Francesco Canepa and Andreas Rinke of Reuters report: Unidentified hackers attempted to trick European Central Bank President Christine Lagarde into letting them open a messaging app account in her name by posing as former German chancellor Angela Merkel, a German source said on Tuesday. The plot was quickly foiled without any information being compromised, an…
Category: Financial Sector
Expensive week for Carnival Corp: a $1.25 million settlement with states over one breach, then a $5 million settlement with New York for violating state cybersecurity regulation
It seems this was the week for following up on Carnival Corporation breaches. Earlier this week, state attorneys general announced a $1.25 million multistate settlement with the cruise line over a 2019 data breach first disclosed in 2020. But there was other news concerning the cruise line this week, too. On Friday, the New York…
FBI investigating $100 million theft from blockchain company Harmony
Jonathan Greig reports: Blockchain company Harmony said $100 million in cryptocurrency was stolen from the platform on Thursday evening. The company said the FBI is now investigating the theft alongside several cybersecurity firms. A cross-chain bridge – also known as a blockchain bridge – allows people to transfer tokens, assets, smart contract instructions and data…
Teenager, 18, is charged with creating computer virus which ‘crashed hundreds of financial institutions including Nationwide bank and server hosting boxing match between rapper KSI and YouTube star Logan Paul’
David O’Dornan and Paul Higgins report: A teenage boy was today charged with creating a computer virus which ‘crashed hundreds of financial institutions’ across the world. Although he did not appear at Newtownards Magistrates Court in Northern Ireland, 18-year-old Josh Maunder was charged with 21 offences. They included 13 charges of doing an unauthorised act…
Flagstar Bank discloses data breach impacting 1.5 million customers
Bill Toulas reports: Flagstar Bank is notifying 1.5 million customers of a data breach where hackers accessed personal data during a December cyberattack. Flagstar is a Michigan-based financial services provider and one of the largest banks in the United States, having total assets of over $30 billion. Read more at Bleeping Computer.
Quebec court approves $200.9M settlement against Desjardins over data breach
The Canadian Press reports: The Superior Court of Quebec has approved a nearly $200.9-million settlement of a class-action lawsuit against Desjardins over a data breach — the largest to date in the Canadian financial services sector. Siskinds Desmeules and Kugler Kandestin say everyone affected by the breach, regardless of where they live, will be eligible to claim….