Monthly Archives: July 2018

The Monetary Authority of Singapore (MAS) has issued instructions to leading financial institutions and banks in the country to tighten the overall customer verification process after a security breach that occurred at SingHealth which compromised the personal data of approximately 1.5 million people. The MAS claimed that it has sent out a notice to all…

A group of bank hackers stole at least $920,000 from the leading PIR Bank of Russia. This was achieved by the successful compromise due to the outdated, unsupported Cisco router at a branch office of the bank. The hackers made use of the faulty router for tunneling into the local network of the bank to…