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Category: Financial Sector

Inside Kenyan Hacker Group Gaining International Fame

Posted on February 17, 2020 by Dissent

Martin Siele reports: SilentCards, based in Nairobi, has previously been accused of orchestrating multi-million shilling heists in the financial services sector, particularly targeting banks and their Automated Teller Machines (ATMs). Singapore-based cyber-security firm, Group-IB, in its annual Hi-Tech Crimes Report identified SilentCards as one of the prominent players in the global cyber-crime landscape. Read more on Kenyans.co.ke

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Idaho Central Credit Union reports two breaches

Posted on February 15, 2020 by Dissent

Doug Olenick reports on two recent data breaches involving Idaho Central Credit Union: The first instance cropped up on November 5, 2019 when some suspicious behavior was noted. A breach was confirmed three days later, reported BoiseDev. A data breach notice was sent on February 6, 2020 after a two-month long investigation found the issue stemmed…

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ZA: Nedbank warns clients after data breach – 1.7 million clients potentially affected

Posted on February 13, 2020 by Dissent

BusinessTech reports: Nedbank says it has investigated a data security issue that occurred at the premises of a third-party service provider, namely Computer Facilities – a direct marketing company that issues SMS and email marketing information on behalf of Nedbank and a number of other companies. A subset of the potentially compromised data at Computer…

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Former Fifth Third employees stole customer info, gave to outside group

Posted on February 11, 2020 by Dissent

John London reports: Authorities are investigating a data breach at Fifth Third Bank and it appears to be an inside job. According to Fifth Third, “a small number of employees” stole personal data from the bank. Read more on WLWT.

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Three suspects arrested in Maltese bank cyber-heist

Posted on January 31, 2020 by Dissent

Catalin Cimpanu reports: British police have arrested yesterday three individuals that they believe are involved in the February 2019 hack of Bank of Valletta (BOV), one of Malta’s biggest banks. National Crime Agency (NCA) officers arrested two males, aged 22 and 17, in London, and a third suspect, a 39-year-old male in Belfast, Northern Ireland….

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AU: P&N Bank discloses data breach, customer account information, balances exposed

Posted on January 15, 2020 by Dissent

Charlie Osborne reports: P&N Bank is informing customers of a data breach in which personally identifiable information (PII) and sensitive account information was exposed. On Wednesday, a security researcher going under the Twitter handle @vrNicknack pinged Troy Hunt, the operator of the Have I Been Pwned? search engine, with a notice he had received from the bank. Read more…

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