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Category: Financial Sector

Jp:  Notice about the occurrence of an online trading system failure due to unauthorized access

Posted on April 26, 2021 by chum1ng0

Nissan Securities has issued a statement disclosing that it experienced unauthorized access on April 25, 2021. The statement reads as follows (translation); Since April 25, 2021, the online trading system (trading options / futures on stock indexes, click 365, click shares 365) has been damaged due to unauthorized access by a third party. Due to…

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Ca: Court approves data breach settlements with BMO, CIBC

Posted on April 22, 2021 by Dissent

James Langton reports: An Ontario court has approved proposed class action settlements with Bank of Montreal (BMO) and CIBC over cybersecurity breaches involving thousands of clients. The Superior Court of Justice endorsed settlements and distribution plans designed to resolve lawsuits against the banks stemming from a data theft that affected more than 10,000 clients of…

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AU: National Australia Bank repays customers $687k for 2019 data breach

Posted on April 21, 2021 by Dissent

James Frost reports: National Australia Bank has revealed it paid $686,878 in compensation to customers exposed in a 2019 data breach after the personal account details of more than 10,000 customers were uploaded to a website similar to Google Sheets. The bank said it provided thousands of customers with a one-off payment while a smaller…

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Bank Groups Object to Proposed Breach Notification Regulation

Posted on April 19, 2021 by Dissent

Doug Olenick reports: The American Bankers Association and three other groups have voiced objections to provisions in a cyber incident notification regulation for banks proposed by three federal agencies. For example, they say that the definition of a reportable “computer security incident” is too broad and would result in the reporting of insignificant events. The…

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Br: Leak exposes 1.7 TB of customer data from Brazilian fintech iugu

Posted on April 10, 2021 by Dissent

Felipe Demartini reports (translation): A serious security breach exposed the information of, it is believed, all customers of the iugu services company, which operates in Brazil through financial management and automation systems. Users’ personal, banking and transaction data was available on an unprotected server for at least an hour. The discovery is by security expert…

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Capital One notifies more clients of SSNs exposed in 2019 data breach

Posted on April 4, 2021 by Dissent

Sergiu Gatlan reports: US bank Capital One notified additional customers that their Social Security numbers were exposed in a data breach announced in July 2019. The day the breach was disclosed, the Department of Justice arrested and indicted the suspected hacker, former Amazon Web Services (AWS) employee Paige Thompson, who posted about stealing data on GitHub after infiltrating Capital One’s AWS…

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