Jo Francis reports: It is believed that cyber criminals may be specifically targeting firms that provide support services to financial institutions. Operations at MBA Group, which has sites in London and Warrington, have been affected after the business was subjected to an attack. In a statement, sales director Kevin Stewart said the firm hoped to…
Category: Financial Sector
In: Threat actor offers to sell 8 TB of MobiKwik’s personal and financial data on almost 100M consumers
UPDATE1: MobiKwik is denying any breach. DataBreaches.net just received a statement from them: “Some media-crazed so-called security researchers have repeatedly attempted to present concocted files wasting precious time of our organization as well as members of the media. We thoroughly investigated and did not find any security lapses. Our user and company data is completely…
Flagstar Bank loses customers’ social security numbers after Accellion attack
Graham Cluley writes: Things don’t get much worse than having to admit to your employees that a gang of cybercriminals have broken into your infrastructure, stolen the private details (social security numbers, names and home addresses) of your staff, and are demanding that your company pays a ransom before further sensitive data is leaked. Well,…
NYDFS Penalizes Mortgage Company For Not Disclosing 2019 Breach
Kim Phan of Ballard Spahr writes: On March 3rd, the New York Department of Financial Services (“NYDFS”) announced a settlement with Residential Mortgage Services, Inc. (“RMS”) to resolve allegations that RMS violated the NYDFS Cybersecurity Regulation relating to a 2019 cyber breach. In July 2020, NYDFS conducted an examination of RMS as a licensed mortgage…
AR: Two men, including ex-employee of Magnolia bank, get federal sentences for stealing account info of 100 people, committing mail fraud
The Magnolia Reporter reports: Two men, including a former employee of a Magnolia bank, have been sentenced for stealing financial information and making more than $42,000 in fraudulent online purchases. Patrick Wayne Watson, 24, now of Conway, and Kennan Dane O’Bier, 24, now of Nash, TX, were sentenced Tuesday in United States Federal Court at…
Fears grow data hacked from Reserve Bank may be leaked by CLOP ransomware group
Tom Pullar-Strecker reports: A ransomware gang appears to be releasing confidential data obtained from the hack of customers of US software company Accellion, raising fears that New Zealand banks may be next to have data exposed. The Reserve Bank admitted it had been subject to a serious data breach in January, which occurred when a…