Subject: SCN Daily News (HTML) Tuesday, 09 April 2019
Date: 09/04/2019, 11:10

Smart Card News Online

Tuesday, 09 April 2019

Cybercrime Group FIN6 Evolves from POS Malware to Ransomware

A cybercrime group known primarily for hacking retailers and stealing payment card details from point-of-sale (POS) systems has changed tactics and is now also deploying ransomware on infected networks.

The group, named FIN, has a reputation in the cyber-security field for being one of the most advanced cyber-criminal groups around.

Link: ZDNet

Windrush - Home Office Admits Data Breach in Compensation Scheme

The Home Office has admitted breaching data protection rules when it launched the Windrush compensation scheme.

The department sent information to Windrush migrants in a way that meant their email addresses could be seen by other people. An internal review has been launched and the matter has been referred to the Information Commissioner.

Link: BBC News

Visa Backs Branch Developing Market Drive

Emerging market-focused mobile loan provider Branch International raised $170 million in its latest funding round and inked a global partnership with joint lead investor Visa.

Under the Branch brand it supplies small loans through its mobile app and states it is the most downloaded finance app in Africa.

With the new cash injection Branch International aims to increase its business in Africa and fuel further expansion into India and Latin America.

Link: Mobile World Live

Largest Leak in History - Email Data Breach Exposes Over Two Billion Personal Records

The new world record has been set by email marketing service, thanks to some unsecured public-facing databases containing what appears to be just about all of their customer information. Passwords were not exposed in the email data breach, but quite a bit of personal information useful for identity theft and scamming was.

Initial reporting indicated that about 763 million records were exposed, but that estimate has since climbed to a little over two billion records as security researchers have found that at least four of the company's databases were open to anyone who cared to walk in the door.

Link: CPO Magazine

Bancor's Security Breach Hackers Move Back 25,000 Ethereum to Huobi

Remember, last year there was Bancor's security breach? Well, there has been an interesting addition to the story. Recently, the hackers behind the Bancor's security breach seemed to push the stolen ETH back to the crypto exchange- Huobi.

Link: CryptoNewsZ

G20 to Develop Regulation to Prevent Money Laundering and Terrorism Financing With Cryptos by June

The G20 countries will meet on 8th and 9th June in Fukuoka, Japan, in order to discuss an international regulation to prevent money laundering and terrorism financing with crypto-currencies, the local publication Kyodo reported.

Central bank governors and G20 finance ministers will take part in the meeting. The main purpose of the meeting is to establish a regulatory framework to fight against the use of digital currencies for money laundering and terrorist financing.


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