Mazhar Farooqui reports an update to a hack and data dump involving InvestBank customers: The cyber criminal who hacked into a Sharjah bank last month has gone on the rampage. After the bank refused to give into his blackmail and pay $3 million in ransom money, the criminal Hacker Buba has posted the confidential details…
Category: Financial Sector
Former Employee Of Global Financial Services Company Charged With Unauthorized Access Of Supervisor’s Email Account On Approximately 100 Occasions
Another CFAA case. Although the victim company is not named, the defendant’s LinkedIn profile indicates that he was employed at Western Asset Management from March 2007 – March 2011. How he was able to access his former supervisor’s email account years after he left their employ is not addressed in the press release, but raises questions as to whether…
Oh what a tangled web they wove…
Peter Strozniak asks a question many should be asking: how did this go on for so long without being detected? One of New Jersey’s smallest credit unions was directly connected to a sprawling criminal enterprise that led to the largest customer data theft case in history, which involved the nation’s biggest bank, according to court…
Spy Banker Trojan Being Hosted On Google Cloud
Sara Peters reports: The Spy Banker Trojan is spreading through Brazil through the help of Google and Facebook, according to researchers at ZScaler ThreatLabZ. Attackers host the Spy Banker downloader on Google Cloud servers. The downloader, in turn, installs the payload Spy Banker Trojan Telax. Victims are infected by drive-by download or led to it via…
Deutsche Bank’s Japan arm to face penalty for information leak
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”…
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…