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Also: Indictments in Theft Case, KelpDAO Restarts OperationsThis week, banking Trojan TCLBanker targeted crypto platforms, three people indicted in a violent digital assets-related robbery, Kelp DAO restarted services after the $292 million hack and the U.S. Department of the Treasury tightened oversight of Binance.

Bank Info Security 2 months, 1 week ago

Europe Cuts Off Funding for Chinese Solar Inverters

Solar Energy Spurt Comes Freighted With Chinese Nation-State Hacking WorriesThe European Commission froze funding for solar energy projects that use crucial components from Chinese companies such as Huawei, due to cybersecurity fears. The decision affects projects being funded by the European Investment Bank and other partner banks.

Bank Info Security 9 months, 4 weeks ago

Cryptohack Roundup: US Sanctions Iran Shadow Banking Network

Also: Man Denied Bankruptcy Discharge Over $12.5M Crypto Ponzi DebtsU.S. sanctions Iranian shadow banking network, Texas man denied bankruptcy discharge, Nemo blames $2.6M exploit on developer errors, THORChain founder hacked, Shibarium Bridge hit by $2.4M hack, Denver court rules pastor's $3.3M project a fraud and NYDFS tells banks to use blockchain analytics.

Cybercrime Group ShinyHunters Advertises 160 Million Stolen RecordsVietnam's central bank is probing a hack attack that breached its credit reporting division, exposing personally identifiable information. The cybercrime group ShinyHunters claimed credit for the breach, advertising on a cybercrime forum 160 million stolen records for $175,000.

Bank Info Security 11 months, 4 weeks ago

ISMG Editors: Seychelles Bank Breach Echoes 'Panama Papers'

Also: Train Hack Risks Outed by CISA Alert; AI Comprehension Issues Won't Go AwayIn this week's update, four ISMG editors discussed the potential global implications of the Seychelles Commercial Bank data breach; the real-world threat of train hacks following an alert about a critical railway vulnerability; and growing concerns around AI's "comprehension problem."

Disruption of Country's Biggest Bank Comes as Israel-Iran War IntensifiesA pro-Israel hacking group claims to have disrupted a major Iranian bank as hostilities between the two countries raged into their fifth day. Hacking group Gonjeshke said Tuesday morning it "conducted cyberattacks which destroyed the data of the Islamic Revolutionary Guard Corps' Bank Sepah."

Also: Ransomware Hackers Demand BaguettesThis week, Chinese spying, Italian hacking scandal, an FBI warning and Okta fixed a bug. Google mandated MFA, zero days in PTZOptics and a Mexican airport didn't pay ransom. Cybercriminals demanded baguettes, breach lettersin Ohio and Germany will shield white hats. The Italian DPA rebuked a bank.

Also: Radiant Capital Hack and TD Bank Secrecy Act Guilty PleaThis week, an arrest in the U.S. SEC X account hack, a Radiant Capital hack, market manipulation charges on 18 entities, Bitfinex update, Forcount promoter sentenced, Mt. Gox pushed repayment, an alleged fraudster fled, SEC charged Cumberland and TD Bank pleased guilty to BSA violations.

InfoSys McCamish Systems Earlier Alerted 57,000 Bank of America Clients of BreachInfosys McCamish Systems, an insurance software product and services vendor, is notifying nearly 6.1 million people of a 2023 ransomware incident that potentially comprised their sensitive data, including Social Security numbers, medical treatment, and financial and biometric information.

Bank Info Security 2 years, 1 month ago

Cryptohack Roundup: $206M Gala Games Exploit

Also: Pump.fun Hack, Arrests in $73M Pig-Butchering ScamThis week, Gala Games and Pump.fun were hacked; alleged pig-butchering scammers, Incognito admin and illicit banking racketeers were arrested; Pink Drainer was shut down; the U.S. House approved a crypto bill; a man pleaded guilty to wire fraud; and tech companies formed a scam-fighting coalition.

Bank Info Security 2 years, 5 months ago

Hack at Software Services Firm Affects 57,000 BoA Customers

InfoSys McCamish Says Incident Involved BoA's Deferred Compensation Plan CustomersBank of America is notifying more than 57,000 customers that their information, including Social Security numbers, was potentially compromised in a hacking incident last November at Atlanta, Georgia-based insurance software firm InfoSys McCamish. BoA says none of its systems were affected.

Bank Info Security 2 years, 5 months ago

Breach Roundup: CIA Hacking Tool Leaker Gets 40 Years

Also: Cloudflare Was Hacked With Stolen Okta TokenThis week, former CIA programmer gets 40-year sentence, zero trust prevents widespread damage, possible ransomware attack in Georgia, alleged hacker detained in Ukraine, USB-spread malware in Italy, LockBit attack on non-bank home mortgage lender, and Ukrainian critical infrastructure disrupted.