Solarquest reports: A notorious hacker group known as MoneyTaker has stolen roughly $1 million from a Russian bank after breaching its network via an outdated router. The victim of the hack is PIR Bank, which lost at least $920,000 in money it had stored in a corresponding account at the Bank of Russia. Group-IB, a…
Category: Financial Sector
From data security darling to cyber fall guy, Monzo experiences a breach of its own
Finextra reports: After basking in the glow of exposing the Ticketmaster data breach last week, digital challenger bank Monzo has itself become the victim of a data leakage that saw the personal details of some 20,000 customers lifted from third party survey firm Typeform. […] Monzo says the attackers found a weakness in Typeform’s security,…
Nearly $1 Million Stolen from Connecticut Higher Education Trust Accounts During Security Breach
NBC CT reports: Nearly $1 million was stolen from CHET — Connecticut Higher Education Trust — accounts during a security breach and 21 account holders were affected, according to the Office of the State Treasurer. Connecticut State Treasurer Denise Nappier said that TIAA-CREF Tuition Financing, Inc., the CHET Direct program manager, alerted the state Treasury…
Hackers threaten to reveal personal data of 90,000 Canadians caught in bank hack
Pete Evans reports: Hackers have threatened to release personal information for nearly 100,000 customers of two Canadian banks unless the lenders pay a $1-million ransom for its safe return. On Monday, Bank of Montreal and online bank Simplii Financial — owned by CIBC — revealed that they learned over the weekend that the identifying personal information of a combined 90,000 different…
BMO and CIBC-owned Simplii Financial reveal hacks of customer data
Pete Evans reports: Two Canadian banks warned customers Monday that they have been the targets of hackers, and the personal information of tens of thousands of customers may have been stolen. CIBC-owned Simplii Financial was the first to warn on Monday morning that hackers had accessed the personal and account information of more than 40,000 of the bank’s…
UK: Data stolen in Sheffield Credit Union cyber attack
BBC reports: The personal data of about 15,000 members of a credit union has been stolen in a cyber attack. Sheffield Credit Union (SCU) said information including names, addresses, national insurance numbers and bank details had been accessed. The attack happened in February but only came to light recently after hackers threatened to publish the…