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Category: Financial Sector

Romanian 19-year-old charged with thousands in local ATM withdrawal thefts

Posted on July 12, 2021 by Dissent

Jefferson Robbins reports: A California man suspected of using bogus credit cards to steal about $16,000 from Wenatchee Valley ATMs is now in custody. Fabio Ciuciu, 19, has been identified as the person in a photograph taken from a Cashmere Valley bank cash machine in February 2019, when he allegedly sought to withdraw cash on…

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NC: Hackers Steal Critical Customer Data From Bank Of Oak Ridge

Posted on July 11, 2021 by Dissent

Scott D. Yost reports: Social Security numbers. Bank account numbers.  Dates of birth. Driver’s license numbers. Customers of the Bank of Oak Ridge have had all that information exposed due to a security breach.  Hackers have hit the bank and unknown or undisclosed numbers of customers have had key data stolen. A letter informing customers…

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NYDFS Issues Guidance on Cybersecurity Controls to Combat Ransomware and Clarifies Reporting Obligations

Posted on July 4, 2021 by Dissent

Lance Taubin, Kate Hanniford, and Kimberly Peretti of Alston & Bird write: The New York Department of Financial Services (NYDFS) issued new guidance this week intended to assist organizations in thwarting ransomware attacks. The guidance clarifies the NYDFS’ expectation that NYDFS-regulated companies should “implement these controls whenever possible” and report any successful deployment of ransomware…

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Russian Hackers Mounted Cyber Attack on German Banks, Bild Says

Posted on June 30, 2021 by Dissent

Patrick Donahue and Jake Rudnitsky report: A hacker group linked to the Russian state known as “Fancy Bear” conducted a cyber attack on critical German infrastructure and the country’s banking system in the past few days, Bild newspaper reported, citing unidentified Western intelligence sources. A spokesman for Germany’s BSI Federal Cyber Security Authority said the agency has…

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New charges filed against Capital One hacker, trial postponed to 2022

Posted on June 30, 2021 by Dissent

Catalin Cimpanu reports: The US government has filed a superseding indictment against Paige A. Thompson, a former Amazon engineer accused of hacking Capital One and stealing the personal data of more than 100 million Americans. According to court documents filed earlier this month and obtained by The Record, the US Department of Justice has added seven new charges…

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EpsilonRed ransomware group hits one of India’s financial software powerhouses

Posted on June 5, 2021 by Dissent

Catalin Cimpanu reports: Nucleus Software Exports, an Indian company that provides lending software to banks and retail stores, has suffered a major ransomware attack that crippled some of its internal networks and encrypted sensitive business information. The incident took place last Sunday, on May 30, according to a document the company filed on Tuesday with…

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