Strict 30 day timeline fixed for Financial Institutions on data breaches says SEC

Financial institutions operating throughout America are now mandated to promptly report any data breaches within a 30-day timeframe, as per a new regulation set to be enforced by the Security and Exchange Commission (SEC) by the end of this month. This requirement extends to a range of financial entities, including funding organizations, investment platforms, tax […]

SEC admits on Twitter X that security lapses led to account hack

The U.S. Securities and Exchange Commission (SEC) has made a significant announcement regarding the security of its X account, affirming the implementation of 2-factor authentication to bolster its defenses. Emphasizing its commitment to fortifying security measures, the SEC aims to prevent any potential cyber threats moving forward. For those unfamiliar with the recent events, on […]

Cyber Attack news headlines trending on Google

Interpol, in collaboration with several global law enforcement agencies, initiated Operation Synergia with the aim of apprehending criminals involved in spreading ransomware and conducting malware and phishing attacks. The operation successfully resulted in the seizure of approximately 1300 suspected IP addresses and URLs engaged in ransomware and banking malware dissemination. Security researchers from the Israeli […]

Headlines Trending on Google Regarding Recent Cyber Attacks

Kansas City Area Transportation Authority Faces Ransomware Attack on IT Infrastructure The Kansas City Area Transportation Authority (KCATA) has fallen victim to a digital attack on its IT infrastructure, suspected to be the work of a ransomware spreading gang, according to the latest FBI report. The incident, which began on Monday, has disrupted the organization’s […]

ALPHV Ransomware gang files SEC Complaint against a victim

In a groundbreaking development in the realm of ransomware, ALPHV, also known as BlackCAT, has taken an unprecedented step by filing a complaint with the Security and Exchange Commission (SEC) against a victim who failed to adhere to the stipulated rule mandating disclosure of a cyber attack within a 4-day timeframe. The targeted victim in […]

US SEC makes it mandatory to report cyber attack within 4 days

Security and Exchange Commission(SEC) of the United States has recently approved a crucial draft, mandating that publicly traded companies must promptly report any cyber attacks within four days of the attack’s occurrence or detection. This move aims to prevent companies from withholding vital information from their investors for extended periods. However, it does not strictly […]

SEC to take strict actions on banks falling prey to ransomware attacks

US Securities and Exchange Commission (SEC) started a Cyber Unit in 2017 to track down any cyber related misconduct among companies, including market manipulation, threat to financial infrastructure and illegal access to non-public information. Now the financial authority of North America has taken a decision to strictly punish financial institutions and banks that cannot protect […]

US SEC issues Cybersecurity warning on Ransomware and Phishing Attacks

US SEC has issued a Cybersecurity warning to all its advisors and brokerage dealers about a possible Phishing and Ransomware attack on their IT Infrastructure. The Financial agency has warned that one or more threat actors could use various fraudulent techniques to infiltrate into networks of financial institutes causing severe harm to digital assets. According […]

Ransomware news headlines trending on Google

Canada’s Northwest Territories Power Corporation (NTPC) is believed to have become a victim of ransomware attack recently, triggering the authorities to shut down their email systems and some essential services to contain the incident and neutralize the repercussions. Noel Boykin, the President & CEO of NTPC confirmed the incident and added that government entities, financial […]

US SEC issues new Cybersecurity Guidelines

United States Securities and Exchange Commission(SEC)  has issued new guidelines to companies on when to report a cyber attack. And security analysts say that the guidelines are lacking teeth, even after the commotion created by Equifax saga. In general, it has been 7 full years since SEC has advised companies on how to disclose details […]

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