On March 17, 2021, the database of the card shop Swarmshop was leaked on a rival underground forum. The compromised data contained 623,036 payment-card records, 498 sets of online banking account credentials, 69,592 sets of American Social Security Numbers and Canadian Social Insurance Numbers, and 12,344 records of user data. On May 16, 2021, French insurer Axa said that its branches in Thailand, Malaysia, Hong Kong and the Philippines had been struck by a ransomware attack. A day before, the Avaddon ransomware group claimed to have stolen 3 TB of sensitive data from AXA’s Asian operations and initiated DDoS attacks. On June 16, 2021, researchers at RiskIQ discovered that a Google IP address briefly hosted a malicious card skimmer domains.

The solutions require a prescription and must be approved by the Federal Institute for Drugs and Medical Devices . A vulnerability in the Windows print spooler that is classified as critical allows attackers to take control of vulnerable systems remotely. Microsoft has since published a patch that should be installed as soon as possible. Many financial the of erp makes it valuable as a strategic planning tool. institutions still have some catching up to do when it comes to IT security. IT security forms the basis for new digital business models, which in turn create opportunities for further growth. A group of hackers that goes by the name of Fancy Lazarus has been blackmailing companies in the telecommunications, health, and finance sectors for weeks now.

On April 18, a clerk at HSBC’s headquarters in London fraudulently wired €90 million to accounts in Manchester and Morocco. The employee used passwords stolen from colleagues to execute two transactions on a Friday afternoon. He was caught when he forgot to leave the original accounts with zero balances, which HSBC staff in Malaysia spotted over the weekend. Investigators in the UK would later uncover the gang that masterminded the fraud. The U.S. Treasury Department imposed sanctions against eleven individuals and organizations in September 2017 over their links to Iran, some of whom were accused of participating in the DDoS attack. Meanwhile, U.S. President Donald Trump announced the United States’ withdrawal from the Iran nuclear deal in May 2018.

Retaliation may take the form of denial of service attacks, spearphishing, destructive malware, or vulnerability exploitation attacks. As a recent example, in September 2021, a DDoS attack took down the websites of several New Zealand financial institutions, including Kiwibank and the national postal service . In June 2021, Fiducia & GAD IT, a German organization that operates technology for the country’s cooperative banks, was targeted by a DDoS attack, impacting over 800 financial institutions across the country . From August 2020 through the end of 2021, FS-ISAC members worldwide reported threats allegedly emanating from well-known APT groups threatening a large-scale DDoS attack unless a ransom is paid . Denial of Service is a cyber attack in which the perpetrator seeks to make a machine or network resource unavailable to its intended users by temporarily or indefinitely disrupting the services of a host connected to the internet. It is typically accomplished by flooding the targeted machine or resource with superfluous requests in an attempt to overload systems and prevent some or all legitimate requests from being fulfilled.

Following a ransomware attack, Thai carrier Bangkok Airways fell victim a data breach in which sensitive data of air travelers was accessed. It’s no secret that the digital systems of banks are heavily reliant on security. The special value of data records and business processes requires the highest standards of protection. With the right strategy, an investment in digital protection pays off many times over. The critical “Log4Shell” vulnerability in the Java Log4J library enables attackers to inject malicious code on web servers and inflict massive damage. Learn what makes the vulnerability so dangerous and how you can protect yourself from Log4J-based attacks.