Business

Bank of America warns customers of data breach after vendor hack
Business

Bank of America warns customers of data breach after vendor hack

Following a hacking incident involving one of its service suppliers last year, Bank of America is alerting its clientele to a data breach that may expose their data. According to information shared with the Attorney General of Texas, the impacted individuals' names, addresses, social security numbers, dates of birth, and financial information, including account and credit card numbers, are among the customer's personally identifiable information (PII) exposed in the security breach. While Infosys McCamish Systems (IMS), the vendor whose systems were accessed, disclosed in a recent filing with the Attorney General of Maine that 57,028 customers' data was exposed in the event, Bank of America has not yet disclosed the number read more Bank of America warns customers of data breach aft...
FBI Leads International Effort to Seize Domains for Notorious Genesis Market
Business

FBI Leads International Effort to Seize Domains for Notorious Genesis Market

After obtaining a court order, the FBI has taken control of the domains of a well-known marketplace for cybercrime, dealing what it hopes would be a fatal blow to the site's administrators. The Federal Government's "Operation Cookie Monster"—named after the cookies that were sold in prodigious quantities on Genesis Market over the previous five years, coupled with other information required for logging in to third-party machines—was the cause of the action. As a result, the website was crucial in the chain of cybercrime, giving threat actors access to victim networks for data theft, ransomware attacks, fraud, and other crimes read more FBI Leads International Effort to Seize Domains for Notorious Genesis Market. With ReconBee.com Stay ahead of the latest threats with in-depth cov...
White House Allocates $3.1bn to Cybersecurity in New Budget
Business, Risk, Security

White House Allocates $3.1bn to Cybersecurity in New Budget

In its most recent budget report, the White House allotted a total of $3.1 billion on cybersecurity infrastructure. According to the paper, which was published on Thursday, $145 million of this sum will be used to make the Cybersecurity and Infrastructure Security Agency (CISA) "more resilient and defensible." The Cyber Incident Reporting for Critical Infrastructure Act of 2021 will be implemented with $98 million of the remaining monies, while CISA's internal cybersecurity and analytical capabilities will get $425 million in improvements read more White House Allocates $3.1bn to Cybersecurity in New Budget. Stay informed with the best cybersecurity news and raise your cybersecurity awareness with our comprehensive coverage of the latest threats, breaches, and solutions.
Snap teams up with OpenAI to launch own AI chatbot
Business, Events, Resources

Snap teams up with OpenAI to launch own AI chatbot

Snap plans to launch its own experimental AI chatbot for consumers this week as part of a collaboration using OpenAI's GPT technology. The social media business has announced the launch of its own experimental AI chatbot for its multi-media instant messaging Snapchat program, developed using the most recent version of ChatGPT's large-language model technology. According to the corporate website, Snapchat's blue-haired AI sidekick, dubbed "My AI," will be available solely to Snapchat+ subscribers read more Snap teams up with Ope...
Coinbase breached via SMS cyberattack
Business

Coinbase breached via SMS cyberattack

The cryptocurrency exchange claimed that the breach's perpetrators are probably the same group of hackers who attacked Twilio and Cloudflare. Threat actors gained access to some of Coinbase's data, which led to the hack. However, Coinbase claims it managed to stop it in time, preventing any loss of money or customer data. "Coinbase's cyber security measures prevented the attacker from getting direct system access, preventing any financial losses or consumer data breaches. Only a small portion of our corporate directory's data was disclosed, the business claimed read more Coinbase breached via SMS cyberattack. With ReconBee.com Stay ahead of the latest threats with in-depth coverage of cyber attacks and cybersecurity trends, and the latest cybersecurity news.
Tesla recalls over 350K US vehicles for faulty self-driving software
Business

Tesla recalls over 350K US vehicles for faulty self-driving software

Since US safety authorities discovered that Tesla's fully autonomous driving function potentially result in a crash, the automaker is recalling more than 350k vehicles. Because safety officials found that Tesla Inc.'s Full Self-Driving (FSD) Beta software does not fully abide by traffic safety standards and increases the danger of accidents, the company was compelled to recall 362,758 US vehicles. According to the US National Highway Traffic Safety Administration, the malfunctioning driver assistance system causes the car to read more Tesla recalls over 350K US vehicles for faulty self-driving software. With ReconBee.com Stay ahead of the latest threats with in-depth coverage of cyber attacks and cybersecurity trends, and the latest cybersecurity news.
BEC Groups Target Firms With Multilingual Impersonation Attacks
Business, Risk, Security

BEC Groups Target Firms With Multilingual Impersonation Attacks

Executive impersonation has been used by two business email compromise (BEC) organizations to attack businesses across the globe. Security experts at Abnormal Security have named the threat actors "Midnight Hedgehog," who specialized in payment fraud, and "Mandarin Capybara," who is committed to carrying out payroll diversion assaults, in accordance with their findings. According to Crane Hassold, the director of threat intelligence at Abnormal, "they have launched BEC campaigns in at least 13 other languages, including Danish, Dutch, Estonian, French, German, Hungarian, Italian, Norwegian, Polish, Portuguese, Spanish, and Swedish." Threat actors from Midnight Hedgehog specifically investigated the roles and connections read the complete article BEC Groups Target Firms With Multi...
LockBit and Royal Mail Ransomware Negotiation Leaked
Business, Resources, Risk, Security

LockBit and Royal Mail Ransomware Negotiation Leaked

According to a discussion log between the LockBit ransomware gang's operators and a Royal Mail negotiator revealed by the organization, the group sought £65.7 million ($79.85 million) to safely return the company's stolen data after a January cyberattack. The LockBit gang reportedly claimed responsibility for the hack, which prevented Royal Mail from operating for several days, hours after the incident. The entire dialogue between the hacking gang and a Royal Mail negotiator was leaked yesterday read the complete article LockBit and Royal Mail Ransomware Negotiation Leaked. With ReconBee.com Stay ahead of the latest threats with in-depth coverage of cyber attacks and cybersecurity trends, and the latest cybersecurity news.
CERT UA Alerts Ukrainian State Authorities of Remcos Software-Fueled Cyber Attacks
Business

CERT UA Alerts Ukrainian State Authorities of Remcos Software-Fueled Cyber Attacks

The Computer Emergency Response Team of Ukraine (CERT-UA) has issued a warning about potential cyberattacks against Ukrainian governmental institutions using the approved remote access program Remcos. The agency has identified the threat actor behind the widespread phishing campaign as UAC-0050 and based on the toolset used, they believe the action was probably spied-related. The fake emails that begin the infection chain contain a fake RAR archive and purport to be from the Ukrainian telecom business Ukrtelecom. The file contains two files: a text file providing the password to open the password-protected RAR archive and read the complete article CERT-UA Alerts Ukrainian State Authorities of Remcos Software-Fueled Cyber Attacks. Keep up with the most recent cybersecurity new...