From CISA, Alert Code: AA24-290A Summary The Federal Bureau of Investigation (FBI), the Cybersecurity and Infrastructure Security Agency (CISA), the National Security Agency (NSA), the Communications Security Establishment Canada (CSE), the Australian Federal Police (AFP), and Australian Signals Directorate’s Australian Cyber Security Centre (ASD’s ACSC) are releasing this joint Cybersecurity Advisory to warn network defenders…
Category: Financial Sector
Au: Banking giant HSBC loses battle against scam victim
So you hired someone to work for your firm and they turned out to be a sophisticated scammer who scammed your customers? And you think you shouldn’t be held liable for any money your customers lost in the scam? Well, if you’re in Australia, think again. Aisha Dow reports: Banking giant HSBC may have to…
Qatar Financial Centre issues company $150,000 fine for data breach
Asmahan Qarjouli reports: The Qatar Financial Centre’s (QFC) Data Protection Office (DPO) has issued a $150,000 fine on a company under its license following a data breach that enabled access to personal data. The measures, the first of their kind in Doha, were taken by DPO on Tuesday following an investigation that detected breaches of…
Indodax cryptocurrency exchange hack: 9B SHIB stolen in $20.5 mln heist
AMB Crypto reports: In a significant breach, hackers exploited Indonesian cryptocurrency exchange Indodax, stealing around $20.5 million in digital assets. The attack primarily targeted the exchange’s hot wallets, which are online wallets used for daily transactions. Among the stolen assets were 9 billion Shiba Inu [SHIB] tokens, reflecting the hacker’s deliberate choice to target popular cryptocurrencies. Other…
Iran pays millions in ransom to end massive cyberattack on banks, officials say
Matthew Karnitschnig reports: A massive cyberattack that hit Iran last month threatened the stability of its banking system and forced the country’s regime to agree to a ransom deal of millions of dollars, people familiar with the case say. An Iranian firm paid at least $3 million in ransom last month to stop an anonymous…
WazirX confirms 43% of customer funds unrecoverable following $230 million cyberattack, begins restructuring
Ouch. Rachna Dhanrajani reports: India’s cryptocurrency exchange WazirX, on Monday, revealed that 43% of customer funds lost in a recent cyberattack are unlikely to be recovered. In a virtual press conference, the exchange announced it is undergoing a restructuring process, which could take up to six months. They are also in discussions with a potential…