack causing disruption to specific FS systems.
Cyber Monks opens cyber security shopping mall in partnership with Mastercar
Source: Cyber Monks
Cyber Monks, a well-established managed security services distributor, has joined forces with Mastercard to launch the first cyber marketplace aiming to simplify the acquisition of cybersecurity solutions, ensuring that they are tailored to address the unique challenges faced by small and medium-sized enterprises.
