November 20, 2021

Personal information leaked after Pacific City Bank hit by AvosLocker Ransomware

This week, Pacific City Bank, one of the largest Korean American community banking service providers in America, has disclosed that they experienced a ransomware attack that occurred on the 30th of August 2021. The bank informed their clients of an incident and disclosed that the threat actors had obtained information from their systems including Loan application forms, Tax return documents, […]
November 19, 2021

US federal bank regulators approve new rule ordering banks to report cyberattacks within 36 hours

On Thursday 18th of November 2021, US federal bank regulatory agencies approved a new rule that requires banks to notify their primary federal regulators of significant computer-security incidents within 36 hours. Currently banks are only required to report major cyberattacks if they have or will likely impact their operations, the ability to deliver banking products and services, or the US financial […]
October 21, 2021

Ecuador’s largest bank’s system shut down for multiple days after cyber attack

During the weekend of the 10th of October 2021, Banco Pichincha, Ecuador’s largest private bank experienced a cyberattack that led to disruption to their operations and meant that their ATM and online banking portal was taken offline. Due to the shutdown of their IT system, employees are notified that bank applications, email, digital channels, and self-services will not be operational […]
September 22, 2021

IT systems of Crystal Valley Cooperative brought down due to ransomware attack

On the 19th of September 2021, Crystal Valley experienced a ransomware attack that led to them having to shut down their IT systems and resulting in payments being paid to the farm supply and grain marketing cooperative via Visa, Mastercard and Discover Credit cards were stopped. Currently it is unknown which ransomware group are behind the attack. “On Sunday, September […]
August 18, 2021

Tokio Marine Holdings announce ransomware attack against their Singapore branch

This week, Tokio Marine Holdings, one of the largest property and casualty insurance group in Japan, announced that their Singapore branch, Tokio Marine Insurance Singapore (TMiS) had experienced a ransomware attack. Very little information about the incident has been released apart from their actions in response to the incident. Tokio Marine Holdings have state that the ransomware attack only affected […]
May 18, 2021

Insurance Giant AXA – victim of Ransomware attack

AXA, which is one of the biggest insurance firms based in France, suffered a ransomware attack in mid-May at various branches in many countries including Thailand, Malaysia, Hong Kong, and the Philippines. This ransomware attack took place after AXA launched the statement that they will stop paying any kind of ransoms to the adversaries. It is believed that more than […]
March 26, 2021

Insurance companies becoming a common target – CNA Ransomware Attack

In March 2021, one of the biggest Insurance companies in the US, CNA suffered a ransomware attack from the ransomware, Phoenix CryptoLocker that has possible links to the Evil Corp hacking group. The company’s overall services and business was impacted which led to network disruption and impacting certain systems in the CNA environment. It is said that more than ten […]
March 20, 2020

UK Fintech Firm Finastra announces they were attacked by ransomware.

On the 20th of March 2020, Finastra, a leading financial technology provider from the UK, announced that it had to take several servers offline in response to a security breach they had discovered earlier that day. The announce come out after sources at two different U.S. financial institutions had forwarded a notice, they received from Finastra to cybersecurity writer Brian […]
March 3, 2020

Legal service provider Epiq Global among the Ransomware attack victims

On February 29th, 2021, Epiq Global, a highly recognized provider of legal services, experienced a ransomware attack by the Ryuk ransomware. Epiq Global’s initial response to the detection of the attack was to take all their systems offline to contain the ransomware. Later that day, news came out that some of Epiq Global’s computers and systems were running older versions […]