FInews reports: There was a cyber attack on the Neuchâtel Cantonal Bank (BCN) at the beginning of August, spokeswoman Marie-Laure Chapatte, told the «AWP» news agency (in German), resulting in the potential theft of around 1,500 email addresses. Neither the banking infrastructure – such as the online banking platform – nor other sensitive systems were affected by the…
Category: Financial Sector
Envision Credit Union ‘taking all appropriate steps’ after possible cyber attack
TaMaryn Waters reports: Envision Credit Union may have been the latest victim of an apparent ransomware attack, a malicious software that disrupts computer systems until demands are met. Initial signs of a potential attack surfaced this week on social media and indicated the LockBit 2.0 ransomware group threatened to publish stolen data on Aug. 30, according to…
Morgan Stanley names vendor in data security case
Colin Staub reports: Morgan Stanley has identified the data center decommissioning provider it claims was responsible for a data-breach incident, which led to lawsuits and a $60 million penalty against the financial giant. The bank was named as a defendant in several class-action lawsuits last, after customer information was mismanaged during 2016 and 2019 computer…
JP Morgan Chase Bank Admitted Leaking Sensitive Data of its Customers
Ax Sharma reports: Chase Bank has admitted to the presence of a technical bug on its online banking website and app that allowed accidental leakage of customer banking information to other customers. […] The issue is believed to have lasted between May 24th and July 14th this year, and impacted both online banking and Chase Mobile app customers who…
Brazilian National Treasury hit with ransomware attack
Angelica Mari reports: The Brazilian government has released a note stating the National Treasury has been hit with a ransomware attack on Friday (13). According to a statement from the Ministry of Economy, initial measures to contain the impact of the cyberattack were immediately taken. The first assessments so far have found there was no damage…
Morgan Stanley asks court to throw out data security lawsuit
Ryan W. Neal reports: Morgan Stanley has asked a New York federal court to throw out a class action lawsuit alleging the firm failed to properly wipe sensitive client information from decommissioned computer equipment that has since gone missing. The former clients cannot plausibly identify instances of personal data being accessed or misused, or any…