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We focus on the latest news surrounding data breaches, leaks and hacks plus daily internet security articles.

Tag: bank hacks

data breach fraud
February 15, 2018

The Swedish data breach attack and fraud trial

Swedish prosecutors initiated a huge trial after a number of private and public organisations were hacked. Eight people are reportedly standing on trial for the criminal charges that saw at least 40 million Swedish kronor (£3.6 million) stolen or mishandled.

If convicted, the alleged perpetrators could face eight years in jail for their criminal conduct. The exact number of victims has not been confirmed.

The criminal hacker group reportedly hijacked computers and set up social engineering attacks to steal money from a number of organisations and individuals. The Swedish Prison and Probation Service was hit by a breach, along with 20 companies, four banks, a number of law firms, and private individuals also.
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hack
November 28, 2017

The 2016 Tesco bank hack – when banks are breached

It’s a rare thing for a bank to suffer a data breach, but around this time last year people were left fearful after Tesco suffered a massive security breach in their banking branch.

Reportedly, around 40,000 Tesco Bank accounts were affected with money taken from some 20,000 accounts.

At least £2.5 million was stolen in what was deemed as one of the biggest, successful attacks on a bank to have ever occurred, and potentially the very first, large-scale attack where money was directly stolen from a bank.
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breach hits finances
August 30, 2017

UniCredit data breach puts 400,000 customers at risk

Based in Milan, UniCredit Banca is the largest bank in Italy whilst maintaining a global reach with its banking and financial services. Unfortunately, the bank was subject to two security breaches that may have compromised hundreds of thousands of customers’ information.

It’s believed that hackers may have stolen personal data and certain financial information. Customer account numbers may be compromised but UniCredit has assured the public that account passwords were not accessed and therefore unauthorised transactions cannot be made.

Or so we hope…
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August 10, 2016

ATM Chip and Pin hack revealed at Black Hat conference

While chip and pin is widely used in Europe, the US has only just started to use the technology.

Concerns across the pond are that this makes them a new target for hackers, according to researchers at the Black Hat conference in Las Vegas.

They demonstrated how hackers were able to use mostly unmodified ATM machines to dispense hundreds of dollars -similar to how hackers would possibly use the machines.
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ignoring cyberattacks
April 04, 2016

Santander Cash Points targeted by criminals

A number of Santander cash machines have been effectively targeted by criminals, and police are warning people to be vigilante and to avoid using Santander cash points.

First reports came in from police who confirmed: “Security at Santander ATMs in Lancs (Lancashire) has been compromised. Advice is not to use them” – but the warning has since been extended across the whole of the UK.

Victims who have lost money are being told to contact Santander as soon as possible.
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