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MoneyLion Locks Customer Accounts After Credential Stuffing Attacks The banking and investing platform MoneyLion had to lock customer accounts that were breached in credential stuffing attacks over the summer, in June and July. The fintech company has provided mobile banking services for borrowing, saving, and investing money to more than 8.5 million Americans since its
Neiman Marcus Sends Notices Of Breach To 4.3 Million Customers Neiman Marcus, the Texas-based luxury department stores chain, is sending notices of a data breach to roughly 4.3 million customers. According to the letter, which has been shared with Maine’s Attorney General’s office, the data breach unfolded back in May 2020 when a cyber-intruder gained access
The FCC Proposes Rules To Fight SIM Swap And Port-out Fraud The Federal Communications Commission in the U.S. this week announced that it started to work on rules that would pull the brake on SIM swapping attacks. The decision comes after the agency “received numerous complaints from consumers who have suffered significant distress, inconvenience, and
Hackers Rob Thousands Of Coinbase Customers Using MFA Flaw Crypto exchange Coinbase disclosed that a threat actor stole cryptocurrency from 6,000 customers after using a vulnerability to bypass the company’s SMS multi-factor authentication security feature. Coinbase is the world’s second-largest cryptocurrency exchange, with approximately 68 million users from over 100 countries. In a notification sent