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Latest coverage for Theft

Theft in cybersecurity covers stolen data, credentials, devices, and funds, often creating risks of unauthorized access, fraud, and privacy loss.

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Unauthorized taking or copying of information, credentials, intellectual property, or digital assets is cyber theft. News under this tag may involve stolen passwords, payment data, personal information, source code, cloud tokens, cryptocurrency, or sensitive business files. Theft can result from phishing, malware, compromised accounts, insider access, exposed storage, or the loss of an unencrypted device; the relevant issue is the unauthorized acquisition or control of an asset, whether or not the attacker also alters systems.

Security teams should identify where valuable data and credentials are stored, restrict access by role, require strong authentication, encrypt data at rest and in transit, and monitor unusual downloads or transfers. Vulnerability management matters when flaws expose databases, endpoints, or cloud services to unauthorized retrieval. After suspected theft, preserving logs, revoking tokens and credentials, determining what was accessed or copied, and assessing privacy or notification obligations are central to containing the incident and measuring its impact.

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Bank Info Security 2 years, 5 months ago

Therapy Provider Notifying 4 Million Patients of PJ&A Hack

Concentra Health Services Joins List of Those Affected in Transcriber's Data BreachA Texas-based physical and occupational therapy provider is notifying nearly 4 million patients that they have joined the soaring tally of victims of a data theft incident at a Nevada medical transcription vendor last year. The supply chain hack appears to have affected at least 14 million people.

Bank Info Security 2 years, 5 months ago

Microsoft Says Test Account Gave Hackers Keys to the Kingdom

Postmortem: Multiple Customers Also Targeted by Russian Nation-State AttackersA nation-state hacking group run by Russian intelligence gained access to a Microsoft "legacy, non-production test tenant account" and used it to authorize malicious Office 365 OAuth applications, access Outlook, and steal Microsoft and customers' emails and attachments, Microsoft said.

Bank Info Security 2 years, 5 months ago

ITRC Report: Breaches Up 78% in 2023, Breaking 2021 Record

Identity Theft Resource Center's James E. Lee Calls for Uniform Breach ReportingSupply chain attacks and zero-day exploits surged in 2023, helping to set yet another record for data breaches tracked by the Identity Theft Resource Center. James E. Lee, COO of the group, explained why the number of compromises grew so dramatically - from 1,801 incidents in 2022 to 3,205 in 2023.

Bank Info Security 2 years, 5 months ago

Ransomware on Tap as Major Water Providers Fall Victim

US and UK Water Giants Report Network Breaches and Data Leaks, But No EncryptionTwo major water providers in the U.S. and U.K. report that they recently fell victim to ransomware attacks. In both cases, attackers appear to have stolen employee or customer data that they're now holding to ransom. Ransomware trackers say known attacks, affecting all sectors, have been surging.

Bank Info Security 2 years, 5 months ago

AI Automation Won't Steal All Jobs, for Now

Study Looks at Impact of AI on Tasks Requiring Visual ProcessingArtificial intelligence may not steal our jobs just yet, but only because humans are currently cheaper to employ. Many of the human jobs that could be replaced with AI are not "economically beneficial" to automate - at least for now - say researchers at MIT.

Bank Info Security 2 years, 5 months ago

Report: Hackers Scammed $7.5M From HHS Grant Payment System

Money Meant for Poor Communities Stolen as Authorities Issued Phishing Scam AlertsHackers have reportedly stolen about $7.5 million from a Department of Health and Human Services grant payment system in a series of cyberattacks last year. The news comes in the midst of HHS and other authorities warnings about rising threats involving social engineering and payment scams.

Bank Info Security 2 years, 5 months ago

LoanDepot Ransomware Attack: 16.6 Million Customers Affected

Customers 'Sensitive Personal Information' Stolen, Large Mortgage Lender ReportsNon-bank mortgage lending giant LoanDepot says hackers stole "sensitive personal information" pertaining to 16.6 million customers when they breached its systems earlier this month as part of a ransomware attack. The company said it will directly notify all affected customers.