Financial Sector

CU Collections Notifies Customers of Data Security Incident

The following press release was released on Friday, September 11,  after 5 pm. It appears to be the same press release CU Collections issued on July 29, with the exception that this one specifically mentions Wellspring Credit Union: CU Collections, LLC (“CU Collections” or the “Company”) announced today that it had suffered a data...

Japan Regulator Is Set to Ask Nomura to Report on Data Leak

Takashi Nakamichi and Takako Taniguchi report: Japan’s Financial Services Agency is set to order Nomura Holdings Inc. to submit a report on how client information was leaked to a rival firm, a person with knowledge of the matter said. The regulator has asked Nippon Institutional Securities Co., the company that received the information from a Nomura employee, to...

Chilean bank shuts down all branches following ransomware attack

There’s an update to the situation with Banco Estado, noted previously on this site.  Catalin Cimpanu reports: BancoEstado, one of Chile’s three biggest banks, was forced to shut down all branches on Monday following a ransomware attack that took place over the weekend. “Our branches will not be operational and will remain closed today,”...