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Category: Financial Sector

Morgan Stanley Data Security Settlement emails being sent

Posted on March 16, 2022 by Dissent

UPDATE:  DO NOT CALL DATABREACHES.NET IF YOU RECEIVED ERRONEOUS MAIL FROM MORGAN STANLEY.  THIS SITE IS MERELY REPORTING ON THE NEWS. CONTACT MORGAN STANLEY’S SETTLEMENT SITE FOR ALL INQUIRIES OR PROBLEMS: https://www.morganstanleydatasecuritysettlement.com/ In January, Morgan Stanley agreed to settle a lawsuit stemming from its failure to properly dispose of hardware containing personally identifiable information during…

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PayTM clarifies RBI bar on new customers

Posted on March 15, 2022 by Dissent

Economic Times reports: The RBI barred Paytm Payments Bank from taking on new customers on March 11 because it had allowed data to flow to servers abroad in violation of India’s rules, and didn’t properly verify its customers, Bloomberg reported on Monday, citing a person familiar with the matter. Annual inspections by the Reserve Bank…

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HI: Police: Suspect accused of hacking bank’s system could have hit other institutions

Posted on February 24, 2022 by Dissent

Hawaii News Now reports: Police are urging Hawaii banks, businesses and government institutions to see if a hacking suspect was spotted on their surveillance video. Kobina Nyarku, 30, has been charged with two felonies for allegedly hacking into Central Pacific Bank’s computer system. Police said he pretended to apply for a job at the bank…

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Za: Absa data leak — more customers affected

Posted on February 24, 2022 by Dissent

Jan Vermeulen reports: Absa has sent a notice to several new clients found to be affected by a November 2020 data leak, when a former employee gave people’s personal information to a platform that sold it to third parties. The former Absa staff member behind the leak was a credit analyst who had access to risk modelling systems…

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Credit Suisse denies wrongdoing after big banking data leak

Posted on February 20, 2022 by Dissent

BBC reports: Credit Suisse has hit out after a massive data leak has brought to light the hidden wealth of several clients of the bank. Data on more than 18,000 bank accounts, holding more than $100bn (£73.6bn), was leaked to German newspaper Süddeutsche Zeitung by a whistleblower. It includes personal, shared and corporate accounts, as well as…

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Elephant Beetle: Stealthy Hacker Group Stole Millions Undetected

Posted on February 18, 2022 by Dissent

Damir Mujezinovic reports: Israeli cybersecurity firm Sygnia released a report in January 2022 revealing that a hacker group dubbed Elephant Beetle siphoned off millions from businesses in the financial sector in Latin America. […] To carry out its Java-based attacks, Elephant Beetle uses a wide arsenal of more than 80 unique tools and scripts, the researchers wrote…

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