Cybersecurity Incident: Finastra Investigates Data Theft from Internal Platform The financial technology company Finastra, which services a significant portion of the banking sector, is currently dealing with a serious security breach involving the theft of confidential information from its internal file transfer system. KrebsOnSecurity has confirmed that over 400 gigabytes…
Fraud Management & Cybercrime, Geo Focus: Asia, Geo-Specific India’s Competition Regulator Fines WhatsApp Over Mandatory Data Sharing Policies Jayant Chakravarti (@JayJay_Tech) • November 19, 2024 Meta headquarters in Menlo Park, Calif. (Image: Shutterstock) The Competition Commission of India has imposed a fine exceeding $25 million on Meta, the parent company…
Fraud Management & Cybercrime, Healthcare, Industry Specific In the Spotlight: Anticipating Donald Trump’s Second Term; A Noteworthy Cybersecurity Merger Anna Delaney (annamadeline) • November 15, 2024 Clockwise from top left: Anna Delaney, Marianne Kolbasuk McGee, Chris Riotta, and Michael Novinson The latest discussion among the ISMG editorial team has spotlighted…
Cybercrime, Fraud Management & Cybercrime, Government Experts Anticipate Escalating Cyber Threats as Trump Eyes Second Term Chris Riotta (@chrisriotta) • November 11, 2024 Experts warn of intensified Russian attacks on countries aligning with the European Union. (Image: Shutterstock) As speculation grows around a potential second term for former President Donald…
Fraud Management & Cybercrime, Ransomware UN Members Call for Enhanced Resilience of Critical Infrastructure to Address Cyber Threats Mathew J. Schwartz (@euroinfosec) • November 11, 2024 Image: Shutterstock In a significant development, a Biden administration official highlighted during a United Nations Security Council briefing that ransomware has transcended its classification…
International Police Coalition Targets Cybercrime Networks In a significant crackdown on cybercriminal activities, an international coalition of law enforcement agencies has successfully disrupted a variety of online scams, including phishing attempts, credential theft, and ransomware distribution. This operation, known as Synergia II, was spearheaded by Interpol and spanned from early…
Ransomware Landscape Sees Shift as Attacks Decline in Early 2024 The ransomware sector experienced a significant transformation in early 2024, following a notable increase in incidents throughout 2023. The year closed with an alarming 5,070 victims globally, reflecting a staggering 55.5% rise in ransomware attacks. However, as the new year…
Rising Cyber Threats: A Closer Look at Notorious Cybercriminal Groups In our increasingly digitized world, cyber threats have transitioned from sporadic incidents to highly organized and sophisticated attacks targeting a diverse array of entities, including governments, corporations, and individuals across the globe. These menacing threats are perpetrated by various factions,…
Russian Threats Intensify During U.S. Election, Sparking Concerns Over Voting Integrity As Americans head to the polls for the 2024 presidential election, U.S. intelligence agencies have issued warnings about an uptick in Russian interference tactics aimed at disrupting the electoral process. Recent reports indicate that the Kremlin is leveraging fake…
