The Bank of Canada is more concerned than it was a year ago about the risks posed by high household debt to the Canadian financial system as higher interest rates increase the cost of mortgages, according to its latest financial system review. Higher borrowing costs mean more households are expected to face financial pressure in the coming years and a decline in housing prices has reduced homeowner equity, according to the annual report published on 18 May. The bank said many Canadians have le
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Flagstar Bank, https://www.flagstar.com has recently disclosed a security incident that led to the exposure of personal data belonging to up to 1.5 million customers. According to cyber threat investigators, the data breach occurred between 3 December 3 and 4 December 2021. The US financial organization is headquartered in Michigan and operates over 150 branches in areas including Indiana, California, Wisconsin, and Ohio. Flagstar Bank serves both consumer and commercial businesses, holding $2
Activity Summary - Week Ending 21 May 2021:
- Analysts identified 1,828 new IP addresses participating in various Botnets
- Red Sky Alliance identified 28,925 connections from new unique IP Addresses
- Our collection show 21 unique email accounts compromised with Keyloggers
- FiveHands Ransomware
- Panda Stealer
- Waikato (NZ) District Health Boar – Hit
- AXA Partners in Asia – attacked by the Avaddon Group
- Ireland Hospital Hacking
- Glasgow (Scotland) Caledonian University – IT shut Down
- Additional DarkSide T
The cybercriminal-controlled botnet known as TrickBot has become a public enemy number one (again) for the cybersecurity community. It has survived takedown attempts by Microsoft, analysts from leading cybersecurity firms, and even US Cyber Command. It now appears that the hackers behind TrickBot are trying a new technique to infect the deepest recesses of infected machines, reaching beyond their operating systems and into their firmware.
The security firms AdvIntel and Eclypsium revealed that t
Brazil is known for its pristine beaches, nightlife, hot dancing, and of course - The Girl from Ipanema. A recently uncovered Brazilian banking Trojan targeting Android devices can spy on over 150 apps, including those of banks, cryptocurrency exchanges, and fintech firms, as a way to gather credentials and other data, according to an analysis by security firm Kaspersky. A Trojan is sometimes called a Trojan virus or a Trojan horse virus, but that is a contradiction. Viruses can execute and r
