Daniel Lanyon reports: Digital wealth manger Scalable notified customers of a large data breach on Monday evening. Scalable said in a message to customers, seen by AltFi, that personal data was breached by unlawful access “Scalable Capital has taken all necessary security measures and informed the relevant supervisory authorities. Your assets held in safe custody with the custodian…
Category: Business Sector
Sopra Steria falls victim to ransomware attack
FinExtra reports: European IT services group Sopra Steria is battling a suspected ransomware attack on its network. The firm, whose biggest customers in the financial sector include include Société Générale, BNP Paribas, La Banque Postale, HSBC, Crédit Agricole, RBS, Huyndai Capital and the Bank of China, issued a terse statement confirming a cyberattack on its…
Another REvil attack creates havoc for the Caribbean’s biggest conglomerate
Carla Bridglal reports: The Caribbean’s biggest conglomerate, Ansa McAl, is the victim of ransomware hackers holding some of the company’s IT systems hostage. Newsday understands that work at Tatil, the country’s biggest insurer, has been effectively stalled for about two weeks as the IT department works to find and expel the ransomware from the company’s…
Robo-advice firm suffers data breach
Cristian Angeloni reports: Germany-headquartered online advisory firm Scalable Capital has fallen victim to a data leak. According to local newspaper Merkur, the fintech company has suffered a “data protection incident” which saw confidential data being stolen. The clients affected were informed of the incident in a letter which claimed there had been an “unlawful access” of confidential client information in its document…
Recent Closing of Three Tribal Casinos Provides Cyberattack Lessons
Ed Silverstein reports: Two Idaho tribal casinos and one California casino have temporarily closed following a cyberattack. This is relatively unusual, but other gaming properties should prepare for the continuing risk, several cybersecurity legal experts warn. In the latest example, Clearwater River Casino & Lodge in Lewiston and It’se Ye-Ye Casino in Kamiah reopened in…
Twitter-Owned SDK Leaking Location Data of Millions of Users
Joseph Cox reports: A series of popular apps using an outdated piece of code owned by Twitter are exposing their users’ location data. In total, the apps have been downloaded nearly 10 million times. The news highlights the continued role of software development kits (SDKs), small bundles of code that developers often add to their…