.jpg?width=200&height=78&name=CH%20Diligence%20(thicker%20line).jpg "CH Diligence (thicker line)")
The Jerusalem Post: Just a few weeks since Iranian protesters torched hundreds of bank branches throughout the country, the Islamic republic’s financial authorities are dealing with another threat: A cyber attack caused the bank details of millions of Iranians to be published online, The New York Times reported.
Reuters: North Korean state-backed hackers appear to be cooperating with Eastern European cybercriminals, a report here said, a finding that suggests digital gangsters and state-backed spies are finding common ground online.
CTV: The Desjardins Group says the employee who stole the personal data of 4.2 million members of the financial co-operative also gained access to information for 1.8 million credit card holders.
Business 2 Community: Up until the early eighties, transactions at financial institutions were handwritten, calculated long-hand, and done without the aid of a computer or calculator. Fast forward many years and not only can we make deposits and automate our bills to be paid online, but many employees of financial institutions are starting to work remotely as well.
Security Week: Insurance is a fundamental aspect of business risk management used to spread or mitigate financial risk by transferring it to a third party.
Reuters: British cyber security officials are investigating whether classified UK-U.S. trade documents that were shared online ahead of Thursday’s election were acquired by hacking or were leaked, two sources told Reuters.
The target: SingHealth, Singapore’s largest group of healthcare organizations.
The take: 1.5 million patient records which included: names, prescriptions, medical records, government registration numbers, addresses and dates of birth.
The attack vector: The source of the breach according to early reports was a phishing campaign, however, security researcher’s leading hypothesis was that the attack originated through SingHealth’s failure to keep their software updated. The company used an open source penetration testing application called Ruler. However, they ignored an available patch for Ruler which addressed a known vulnerability, and which led to the hackers gaining access.
Regular and rigorous attention to security updates must be applied to ensure maximum safety of a company’s IT systems – especially where it pertains to tools used to assess the security of internal systems and the effectiveness of technical controls.
Barron's: Wilson would grow up to lead first the National Security Agency’s counterterrorism mission, and later its cyber-exploitation mission. Currently Morgan Stanley Wealth Management’s cybersecurity chief, Wilson talks with Barron’s Advisor about how fraudsters are trying to gain an edge in data theft and how advisors can stay a step ahead. And she reveals how a bunch of cybercriminals “in a basement somewhere in Tehran” drew her to Wall Street.
Independent.IE: Chinese hackers with a history of state-sponsored espionage have intercepted the text messages of thousands of foreigners in a targeted campaign that planted eavesdropping software on a telecommunications provider’s servers, a cybersecurity firm has said.
Global News Wire: Willis Towers Watson (NASDAQ: WLTW), a leading global advisory, broking and solutions company, has launched three new cyber insurance policies for clients across the U.S., Canada, the U.K. and Western Europe. The policies provide innovative, tailored solutions for large enterprise and mid-market clients, enabling them to fully assess, protect and recover losses related to cyber risk.
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