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Category: Financial Sector

Three members of notorious “FIN7” criminal ring in custody for attacking more than 100 companies

Posted on August 1, 2018 by Dissent

The Department of Justice announced a stunning arrest today of key players in one of the most damaging threat actors in the last decade.  Kudos to all involved in their arrests. You can read the DOJ’s full press release below, but let’s start with a quote from a FIN7 hunter: “FIN7 is the most prolific and…

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Chile Cybersecurity Watch: Card data leaks, Santander investment, govt agency

Posted on July 30, 2018 by Dissent

Allan Brown reports: Chile’s banking watchdog Sbif reported there were two leaks of card details on Saturday. The leaks came just days after hackers published details of around 14,000 credit cards from local and international issuers. The first incident on Saturday involved details of 4,149 credit cards, which turned out to be the same as…

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Hackers Breach Russian Bank and Steal $1 Million Due to Outdated Router

Posted on July 20, 2018 by Dissent

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hacker group known as MoneyTaker has stolen roughly $1 million from a Russian bank after breaching its network via an outdated router.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…

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From data security darling to cyber fall guy, Monzo experiences a breach of its own

Posted on July 2, 2018 by Dissent

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,…

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Nearly $1 Million Stolen from Connecticut Higher Education Trust Accounts During Security Breach

Posted on June 27, 2018 by Dissent

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…

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Hackers threaten to reveal personal data of 90,000 Canadians caught in bank hack

Posted on May 31, 2018 by Dissent

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…

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