Do you need yet another reminder of the insider threat? Today’s example is from Brazil and involves an employee of a bank’s software vendor. CoinTelegraph reports: C&M Software, the service provider that connects Brazil’s Central Bank to local banks and other financial institutions, was hacked on Wednesday, leading to 800 million Brazilian reais ($140 million),…
Category: Financial Sector
Cyberattacks Disrupt Iran’s Bread Distribution, Payments Remain Frozen
IranWire reports: Iran’s subsidized bread distribution system remains crippled two weeks after cyberattacks targeted major banks, leaving bakers unable to access payments and forcing authorities to reimpose restrictions on bread sales. The disruption affects the nationwide Nanino electronic payment system, which is connected to Sepah Bank – the institution responsible for processing all wheat-related transactions…
50 Customers of French Bank Hit by Insider SIM Swap Scam
Eric Priezkalns reports: A business student who was interning at Société Générale, a leading multinational bank headquartered in France, is believed to have fed information to SIM swappers who stole from 50 customers of the bank, reports Le Parisien. The intern’s arrest prompted officers from France’s fraud police (La Brigade des Fraudes aux Moyens de Paiement,…
Industry Letter – June 23, 2025: Impact to Financial Sector of Ongoing Global Conflicts
From: New York State Department of Financial Services To: All Individuals and Entities Regulated by the New York State Department of Financial Services Re: Impact to Financial Sector of Ongoing Global Conflicts The New York State Department of Financial Services (the “Department”) is issuing this guidance (“Guidance”) to all individuals and entities regulated by the…
CoinMarketCap Hacked, Scrambles to Remove Malicious Wallet Verification Popup
Amin Ayan reports: CoinMarketCap was hacked on Friday after a malicious popup appeared on its website, urging users to “verify” their wallets. The phishing-style notification asked users to connect their wallets and approve ERC-20 token access, raising immediate red flags across the crypto community. Wallet providers like MetaMask and Phantom quickly flagged the site as…
UBS reports data leak after cyber attack on provider, client data unaffected
Chain IQ said it and 19 other companies had been the target of a cyber-attack resulting in a data leak that was published online on the darknet. CNA reports: Swiss bank UBS on Wednesday said it had suffered a data leak due to a cyber attack against one of its providers, but that no client…