Brian Krebs reports: The financial technology firm Finastra is investigating the alleged large-scale theft of information from its internal file transfer platform, KrebsOnSecurity has learned. Finastra, which provides software and services to 45 of the world’s top 50 banks, notified customers of the security incident after a cybercriminal began selling more than 400 gigabytes of data purportedly…
Category: Financial Sector
Nigerian court drops charges against detained Binance executive Tigran Gambaryan
Dina Temple-Raston and James Reddick report: A Nigerian court has dropped all charges against Tigran Gambaryan, Binance’s head of financial crime compliance and a prominent former IRS investigator, two people with knowledge of the case told The Record on Wednesday. Gambaryan had been detained in Nigeria since February on money laundering and tax evasion charges….
Radiant Capital Halts Lending After $50+ Million Security Breach; Compounded by Ancilia Goof
Coinpaper reports: Radiant Capital paused its lending markets after a cybersecurity breach that resulted in losses of more than $50 million on both the BNB Chain and Arbitrum networks. According to Web3 cybersecurity firm De.Fi Antivirus, the exploit was linked to the “transferFrom” function in Radiant Capital’s smart contracts, which allowed the attacker to drain funds…
Iranian Cyber Actors’ Brute Force and Credential Access Activity Compromises Critical Infrastructure Organizations
From CISA, Alert Code: AA24-290A Summary The Federal Bureau of Investigation (FBI), the Cybersecurity and Infrastructure Security Agency (CISA), the National Security Agency (NSA), the Communications Security Establishment Canada (CSE), the Australian Federal Police (AFP), and Australian Signals Directorate’s Australian Cyber Security Centre (ASD’s ACSC) are releasing this joint Cybersecurity Advisory to warn network defenders…
Au: Banking giant HSBC loses battle against scam victim
So you hired someone to work for your firm and they turned out to be a sophisticated scammer who scammed your customers? And you think you shouldn’t be held liable for any money your customers lost in the scam? Well, if you’re in Australia, think again. Aisha Dow reports: Banking giant HSBC may have to…
Qatar Financial Centre issues company $150,000 fine for data breach
Asmahan Qarjouli reports: The Qatar Financial Centre’s (QFC) Data Protection Office (DPO) has issued a $150,000 fine on a company under its license following a data breach that enabled access to personal data. The measures, the first of their kind in Doha, were taken by DPO on Tuesday following an investigation that detected breaches of…