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Almost 20,000 Tesco Bank customers have had their money stolen from their accounts after the banking arm of UK's biggest retailer fall victim to a hacking attack this weekend. As a result of the hack, Tesco Bank has frozen online transactions in an attempt to protect its customers from, what it described as, the " online criminal activity. " However, customers can still use their debit and credit cards for cash withdrawals and card-based payments. Tesco Bank has not disclosed any details of the cyber attack or how accounts had been compromised, but Benny Higgins, chief executive of Tesco, confirmed that the hack affected 40,000 of its 136,000 accounts, half of which had already been used to withdraw money fraudulently over the weekend. The bank would not disclose the total amount stolen from the accounts, but confirmed that the amount stolen was a " big number but not a huge number. " If you have been affected by this incident, don't worry! Higgins has apo

India is undergoing the biggest data breaches to date with as many as 3.2 Million debit card details reportedly stolen from multiple banks and financial platforms. The massive financial breach has hit India's biggest banks including State Bank of India (SBI), HDFC Bank, Yes Bank, ICICI Bank and Axis, and customers are advised to change their ATM PIN immediately. Hackers allegedly used malware to compromise the Hitachi Payment Services platform — which is used to power country's ATM, point-of-sale (PoS) machines and other financial transactions — and stole details of 3.2 Million debit cards, reports The Economic Times. Of 3.2 Million debit cards, 2.6 Million are powered by Visa or Mastercard and rest 600,000 work on top of India's own RuPay platform. Hacked Debit Cards Reportedly Used in China It is not yet clear who is behind the cyber attack, but the report adds that a number of affected customers have observed unauthorized transactions made by their cards in v

Identities now transcend human boundaries. Within each line of code and every API call lies a non-human identity. These entities act as programmatic access keys, enabling authentication and facilitating interactions among systems and services, which are essential for every API call, database query, or storage account access. As we depend on multi-factor authentication and passwords to safeguard human identities, a pressing question arises: How do we guarantee the security and integrity of these non-human counterparts? How do we authenticate, authorize, and regulate access for entities devoid of life but crucial for the functioning of critical systems? Let's break it down. The challenge Imagine a cloud-native application as a bustling metropolis of tiny neighborhoods known as microservices, all neatly packed into containers. These microservices function akin to diligent worker bees, each diligently performing its designated task, be it processing data, verifying credentials, or

Around 324,000 users have likely had their payment records stolen either from payment processor BlueSnap or its customer Regpack ; however, neither of the company has admitted a data breach. BlueSnap is a payment provider which allows websites to take payments from customers by offering merchant facilities, whereas RegPack is a global online enrollment platform that uses BlueSnap to process the financial transactions for its online enrollments. The data breach was initially reported on July 10, when a hacker published a link on Twitter, pointing to a file containing roughly 324,000 records allegedly stolen from Waltham, Massachusetts-based BlueSnap. The tweet has since been deleted, but Australian security expert Troy Hunt took a copy of it for later review to analyze the data and after analyzing, he discovered that the leaked payment records are most likely legitimate. Payment Card Data Including CVV Codes Leaked The data contains users' details registred between 10

Forget about security! It turns out that the Chip-and-PIN cards are just as easy to clone as magnetic stripe cards. It took researchers just a simple chip and pin hack to withdraw up to $50,000 in cash from an ATM in America in under 15 minutes. We have been told that EMV ( Europay, MasterCard and Visa ) chip-equipped cards provides an extra layer of security which makes these cards more secure and harder to clone than the old magnetic stripe cards. But, it turns out to be just a myth. A team of security engineers from Rapid7 at Black Hat USA 2016 conference in Las Vegas demonstrated how a small and simple modifications to equipment would be enough for attackers to bypass the Chip-and-PIN protections and enable unauthorized transactions. The demonstration was part of their presentation titled, "Hacking Next-Gen ATMs: From Capture to Washout," [ PDF ]. The team of researchers was able to show the audience an ATM spitting out hundreds of dollars in cash. Here

