Nearly $200m in crypto stolen in Euler Finance attack
A Decentralized Finance lending platform was hacked, but the funds are being tracked across the blockchain......»»
F&I revenue still possible as leasing returns
As leasing grows across the country, car dealership finance managers might have a harder time hitting the kind of F&I gross profit per vehicle seen during the inventory shortage. But there's still an opportunity for the finance and insurance office,.....»»
Rezonate’s mid-market solution reduces the cloud identity attack surface
Rezonate announced a new identity security solution for mid-market companies. The offering proactively reduces the identity attack surface and improves compliance efforts in a fraction of the time of legacy IAM tools or manual methods. This approach.....»»
Public dealerships" F&I gross profits fall in Q2 but most above $2,000 a vehicle
AutoNation, Lithia, Group 1, Sonic and Asbury all had same-store finance and insurance gross profit per vehicle above $2,000 in the second quarter......»»
PSA: Watch out for phishing attacks with fake banking app updates
A security researcher has discovered a phishing attack intended to fool iPhone users into installing what is claimed to be an update to their banking app. The attack works despite iOS protections because what is actually being ‘installed’ is a.....»»
CDK Global outage highlights gaps in finance office preparation
Finance managers had to adapt with no notice or preparation, and many came out of the experience with important lessons learned......»»
Lithia"s captive finance company Driveway Finance turned a Q2 profit
Lithia Motors Q2 2024 earnings: After just a few years of operation, Lithia's relaunched captive finance car loan company Driveway Finance Corp. turned a profit during the second quarter and was on track to stay that way......»»
Lateral movement: Clearest sign of unfolding ransomware attack
44% of unfolding ransomware attacks were spotted during lateral movement, according to Barracuda Networks. 25% of incidents were detected when the attackers started writing or editing files, and 14% were unmasked by behavior that didn’t fit with kn.....»»
GM captive finance company withdraws application to create a bank
The captive finance arm of General Motors applied to charter a type of bank called an Industrial Loan Company in late 2020......»»
Week in review: PostgreSQL databases under attack, new Chrome zero-day actively exploited
Here’s an overview of some of last week’s most interesting news, articles, interviews and videos: PostgreSQL databases under attack Poorly protected PostgreSQL databases running on Linux machines are being compromised by cryptojacking attackers......»»
Tesla VP of finance exits: EV maker ‘not for the faint of heart"
Sreela Venkataratnam is the fourth executive to depart in five months, and Tesla has several challenges to overcome before the end of the year......»»
This new Android malware can steal your card details via the NFC chip
Security researchers spot a sophisticated attack that steals people's NFC data and can be used to steal money, and more......»»
Ex-bank CEO gets 24 years after falling for crypto scam, causing bank collapse
Former bank CEO ignored warnings that he was being scammed while tanking bank. Enlarge (credit: nadia_bormotova | iStock / Getty Images Plus) A federal judge sentenced a 53-year-old Kansas man to more than 24 years in pr.....»»
Wallarm API Attack Surface Management mitigates API leaks
Wallarm announced its latest innovation: API Attack Surface Management (AASM). This agentless technology transforms how organizations identify, analyze, and secure their entire API attack surface. Designed for effortless deployment, Wallarm AASM empo.....»»
Android malware uses NFC to steal money at ATMs
ESET researchers uncovered NGate malware, which can relay data from victims’ payment cards via a malicious app installed on their Android devices to the attacker’s rooted Android phone. Attack overview (Source: ESET) Unauthorized ATM withdrawals.....»»
GenAI models are easily compromised
95% of cybersecurity experts express low confidence in GenAI security measures while red team data shows anyone can easily hack GenAI models, according to Lakera. Attack methods specific to GenAI, or prompt attacks, are easily used by anyone to manip.....»»
Top architectural firm reveals it was hit by major ransomware attack
CannonDesign starts notifying people a year and a half after the incident......»»
PostgreSQL databases under attack
Poorly protected PostgreSQL databases running on Linux machines are being compromised by cryptojacking attackers. The attack – observed by Aqua Security researchers on a honeypot system – starts with the threat actors brute-forcing access.....»»
How to check if your social security number has been stolen in a giant data theft
A massive lapse of security at National Public Data has resulted in the theft of a wide array of personal data — including social security numbers — for almost every American. You can't rewind time to prevent the theft, but there are ways to chec.....»»
Average DDoS attack costs $6,000 per minute
2023 saw a surge in the frequency and duration of DDoS attacks, and in the first half of 2024, it’s clear that surge has become the new normal, according to Zayo. DDoS attack duration increases DDoS attacks surged 106% from H2 2023 to H1 2024. The.....»»
A massive data leak that probably exposed all of your personal info is hugely worse than thought
If you thought last week that just about every piece of personal data about you was stolen last week was bad, wait until you hear about how the passwords for the holding company were stolen too.New NPD breach exposes passwords, raising fresh security.....»»