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Over half a million highly sensitive legal and financial documents have been leaked online by a US loans company after another cloud configuration error. Security researchers at vpnMentor led by Noam Rotem found the database in an unsecured Amazon Web Services (AWS) S3 bucket at the end of December. It appears to be linked to...
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Traditional organized crime gangs are now making efforts to succeed in financial cybercrime in Latin America. According to research by IntSights into cybercrime activities in central and south America, persistent cyber-criminals are operating extensive schemes targeting banks, hospitality services,and retail businesses for their credentials and financial assets. As the attackers were deliberately changing their tactics...
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The UK’s Financial Conduct Authority (FCA) has admitted exposing the personal data of its critics online.  The FCA, whose job it is to regulate the conduct of the approximately 59,000 financial services firms and financial markets in the United Kingdom, said the data breach was accidental and inadvertent.  Names, addresses, and some telephone numbers of people...
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For years, financial technology (fintech) companies have used screen-scraping to retrieve customers’ financial data with their consent. Think lenders, financial management apps, personal finance dashboards, and accounting products doing useful things: like, say, your budgeting app will use screen-scraping to get at the incoming and outgoing transactions in your bank account, using the information to...
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The US Securities and Exchange Commission (SEC) has published a 10-page document detailing cybersecurity practices observed to be in use in the financial industry. The observations were gathered by the SEC’s Office of Compliance Inspections (OCIE) and are based on thousands of examinations of broker-dealers, investment advisers, clearing agencies, national securities exchanges, and other SEC registrants. OCIE...
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