AMB Crypto reports: In a significant breach, hackers exploited Indonesian cryptocurrency exchange Indodax, stealing around $20.5 million in digital assets. The attack primarily targeted the exchange’s hot wallets, which are online wallets used for daily transactions. Among the stolen assets were 9 billion Shiba Inu [SHIB] tokens, reflecting the hacker’s deliberate choice to target popular cryptocurrencies. Other…
Category: Financial Sector
Iran pays millions in ransom to end massive cyberattack on banks, officials say
Matthew Karnitschnig reports: A massive cyberattack that hit Iran last month threatened the stability of its banking system and forced the country’s regime to agree to a ransom deal of millions of dollars, people familiar with the case say. An Iranian firm paid at least $3 million in ransom last month to stop an anonymous…
WazirX confirms 43% of customer funds unrecoverable following $230 million cyberattack, begins restructuring
Ouch. Rachna Dhanrajani reports: India’s cryptocurrency exchange WazirX, on Monday, revealed that 43% of customer funds lost in a recent cyberattack are unlikely to be recovered. In a virtual press conference, the exchange announced it is undergoing a restructuring process, which could take up to six months. They are also in discussions with a potential…
Patelco notifies 726,000 customers of ransomware data breach
Bill Toulas reports: Patelco Credit Union warns customers it suffered a data breach after personal data was stolen in a RansomHub ransomware attack earlier this year. Though the organization did not name the attackers, the RansomHub gang claimed responsibility on August 15, 2024, when they published all of the stolen data on their extortion portal….
Third-party breach resulted in Singapore Moneylenders Credit Bureau being leaked by GhostR (UPDATED)
Threat actors known as GhostR claim to have stolen more than 50 GB of files on loan borrowers from the Singapore MLCB (the Moneylenders Credit Bureau). They have offered some of the data as a leak on a popular hacking forum and provided proof of claims in the form of copies of completed loan applications:…
Evolve Bank & Trust Notice of Data Breach
MEMPHIS, Tenn., July 8, 2024 (Newswire.com) – As recently announced on the Evolve Bank & Trust (“Evolve” or “we”) website, Evolve was recently subject to a cybersecurity incident. Today, Evolve is beginning the process of notifying individuals whose personal information was affected. We deeply regret any inconvenience or concern this incident may cause. The security of our…