Cuba Ransomware Extorted Over $60 Million in Ransom Fees from More than 100 Entities

The threat actors behind Cuba aka COLDDRAW ransomware have received more than $60 million in ransom payments and compromised over 100 entities across the world as of August 2022. In a new advisory shared by the U.S. Cybersecurity and Infrastructure Security Agency CISA and the Federal Bureau of...

Apache Fineract Path Traversal Vulnerability

Apache Fineract is a set of open source digital financial services platform from the U.S. Apache Apache Foundation. The platform can provide users with data management, loan and savings portfolio management and real-time financial data and other functions. A path traversal vulnerability exists in...

Enemy at the Gates: Analyzing Attacks on Financial Services

Financial services is an often attacked vertical, but to what extent and how? This blog post will cover several security issues affecting this industry...

Disneyland Malware Team: It’s a Puny World After All

A financial cybercrime group calling itself the Disneyland Team has been making liberal use of visually confusing phishing domains that spoof popular bank brands using Punycode, an Internet standard that allows web browsers to render domain names with non-Latin alphabets like Cyrillic. The...

Threat and vulnerability management - No time for complacency

There was some very good news in Coalfires 4th Annual Penetration Risk Report. Most notable was that high-risk vulnerabilities have been cut almost in half since 2018 when we first began reporting our pen testing research derived from thousands of direct client engagements. Also of note, the larg...

Cloud Security: Buyer Be Critical

Tailoring solutions to challenges It takes a toolbox with different, well, tools to secure an ever-expanding operational perimeter in the cloud. Think about what’s under the general daily purview of cloud security teams: preventing misconfigurations, taming threats and vulnerabilities, and so muc...

Imperva Stops Hordes of Bots from Hijacking Financial Accounts in Largest Recorded Account Takeover Attack

Consider for a moment that an army of bots is setting their sights on your website. They target your login page and hammer it with millions of requests in an ongoing attack that lasts days, raising your infrastructure and fraud prevention costs. Would this frighten you? What if this barrage of bo...

Quarterly Report: Incident Response Trends in Q3 2022

Ransomware and pre-ransomware engagements make up 40 percent of threats seen this quarter For the first time since compiling these reports, Cisco Talos Incident Response saw an equal number of ransomware and pre-ransomware engagements, making up nearly 40 percent of threats this quarter. It can b...

Quarterly Report: Incident Response Trends in Q3 2022

Ransomware and pre-ransomware engagements make up 40 percent of threats seen this quarter By Caitlin Huey. For the first time since compiling these reports, Cisco Talos Incident Response saw an equal number of ransomware and pre-ransomware engagements, making up nearly 40 percent of threats this...

The Global DDoS Threat Landscape – October 2022

Every month in this space, we will post the Global DDoS Threat Landscape blog on behalf of the Imperva Threat Research team. As DDoS attacks continue to pose a significant risk to businesses it is critical that we regularly communicate our Threat Research team’s findings to help the cybersecurity...

Vulnerabilities fixed in Oracle Financial Services Applications

Vulnerabilities have been fixed in Oracle Financial Services Applications. The vulnerabilities allow a malicious party to perform attacks that result in the following categories of damage: Denial-of-Service DoS Manipulation of data Circumvention of security measure Remote code execution User righ...

Rising Bot Attacks – Why is Your Organization Struggling to Deal with Them?

By Waqas Bot attacks rose by 41% in H1 2021, with the financial services and media industries facing the highest proportion… This is a post from HackRead.com Read the original post: Rising Bot Attacks – Why is Your Organization Struggling to Deal with Them?...

Financial Services Malware Just Won’t Die: What to Do About It?

The continued reemergence of the Emotet malware is keeping cybersecurity professionals on their toes. Zero Trust solutions are here to help...

The Global DDoS Threat Landscape – September 2022

Every month in this space, we will post the State of the Global DDoS Threat Landscape blog on behalf of the Imperva Threat Research team. As DDoS attacks become more frequent, varied, and sophisticated, it is critical that we regularly communicate the Imperva Threat Research team’s findings and...

DDoS in Financial Services: What to Know and What to Do

Akamai explores trends of recent application-layer DDoS attacks across the Financial Services industry...

DDoS in Financial Services: What to Know and What to Do

Akamai explores trends of recent application-layer DDoS attacks across the Financial Services industry...

Research Shows the Annual Cost of API Security-related Breaches is Mind-blowing

Application Programming Interfaces APIs have emerged as useful tools that streamline business operations and enhance the digital experience for customers. As their use has become more widespread, they are a much more prominent part of the cyber threat landscape. API-related hacks and data breache...

Phishing Attacks Skyrocket with Microsoft and Facebook as Most Abused Brands

The bloom is back on phishing attacks with criminals doubling down on fake messages abusing popular brands compared to the year prior. Microsoft, Facebook and French bank Crédit Agricole are the top abused brands in attacks, according to study on phishing released Tuesday. The study by Vade...

Discover 5 lessons Microsoft has learned about compliance management

Compliance management is a complex process—one that gets increasingly more complicated the larger an organization grows. Microsoft knows this firsthand, not only because of our experience providing Security and Compliance solutions to customers but also because of the global reach and...

Oracle Financial Services Applications Input Validation Error Vulnerability

Oracle Financial Services Applications is a suite of financial services software from Oracle USA. The products include core banking, online banking and property management, etc. FLEXCUBE Universal Banking is one of the Internet and mobile banking solution components. An input validation error...