Anita Komuves and Marton Dunai report: Some Hungarian banking and telecommunication services were briefly disrupted by a powerful cyber attack on Thursday launched from computer servers in Russia, China and Vietnam, telecoms firm Magyar Telekom MTEL.BU said on Saturday. The event was a distributed-denial-of-service (DDoS) attack, a cyber attack in which hackers attempt to flood a…
Category: Financial Sector
Central Bank of Seychelles reports ransomware attack on Development Bank of Seychelles
From a Central Bank of Seychelles(CBS) press release of September 11, as first reported by Bleeping Computer: The Central Bank of Seychelles (CBS) has been informed of a ransomware attack on the network of the Development Bank of Seychelles (DBS). The incident was communicated to CBS on Wednesday 9 September 2020. Since then, CBS has…
CU Collections Notifies Customers of Data Security Incident
The following press release was released on Friday, September 11, after 5 pm. It appears to be the same press release CU Collections issued on July 29, with the exception that this one specifically mentions Wellspring Credit Union: CU Collections, LLC (“CU Collections” or the “Company”) announced today that it had suffered a data security…
Japan Regulator Is Set to Ask Nomura to Report on Data Leak
Takashi Nakamichi and Takako Taniguchi report: Japan’s Financial Services Agency is set to order Nomura Holdings Inc. to submit a report on how client information was leaked to a rival firm, a person with knowledge of the matter said. The regulator has asked Nippon Institutional Securities Co., the company that received the information from a Nomura employee, to provide…
Philippines Police Nab Four Nigerians For Allegedly Hacking, Siphoning Funds From Bank
The Tide reports: The Philippines National Bureau of Investigation, yesterday, arrested four Nigerian nationals in Muntinlupa City of the country for alleged involvement in an international syndicate that hacks and siphons funds from banks. According to the NBI, the fraudsters’ transactions were traced when they hacked a system of one Philippine bank, where at least…
Chilean bank shuts down all branches following ransomware attack
There’s an update to the situation with Banco Estado, noted previously on this site. Catalin Cimpanu reports: BancoEstado, one of Chile’s three biggest banks, was forced to shut down all branches on Monday following a ransomware attack that took place over the weekend. “Our branches will not be operational and will remain closed today,” the…