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Showing 14 most recent headlines Filtered view

Complaint Says Service Generated More Than 1.5 Million Malicious URLsGoogle has sued a Chinese phishing-as-a-service provider accused of teaching customers to use Gemini to generate and customize scam websites, a campaign linked to more than 1.59 million phishing URLs, over 100,000 victims, and widespread credential and financial theft.

Bank Info Security 2 months, 3 weeks ago

Cryptohack Roundup: US-Sanctioned Grinex Hacked

Also: Updates in KelpDAO, Drift, Hyperbridge HacksThis week, Grinex was exploited, a hacker laundered KelpDAO funds, Circle was sued over $280M Drift hack, Rhea Finance and Volo Protocol were exploited, update in Hyperbridge hack, sentencing in art scam case, a French home invasion for crypto theft and eth.limo hijack thwarted.

Bank Info Security 3 months, 2 weeks ago

Cryptohack Roundup: Charges in Uranium Finance Case

Also: Chinese Firms Indicted in Crypto-Linked Fentanyl Supply CaseThis week, charges filed in Uranium Finance hack, indictment of Chinese firms in fentanyl supply case, a class action lawsuit against Nvidia, Drift Protocol exploit, KuCoin operational barriers in the United States and a U.K. sanction filed against Xinbi.

Bank Info Security 3 months, 2 weeks ago

State AG Sues Change Healthcare in 2024 Ransomware Attack

Iowa Seeking Civil Monetary Fines, Damages for Alleged ViolationsIowa's state attorney general is seeking financial damages, civil penalties and improvements to UnitedHealth Group's data security practices for alleged violations of state and federal laws and other claims involving the 2024 ransomware attack on its Change Healthcare unit.

Bank Info Security 6 months, 4 weeks ago

Breach Roundup: Coupang Breach Sparks Leadership Shakeup

Also: Texas AG Sues Smart TV Manufacturers, Fortinet SSO FlawsThis week, a leadership shakeup at Coupang, attackers exploited critical Fortinet SSO flaws, Pornhub data hacked, Texas Attorney General Ken Paxton sued smart TV makers, auto finance provider 700Credit disclosed a breach affecting millions, A revived pro-Russia ransomware operation stumbled.

Inotiv Tells SEC 'It's Still Evaluating Full Impact and Notifying Breach Victims'Drug research firm Inotiv in a filing with federal regulators said it is still evaluating the financial and operational impact of an August cyberattack that's linked to ransomware gang Qilin. The company is also notifying nearly 10,000 people whose data was allegedly stolen in the incident.

Bank Info Security 1 year, 1 month ago

Profits Over Consumer Protection? HSBC's Legal Challenge

Australian Securities Commission Says HSBC Ignored Repeated Internal WarningsSome lessons come with a price. The recent lawsuit against HSBC by the Australian Securities and Investments Commission claims the bank prioritized profits over customer safety. Despite repeated internal warnings from its own fraud experts, HSBC failed to act.

Bank Info Security 1 year, 1 month ago

Profits Over Consumer Protection? HSBC's Legal Challenge

Australian Securities Commission Says HSBC Ignored Repeated Internal WarningsSome lessons come with a price. The recent lawsuit against HSBC by the Australian Securities and Investments Commission claims the bank prioritized profits over customer safety. Despite repeated internal warnings from its own fraud experts, HSBC failed to act.

Bank Info Security 1 year, 2 months ago

Cryptohack Roundup: KiloEX Offers Compensation

Also, Nike Sued Over Shutdown of NFT SubsidiaryThis week, KiloEX compensation after Oracle exploit, Nike sued over NFT shutdown, SEC dropped probe into PayPal PYUSD, Long Island man sentenced for crypto fraud, Americans lost billions to crypto scams, Loopscale exploiter agreed to return stolen funds and bank regulators softened stance on crypto.

Breach Affects Pediatric, Orthodontic and Dental Surgery Practices in 6 StatesA Nashville, Tennessee firm that provides HR and finance services to dozens of specialty dental practices across six states is notifying more than 173,400 people of a 2024 email hacking incident affecting children and other patients. The company already faces several lawsuits related to the breach.

Regulators Say FIIG Lacked Basic Security Measures to Prevent 2023 BreachThe Australian financial regulator has filed a lawsuit against FIIG Securities Limited, accusing the leading investment and financing company of having inadequate cybersecurity controls to stop a threat actor from stealing the confidential personal information of 18,000 customers.

Bank Info Security 1 year, 5 months ago

Cybereason CEO Sues to Halt Deadlock Over Critical Funding

Chapter 11 Looms as Eric Gan Seeks Custodian and Liberty, SoftBank Block FinancingCybereason faces a crisis as a boardroom deadlock halts financing efforts. CEO Eric Gan and his family firm seek a custodian to halt the impasse, alleging SoftBank and Liberty Strategic Capital are prioritizing control over the company’s financial stability. Without urgent funding, bankruptcy looms.

Bank Info Security 1 year, 6 months ago

US CFPB Needs to Look Beyond Zelle to Curb Scams

Ken Palla on Lessons From U.K and Australia to Reduce Fraud and ScamsThe U.S. Consumer Financial Protection Bureau's decision to file a lawsuit against Zelle is too late and too narrow to reduce scams, said Ken Palla, retired director with MUFG Bank. CFPB last month sued the operator of Zelle, as well as three banks for failing to protect consumers from fraud.

Bank Info Security 2 years, 5 months ago

New York AG Sues Citibank for Poor Phishing Protections

State Attorney Alleges Lack of Layered Security to Stop Fraudulent Wire TranfersThe New York attorney general sued the third-largest bank in the United States over its alleged failure to protect consumers from scammers. "If a bank cannot secure its customers' accounts, they are failing in their most basic duty," said Attorney General Letitia James.