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Incident. On 15 March 2024, the Commercial Bank of Ethiopia (CBE) encounter systemic glitch that occurred between 12 a.m. and 3 a.m in local time. CBE released five notes within less than 24 hours, describing the bank failure as a systemic problem in its branch level. [ 4] CBE President Abe Sano said that much of the money was withdrawn by ...
2015–2016 SWIFT banking hack. In 2015 and 2016, a series of cyberattacks using the SWIFT banking network were reported, resulting in the successful theft of millions of dollars. [ 1][ 2] The attacks were perpetrated by a hacker group known as APT 38 [ 3] whose tactics, techniques and procedure overlap with the infamous Lazarus Group who are ...
On 20 March 2013, six South Korean organizations suffered from a suspected cyberwarfare attack. [1] The organizations included three media companies ( KBS, MBC, & YTN) and three financial institutions ( The National Agricultural Cooperative Federation, Shinhan Bank, & Jeju Bank). The South Korean communications watchdog Korea Communications ...
This is a list of reports about data breaches, using data compiled from various sources, including press reports, government news releases, and mainstream news articles. The list includes those involving the theft or compromise of 30,000 or more records, although many smaller breaches occur continually. Breaches of large organizations where the ...
The Federal Trade Commission says criminals are using new scams to try to lure consumers into sharing verification codes or moving their money, and the agency is joining banks in warning people to ...
Automated teller machines (ATMs) are targets for fraud, robberies and other security breaches. In the past, the main purpose of ATMs was to deliver cash in the form of banknotes, and to debit a corresponding bank account. However, ATMs are becoming more complicated and they now serve numerous functions, thus becoming a high priority target for ...
Like most banks, U.S. Bank limits the amount of cash you can withdraw each day from the ATM. This amount is substantially less than the amount you can spend on a debit card.
It took the company six days to notice the hack. [222] The hack currently sits as the largest-ever breach in the cryptocurrency sector by dollar value. [223] It further damaged the value of SLP. [224] On 8 April 2022, Sky Mavis said it expected it would be able to recover some of the funds, but it would take several years. [225]