Tagged: cybersecurity

Group-IB: “Huge Set” of Turkish Bank Cards for Sale on Dark Net

Group-IB, a Moscow-founded cybersecurity firm now based in Singapore, “has detected a massive upload of debit and credit card records …on one of the most popular underground cardshops.” According to the firm, between October 28th and November 27th of this year, criminals uploaded more than 460,000… Read More

SEC’s Associate Director of Enforcement Appearing at NYU Women in Cybersecurity Event

Carolyn Welshhans, the SEC’s Associate Director of Enforcement, will be speaking on a panel at New York University’s (NYU’s) Women Leaders in Cybersecurity event December 5th. According to a tweet from the SEC, Welshhans will be discussing the SEC Enforcement Division’s, “approach to cybersecurity issues,… Read More

Cybersecurity Firm Finds “Advanced Back Doors into Practically All Corporate Networks”

The CEO of cybersecurity firm Cyemptive Technologies says his company has found, “advanced back doors into practically all corporate networks.” The holes have been found in companies’ virtual private networks (VPNs), which, according to Cyemptive, are used, “by over 400 million consumers, businesses and government entities to securely… Read More

KPMG’s Israel Division and Cybersecurity Protection Firm nsKnox Introduce Solution for Prevent Fraudulent Payments

nsKnox, an established provider of cybersecurity protection for business payment technology, revealed on November 21 that it has teamed up with Big Four auditing firm KPMG. According to a release, KPMG’s Israel division will serve as the global distributor and service provider of, KPMG Secure… Read More

Cybersecurity Skills Platform Immersive Labs Raises $40 Million via Series B Round Led By Summit Partners, Goldman Sachs

Immersive Labs, a UK-founded cybersecurity skills platform, raised $40 million through a Series B investment round led by Summit Partners, a growth equity investor. New York-based investment bank Goldman Sachs also took part in Immersive’s latest funding round. Established in 2017, the company noted that… Read More

Monetary Authority of Singapore to Extend Additional Funding to Fintech Projects in 2020

The central bank of Singapore is preparing to extend additional funding for Fintech-related projects, because the five-year investment round ending in March has led to positive developments. The Monetary Authority of Singapore (MAS) will most likely announce additional funding plans in 2020, with key investments… Read More

“Very Good Security” Raises $35 Million led by Goldman Sachs

Very Good Security (VGS) has raised $35 million in Series B funding led by Goldman Sachs’ Merchant Banking Division. Existing investors Andreessen Horowitz and Vertex Ventures US also joined in the funding round. VGS is building “modern SaaS infrastructure for data security, compliance, and privacy.” … Read More

Another Civil Case Launched Against AT&T for Allegedly Failing to Prevent Crypto Theft

A plaintiff called Seth Shapiro is suing telco giant AT&T (NYSE:T) for its role in allegedly allowing hackers to access his cellphone on four occasions and enable the theft of $1.8 million USD in cryptocurrencies from his crypto exchange accounts. SIM-swapping is a type of hack… Read More

Visa Teams Up With GM Security Technologies to Promote Payment Security in Latin America & The Caribbean

Cybersecurity company GM Security Technologies announced on Friday it has teamed up with Visa to accelerate the of secure, compliant and trustworthy digital payment eco-systems in Latin America and the Caribbean. Through the collaborations, the companies will be hosting a regional roadshow to educate issuers, merchants, acquires, and third… Read More

TD Bank’s Latest Survey Reveals: Stagnant Corporate Systems, Cybersecurity Continue to Plague Payments Professionals

 TD Bank announced on Tuesday its latest survey reveals cyber fraud and technological solutions are top of mind for finance and treasury professionals. According to TD Bank, 42% of respondents cited organizations’ struggles to improve legacy systems as the greatest challenge facing payments professionals. Last… Read More

Recent Crypto Ransomware Attacks Show Real Estate Sector Should Be Taking the Threat Seriously

Two recent ransomware attacks on real estate companies may exemplify recent claims from cybersecurity experts that hackers are increasingly targeting medium-sized and smaller companies as larger entities tighten their online security. In January of this year, cybersecurity staff from BoostIT and workers at a real… Read More

Insurer Beazley: Healthcare Industry Most Targeted by Cyber Attacks

41% of cyber attacks are deployed against healthcare entities, Canadian Underwriter reports, whereas only 20% of attacks are leveled at financial firms. The information comes from specialist insurer Beazley in its Beazley 2019 Breach Briefing. The reason healthcare targets are preferred, says Beazley, is because unlike… Read More

Ukraine Cyberpolice Accuse Man of “CryptoJacking” a Million People

Cyberpolice in Ukraine say they have arrested a 32-year-old Bukovina resident accused of using “cryptojacking” software against a million individuals without their consent. Police allege the man deployed the software surreptitiously to the computers of individuals visiting websites run by the man. The sites reportedly… Read More

CyberSecurity: American Lawyers’ Duties in the Event of a Data Breach

Legal intelligence newsletter JD Supra has published an article advising lawyers on what to do in the event that client files are compromised in a data breach. Data breaches attacks on public institutions and private businesses are becoming increasingly common as hackers find more and… Read More

Investigator Links Russian Internet Tycoon to Hacks on Hilary Clinton Presidential Campaign and Financial Hacks

A veteran cybersecurity investigator has buttressed claims made in the Christopher Steele dossier that Internet infrastructure owned by Russian entrepreneur Aleksej Gubarev was used by Russian intelligence to subvert Hilary Clinton’s 2016 presidential bid, Buzzfeed reports. Gubarev’s infrastructure was also allegedly used to disperse the… Read More

Records of 15 000 Heart Patients Compromised in Crypto Ransom Attack

In January, a private heart clinic located in a Melbourne’s Cabrini hospital had 15 000 patients’ medical records locked in a ransomware attack that emanated from Russia or North Korea, 9News reports. A cryptocurrency ransom to unlock the data was subsequently demanded. The records were… Read More

Data Clouds “Main Focus for Hackers Looking to Mine Cryptocurrency” Bitglass Cla

Australian cloud access security brokerage (CASB) Bitglass has published an article in Security Briefing Australia warning that “cloud resources” have become the most coveted target of hackers pervading cryptocurrency mining malware. “Cloud computing” is essentially the outsourcing of data storage to firms running large data… Read More

Chainalysis: Two Professional Groups Behind Majority of Lucrative Cryptocurrency Exchange Hacks

In its latest “Crypto Crime Report,” blockchain forensics firm Chainalysis says that two groups are responsible for 60% of hacks on cryptocurrency exchanges, the most lucrative types of crypto hacks by far: “Hacking dwarfs all other forms of crypto crime, and it is dominated by… Read More

Kudelski Security Announces New Blockchain Security Center

Kudelski Security, the cybersecurity division of the Kudelski Group (SIX: KUD.S), announced on Tuesday the launch of its new Blockchain Security Center (BSC), which is reportedly making available its cryptography expertise into the rapidly evolving blockchain developer community. According to Kudelski Security, the BSC will… Read More

New Monero CryptoMining Malware Targeting Alibaba and Tencent Clouds

Cybersecurity firm Palo Alto Networks’ Unit 42 “global threat intelligence team” has identified a new exploit illegally mining Monero cryptocurrency on Chinese public cloud networks: “Palo Alto networks recently captured and investigated new samples of the Linux coin mining malware used by the Rocke group…. Read More

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