Tang See Kit reports: Japan’s securities-market watchdog said on Tuesday (Dec 8) it has asked the Financial Services Agency (FSA) to penalise Deutsche Bank’s brokerage unit in Tokyo for the improper sharing of information about a company’s earnings with its clients. The Securities and Exchange Surveillance Commission (SESC) recommended that the FSA take “administrative action”…
Category: Financial Sector
Morgan Stanley Suspected Russian Hackers in Client-Data Breach
Justin Baer reports: Morgan Stanley suspected that Russian hackers stole client data from a former financial adviser who pleaded guilty to illegally accessing the bank’s computers and taking the information home with him. Galen Marsh, who was fired from the Wall Street firm in January for viewing and copying account information on other advisers’ clients, pleaded guilty…
Reserve Bank of Australia computer network breach blamed on Indonesia
Peter Lloyd reports: The Reserve Bank of Australia (RBA) believes Indonesia was behind a breach of its computer network two years ago. It is the second report of a cyber attack on a key Australian Government department, after China was blamed earlier today for a breach at the Bureau of Meteorology (BoM). The RBA will not confirm…
After asking bank for $3 million ransom, hacker dumps massive customer financial database
Kevin Collier reports that “Hacker Buba,” the individual who allegedly hacked InvestBank in the UAE, has made good on his threat to dump customer bank data if the bank didn’t pay his extortion demand. The means by which that information was posted is striking. Hacker Buba initially tweeted from accounts like @investbank_2, though those were…
Armada Collective threatens Greek banks with DDoS if they don’t pay $7.2M ransom
Ashley Carman reports: Three unnamed Greek banks are the most recent victims of an extortion campaign in which a hacker group is attempting to fully take down their websites. The group, calling itself the Armada Collective, apparently made its first demand on Thursday of last week, at which point it also launched the first of…
UAE: Hacker holds UAE bank to ransom, demands $3m
Mazhar Farooqui reported this on Nov. 25: A sinister cyber criminal has hacked into a Sharjah bank and is now holding it to ransom by leaking confidential data of clients on social networking and microblogging site Twitter every few hours, XPRESS can reveal. The criminal who goes by the moniker Hacker Buba and uses a…