The Popular fast-food restaurant chain Wendy's on Thursday admitted that a massive cyber attack had hit more than 1,000 of its restaurants across the country. The burger chain did not speculate how many people may have been affected, though it did confirm that the hackers were able to steal its customers' credit and debit card information. The data breach is more than three times bigger than initially thought. The original data breach was believed to have affected " fewer than 300 " of its 5,144 franchised locations in the United States when the malware was discovered in May. The Malware had been installed on Point-of-Sale (PoS) systems in the affected restaurants and was able to obtain cardholder's name, payment card number, expiration date, service code, cardholder verification value, among other data. The data breach began in fall 2015 and discovered in February this year, and the company went public with in May. Just last month, Wendy's s

In an era where major data hacks are on the rise, it is no surprise breaches on individuals are also up. In just three hours, over 100 criminals managed to steal ¥1.4 Billion ( approx. US$12.7 Million ) from around 1,400 ATMs placed in small convenience stores across Japan. The heist took place on May 15, between 5:00 am and 8:00 am, and looked like a coordinated attack by an international crime network. The crooks operated around 1,400 convenience store ATMs from where the cash was withdrawn simultaneously in 16 prefectures around Japan, including Tokyo, Osaka, Fukuoka, Kanagawa, Aichi, Nagasaki, Hyogo, Chiba and Nigata, The Mainichi reports . Also Read: Tyupkin Malware Hacking ATM Machines Worldwide Many ATM incidents involve a long-established technique called ' ATM Skimming ' in which criminals install devices to obtain card details via its magnetic stripe, or use ATM malware or from data breaches, and then work with so-called carders and money mules to pilfe

In Brief Two International hackers, Aleksandr Andreevich Panin and Hamza Bendelladj, have been sentenced to a combined 24 years and 6 months in prison for their roles in developing and distributing SpyEye banking trojan, a powerful botnet similar to the infamous ZeuS malware. Both hackers were charged with stealing hundreds of millions of dollars from banking institutions worldwide. Masterminds behind the development and distribution of the infamous " SpyEye " botnet have finally been sentenced to a combined total of 24 years and 6 months in prison. Aleksandr Andreevich Panin and Hamza Bendelladj have been sentenced for their roles in developing and distributing SpyEye malware that is said to have caused hundreds of millions of dollars in losses to the financial sector, the U.S. Justice Department said  on Wednesday. SpyEye, a successor to the notorious Zeus banking malware , has affected financial institutions since 2009. Once infected, the malware connects t

Hyatt Hotels Corporation is notifying its customers that credit card numbers and other sensitive information may have been stolen after it found malware on the computers that process customer payments. "We recently identified malware on computers that operate the payment processing systems for Hyatt-managed locations," the company announced on Wednesday. "As soon as we discovered the activity, we launched an investigation and engaged leading third-party cyber security experts." What type of information? The company didn't confirm whether the attackers succeeded in stealing payment card numbers, neither it say how long its network was infected or how many hotel chains were affected in the malware attack. But as the payment processing system was infected with credit-card-stealing malware, there is a possibility that hackers may have stolen credit card numbers and other sensitive information. What happened? Hyatt spokeswoman Stephanie Sheppard

Imagine you have lost your credit card and applied for a fresh credit card from your bank. What if some criminal is using your new credit card before you have even received it? Yes, it's possible at least with this $10 device. Hardware hacker Samy Kamkar has built a $10 device that can predict and store hundreds of American Express credit card numbers, allowing anyone to use them for wireless payment transactions, even at non-wireless terminals. The device, dubbed MagSpoof , guesses the next credit card numbers and new expiration dates based on a cancelled credit card's number and when the replacement card was requested respectively. This process does not require the three or four-digit CVV numbers that are printed on the back side of the credit cards. Also Read:  How Hackers Can Hack Your Chip-and-PIN Credit Cards The tiny gadget would be a dream of any card fraudster who can pilfer cash from the stolen credit cards even after they have been blocked

