Financial Firm Fined $850K for Violating SEC Cyber Rules

Equiniti Trust Company, a financial services company, has been fined $850,000 by the Securities and Exchange Commission for failing to protect customer assets in two separate cyberattacks that resulted in the theft of over $6.6 million.

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Why C-Suite Leaders are Prime Cyber Targets

As per GetApp’s 2024 Executive Cybersecurity Report, 72% of cybersecurity professionals in the US have reported attacks on senior executives in the past 18 months, with AI-generated deepfakes playing a role in 27% of these incidents.

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Another Critical SolarWinds Web Help Desk Bug Fixed (CVE-2024-28987)

SolarWinds has fixed another critical bug in Web Help Desk, known as CVE-2024-28987. This flaw involves hardcoded credentials that can be exploited by remote unauthenticated users to access internal functions and alter data.

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Patelco Credit Union Says Breach Impacts 726k After Ransomware Gang Auctions Data

Patelco Credit Union has confirmed a data breach impacting many individuals after the RansomHub ransomware group stole some databases. 

The post Patelco Credit Union Says Breach Impacts 726k After Ransomware Gang Auctions Data appeared first on SecurityWeek.

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Critical Flaws in Traccar GPS System Expose Users to Remote Attacks

Two security vulnerabilities have been disclosed in the open-source Traccar GPS tracking system that could be potentially exploited by unauthenticated attackers to achieve remote code execution under certain circumstances.
Both the vulnerabilities are path traversal flaws and could be weaponized if guest registration is enabled, which is the default configuration for Traccar 5, Horizon3.ai

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Most Ransomware Attacks Occur Between 1 AM and 5 AM

Cybercriminals are continuously evolving their tactics, emphasizing the need for organizations to have continuous monitoring to detect suspicious activities, according to a report by Malwarebytes.

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FAA Proposes New Cybersecurity Rules for Airplanes

The increasing connectivity of airplanes to data networks has prompted regulators to consider cybersecurity threats from various sources, including maintenance laptops, airport networks, wireless sensors, and satellite communications.

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Gartner Spotlights AI, Security in 2024 Hype Cycle for Emerging Tech

Gartner’s 2024 Hype Cycle for Emerging Technologies highlights autonomous AI, developer productivity, total experience, and human-centric security and privacy programs as the key technology trends to look out for.

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New Android Malware NGate Steals NFC Data to Clone Contactless Payment Cards

Cybersecurity researchers have uncovered new Android malware that can relay victims’ contactless payment data from physical credit and debit cards to an attacker-controlled device with the goal of conducting fraudulent operations.
The Slovak cybersecurity company is tracking the novel malware as NGate, stating it observed the crimeware campaign targeting three banks in Czechia.
The malware “has

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India’s Critical Infrastructure Suffers Spike in Cyberattacks

The financial and government sectors have come under increasing attacks in India, with the Reserve Bank of India (RBI) warning banks to double down on cybersecurity.

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