Microsoft seizes websites tied to Egypt-based DIY phishing kit-maker
The kits, which the company said were a sophisticated approach to bypassing multifactor authentication, pose a particular threat to the financial services sector.
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Financial services
Ransomware attacks on financial sector targeted in House bill
The bipartisan proposal would require the Treasury secretary to detail public-private efforts to prevent and combat such incidents in a report to Congress.
Scammers target Cloudflare CEO with Silicon Valley Bank-themed spearphishing
The collapse of the U.S. tech industry's bank of choice has prompted a massive amount of fraud attempting to capitalize on its downfall.
Watchdog warns FDIC fails to test banks’ cyberdefenses effectively
The agency’s Office of Inspector General says staff at the prudential regulator are not being kept abreast of the latest cyberthreats.
SEC’s Gensler signals enhancement of cybersecurity, breach disclosure rules for financial sector
The SEC joins TSA, the FCC and other feds who have imposed or are considering imposing additional disclosure requirements.
Banks must report major cyber incidents within 36 hours under finalized regulation
Industry won some concessions in the final version of the rule, which banks must comply with by May.
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Robinhood breach exposed information on 7 million people
The company said it doesn't believe Social Security or bank account numbers were accessed.
2021 ransomware transactions already exceed 2020 numbers, Treasury Department says
DarkSide and REvil were two of the most popular ransomware strains reported.
Hacker, money launderer sentenced to prison for scamming tax preparers and COVID-19 relief programs
The scheme, which included a money laundering operation, netted $280,000 from COVID-19 relief in one state alone.
SEC fines brokerage firms over email hacks, customer data exposure
Collectively, the companies will pay $750,000.