British Police have arrested a second teenage boy in relation to the major hack on the servers of UK-based telco 'TalkTalk' last week. On Monday, a 15-year-old boy (first arrest) from County Antrim, Northern Ireland, was arrested in connection with the TalkTalk Data Breach. On Thursday, The Metropolitan Police Cyber Crime Unit (MPCCU) arrested this second unnamed 16-year-old boy from Feltham in west London on suspicion of Computer Misuse Act offences. Latest TalkTalk Data breach put the Bank details and Personally Identifiable Information (PII) of millions of customers at risk, including: Nearly 21,000 Bank Accounts Almost 28,000 obscured Credit and Debit card details Less than 15,000 customer dates of birth Names, Email Addresses, and Phone Numbers of 1.2 Million Customers TalkTalk has confessed that " Not all of the data was encrypted "... yeah, its' too bad. However, " Investigations so far show that the information that may have bee

The arrest is the first major outcome since TalkTalk – the biggest phone and broadband provider in the UK with more than 4 Million customers – had suffered a serious data breach. The Police Service of Northern Ireland (PSNI) and the investigating officers from the Metropolitan police's cyber crime unit (MPCCU) have arrested a 15-year-old boy in connection with the latest cyber attack on TalkTalk . The press release issued by the police said the boy was detained in County Antrim at about 4.20pm on Monday on suspicion of committing offences under the Computer Misuse Act. The Computer Misuse Act 1990 is an act of the Parliament of the United Kingdom, according to which any computer misuse offences like: Unauthorised access to computer material. Unauthorised access with the intent to commit further offences. Unauthorised acts with the intent to impair, or with recklessness as to impairing, operation of the computers, and other electronic devices. ...Are consi

October 1, 2015, was the end of the deadline for U.S. citizens to switch to Chip-enabled Credit Cards for making the transactions through swipe cards safer. Now, a group of French forensics researchers have inspected a real-world case in which criminals played smart in such a way that they did a seamless chip-switching trick with a slip of plastic that it was identical to a normal credit card. The researchers from the École Normale Supérieure University and the Science and Technology Institute CEA did a combined study of the subject, publishing a research paper [ PDF ] that gives details of a unique credit card fraud analyzed by them. What's the Case? Back in 2011 and 2012, police arrested five French citizens for stealing about 600,000 Euros (~ $680,000) as a result of the card fraud scheme, in spite of the Chip-and-PIN cards protections. How did the Chip-and-Pin Card Fraud Scheme Work? On investigating the case, the researchers discovered that the n

Samsung has been surrounded by a lot of controversies since the past few years, but that has not influenced its productivity. But this report has raised a few eyebrows... Samsung's mobile payment system company, LoopPay , was hacked back in March this year, just a month after Samsung bought it to help make Samsung Pay a reality. Samsung acquired LoopPay for more than $250 Million in February this year, and a group of Chinese Hackers were able to access LoopPay computer systems in March. The most worrisome part is – the hack was discovered 5 months later in August . Hackers were After Technology; Not Money or Sensitive Data The hackers, believed to be from a group called ' Codoso Group ' or ' Sunshock Group ,' were after the company's Magnetic Secure Transmission (MST) Technology . The group injected LoopPay's computer network with a hidden sophisticated attack in March, but the investigation kicked off when LoopPay learned of

This week, three high-profile data breaches took place, compromising personal and sensitive details of millions of people. Telecommunication giant T-Mobile Crowdfunding website Patreon US brokerage firm Scottrade In T-Mobile's case, its credit application processor Experian was hacked , potentially exposing highly sensitive details of 15 Million people who applied for its service in the past two years. The stolen data includes home addresses, birth dates, driver's license number, passport number, military I.D. numbers and – most unfortunately – the Social Security numbers, among other information. Patreon Hack Hits 2.3 Million Users In Patreon's case, hackers managed to steal almost 15 gigabytes' worth of data including names, shipping addresses and email addresses of 2.3 Million users . In a post published late Wednesday, Patreon CEO Jack Conte confirmed that the crowdfunding firm had been hacked and that the personal data of its users h

