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Category: Financial Sector

RCMP charge 2 Montreal men in cyberattacks at Canadian Tire, BMO and Simplii

Posted on September 3, 2020 by Dissent

CBC reports: The RCMP have laid charges against two Montrealers after an investigation into high-profile cyberattacks at Canadian Tire, Bank of Montreal and Simplii a few years ago. The RCMP said in a press release Thursday that Jacob Costanzo-Peterson and Félix Costanzo-Peterson have been charged with unauthorized use of a computer, identity theft and possession of a device…

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North Korean hacking gang targets banks worldwide, US Government warns

Posted on August 29, 2020 by Dissent

Graham Cluley writes: The US government has issued an alert about an active hacking team that has used malware to help them steal millions of dollars from banks around the world. A North Korean government-backed hacking group, known as the BeagleBoyz, are named as the group responsible for the attacks which are estimated to have attempted to…

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Morgan Stanley Is Sued Over Data Breaches Tied to Missing Equipment

Posted on August 29, 2020 by Dissent

Melanie Waddell reports:  Morgan Stanley is embroiled in a class-action lawsuit over two separate data breaches involving missing equipment that exposed clients’ personal identifiable information — including Social Security and account numbers —  to third parties. The case, brought by a retirement account client and filed in the U.S. District Court for the Southern District of New York…

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National Cyber Awareness System Alert: FASTCash 2.0: North Korea’s BeagleBoyz Robbing Banks

Posted on August 26, 2020 by Dissent

Summary This joint advisory is the result of analytic efforts among the Cybersecurity and Infrastructure Security Agency (CISA), the Department of the Treasury (Treasury), the Federal Bureau of Investigation (FBI) and U.S. Cyber Command (USCYBERCOM). Working with U.S. government partners, CISA, Treasury, FBI, and USCYBERCOM identified malware and indicators of compromise (IOCs) used by the…

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Japan: Mitsukoshi and MI Card announce data breach affecting approximately 19,000 customers

Posted on August 21, 2020 by Dissent

OneTrust Data Guidance reports: Isetan Mitsukoshi Co., Ltd and MI Card Co., Ltd announced, on 5 August 2020, that they had suffered a data breach affecting approximately 19,000 customers as a result of unauthorised access. In particular, MI Card noted that the data breach occurred on the Isetan Mitsukoshi Online Store as well as MI Card’s homepage. In…

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Ad Industry Opposes FTC’s Proposed Security Regulations For Financial Institutions

Posted on August 12, 2020 by Dissent

Wendy Davis reports: The Federal Trade Commission’s proposed changes to security regulations for financial institutions could also affect a broad swath of non-financial companies — including ad agencies, social networks, lead generators and ad-tech companies — according to the Association of National Advertisers. The organization is urging the FTC to refrain from imposing a slate…

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