Securities and Exchange Commission Settles Charges Against Flagstar for Misleading Investors About Citrix Data Breach

ADMINISTRATIVE PROCEEDING File No. 3-22360 December 16, 2024 – The Securities and Exchange Commission today filed settled charges against Flagstar Bancorp, Inc. (now known as “Flagstar Financial, Inc.”), for making materially misleadi… Continue reading Securities and Exchange Commission Settles Charges Against Flagstar for Misleading Investors About Citrix Data Breach

Dutch people advised to carry cash in case of cyberattack by Russia

Sarah McKenna Barry reports: The Dutch Central Bank has issued an unprecedented warning to the public to keep cash at home due to the risk of cyberattacks from Russia. Officials are concerned that cyberattacks have the potential to cause massive disrup… Continue reading Dutch people advised to carry cash in case of cyberattack by Russia

Cyberattack on debt acquisition firm Cabot involved theft of 394,000 data files, court hears

The Irish Times reports: A cyber attack targeting acquisition and credit servicing firm Cabot involved theft of some 394,000 data files, including material related to its direct customers and its loan book, the High Court has heard. Cabot Financial (Ir… Continue reading Cyberattack on debt acquisition firm Cabot involved theft of 394,000 data files, court hears

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.

The post Microsoft seizes websites tied to Egypt-based DIY phishing kit-maker appeared first on CyberScoop.

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Nigerian court drops charges against detained Binance executive Tigran Gambaryan

Dina Temple-Raston and James Reddick report: A Nigerian court has dropped all charges against Tigran Gambaryan, Binance’s head of financial crime compliance and a prominent former IRS investigator, two people with knowledge of the case told The Record … Continue reading Nigerian court drops charges against detained Binance executive Tigran Gambaryan

SEC amends Reg S-P to require data breach notification within 30 days

Aaron Nicodemus reports: The Securities and Exchange Commission (SEC) will require broker-dealers and registered investment advisers to adopt written policies and procedures for handling data breaches of customer data and notify affected customers with… Continue reading SEC amends Reg S-P to require data breach notification within 30 days

‘Got that boomer!’: How cybercriminals steal one-time passcodes for SIM swap attacks and raiding bank accounts

Here’s your “definitely want to read this one today” piece. Zack Whittaker reports: The incoming phone call flashes on a victim’s phone. It may only last a few seconds, but can end with the victim handing over codes that give cybercri… Continue reading ‘Got that boomer!’: How cybercriminals steal one-time passcodes for SIM swap attacks and raiding bank accounts