If your Social Security number gets hacked in any data breaches, including recently hacked T-Mobile , then there's a way to prevent hackers from misusing your identity (i.e. identity theft ). The solution here is that you can institute a security freeze at each of the three credit bureaus, Equifax , Experian , or TransUnion . Once frozen, nobody will be allowed to access your credit report, which will prevent any identity thieves from opening new accounts in your name. Because most creditors required to see your credit report before approving a new account. But, if they are restricted to see your file, they may not extend the credit or open a new account in your name. However, there are some disadvantages of doing so. 1.   Cost The cost of a security freeze differs by state (check yours here ). However, it is often free for already affected people, but the issue is – if you want to let anyone check your credit, you will need to pay a fee every time to

If you applied for financing from T-Mobile anytime between 1 September 2013 and 16 September 2015, you have been HACKED! – even if you never had T-Mobile service. T-Mobile's credit application processor Experian was hacked, potentially exposing the highly personal information of more than 15 million people in the United States. The stolen information includes names, addresses, phone numbers and – most unfortunately – Social Security numbers . The massive data breach was first discovered in mid-September and has now been confirmed by T-Mobile CEO John Legere . According to Legere, Hackers successfully obtained Millions of people's private information through Experian, one of the world's largest credit check companies that process T-Mobile's credit applications. Both customers and people who submitted to a T-Mobile credit check ( but either canceled or never activated their T-Mobile service ) between September 1, 2013, and September 16, 2015, are most at ris

October 1 Liability shift ENDS! Today, 1st October 2015 , is the deadline for US-based Banks and Retailers to roll out Chip-embedded Credit Cards ( powered by EVM Technology ) to customers that will make transactions more secure. EVM Technology stands for Europay , MasterCard and Visa -- a global standard for Payment Cards equipped with Chips used to authenticate chip card transactions. Starting Thursday, Merchants must have new Payment Terminals installed to accept Chip Cards in their stores or restaurants. Otherwise, they will be responsible for credit card frauds. Stephanie Ericksen, Visa's Vice President Risk Products said, " That's the date by which if a merchant doesn't have a chip terminal, and a counterfeit card is used at that location, they may be liable for that fraud on that transaction. '' 60% Customers Still have Old Credit Cards However, If you have not received a new credit card with chip technology, don't worry,

Hackers are increasingly exploiting an unknown flaw to siphon payment card information from e-commerce websites that use Magento , the most popular e-commerce platform owned by eBay. Security researchers at Sucuri are still investigating the attack vector, but they believe that cyber criminals are injecting malicious code into the Magento core file or some widely used module/extension in order to steal payment card data. Back in April, a critical Remote Code Execution Flaw in Magento allowed hackers to fully compromise any online store powered by Magento and thereby gain access to credit card data and other financial, and personal information related to the customers. Credit Card Stealers? Now, Sucuri senior malware researcher Peter Gramantik have found an attack script that pilfers the content of every POST request and identifies valuable payment card data before storing it in an encrypted form that only the attacker can decrypt. Moreover, to evade detection,

Today anywhere you go, you will come across Free or Public WiFi hotspots -- it makes our travel easier when we stuck without a data connection. Isn't it? But, I think you'll agree with me when I say: This Free WiFi hotspot service could bring you in trouble, as it could be a bait set up by hackers or cyber criminals to get access to devices that connects to the free network. This is why mobile device manufacturers provide an option in their phone settings so that the device do not automatically connects to any unknown hotspot and asks the owner for approval every time it comes across a compatible WiFi. Hackers can grab your Credit Card Data. Here's How? Recently, security researchers from mobile security company ' Wandera ' have alerted Apple users about a potential security flaw in iOS mobile operating system that could be exploited by hackers to set up a rogue WiFi spot and then fool users into giving up their personal information, including credit card details. The l