From NY Department of Financial Services: September 17, 2025 New York State Department of Financial Services Superintendent Adrienne A. Harris today issued new guidance on the use of blockchain analytics tools for banking institutions contemplating or already conducting virtual currency-related activities. As banking institutions experience increasing interest in and exposure to virtual currency activities, blockchain…
Category: Financial Sector
KR: Lotte Card hack exposes data of 3 million users
Choi Ji-won reports: Lotte Card said a hacking attack compromised the personal data of 2.97 million users, marking the biggest data breach this year. CEO Cho Jwa-jin on Thursday disclosed the findings of a probe by the Financial Supervisory Service and Financial Security Institute, in the first public announcement since regulators began investigating on Sept….
Scattered Spider Tied to Fresh Attacks on Financial Services
Mathew J. Schwartz reports: A member of the band of native English-speaking adolescent hackers lately calling itself Scattered Lapsus$ Hunters published Friday a semi-coherent screed proclaiming the collective would be “going dark.” Many cybersecurity experts responded with skepticism. Evidence suggests that at least some members of the loose-knit hacking collective are continuing to hit targets. Threat intelligence…
Watchdog orders Lotte Card to compensate victims of hack
The Korea JoongAng Daily reports: Financial regulators have ordered Lotte Card to set up a dedicated call center for victims of a recent hacking incident and to prepare procedures for full compensation in cases of any fraudulent card use. The order comes after a cyber breach was reported at the company with 9.65 million individual…
18 Arrested as Gurugram Call Centre Data Leak Fuels Massive SBI Credit Card Scam
The420.in reports: The Delhi Police have arrested 18 individuals for duping State Bank of India (SBI) credit card holders of nearly ₹2.6 crore [USD $296,630.45] in a nationwide fraud. The operation, which ran for six months, relied on insider leaks at a Gurugram-based call centre and a sophisticated money-laundering network that spanned cash deals and…
Connex Credit Union notifies 172,000 members of hacking incident
On August 7, external counsel for Connex Credit Union (“Connex”) in Connecticut notified the Maine Attorney General’s Office of a recent hacking incident. According to their notification, unusual activity was discovered on their system on June 3, 2025. An investigation that was promptly launched determined that files may have been accessed or downloaded without authorization…