Items Tagged with 'Hacking'

ARTICLES

  • Facebook reveals 50 million accounts breached in cyberattack

    Hackers obtained login information for 50 million accounts; another 40 million were at risk
    Facebook just announced that 50 million accounts were affected in a cyberattack that comprised users' login information. According to a statement from the social media giant, which is a popular marketing tool among real estate agents and loan officers, hackers exploited a vulnerability in Facebook’s code that allowed them to steal access tokens.
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  • Ukrainian man jailed for selling hacked financial information that led to $31 million loss

    Ruslan Yeliseyev sold more than 60,000 credit card numbers, online banking logins
    A Ukrainian man will spend the next six years in a U.S. prison after being convicted of trafficking in stolen financial information, including more than 60,000 credit card numbers and online banking logins. The stolen and trafficked personal information led to an estimated loss of $31 million from the victims’ online banking accounts and credit cards.
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  • From HW Magazine

    HOT or NOT August: What's trending in housing right now

    Cybersecurity, stress tests, Mick Mulvaney and more make the list
    Companies should keep an eye on these three cybersecurity trends, plus more homeowners are cashing in on equity and the Fed is considering eliminating the pass/fail score on bank stress tests. Read more inside!
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  • Feds arrest 8 more in ongoing action against hackers targeting wire transfers

    Africa-based conspiracy defrauded U.S. citizens and companies out of $15 million
    For the second time this month, federal authorities have arrested a number of people who allegedly participated in schemes designed to intercept and hijack wire transfers from businesses and individuals, including those involving real estate transactions. This week, eight more people were arrested for participating in a widespread, Africa-based conspiracy that allegedly defrauded U.S. citizens and companies out of $15 million over the last several years.
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  • Feds arrest dozens in sweeping action against hackers targeting wire transfers

    Including those targeting real estate transactions
    The federal government announced Monday that it conducted a massive sweep and arrested nearly 75 people who allegedly participated in schemes designed to intercept and hijack wire transfers from businesses and individuals, including those involving real estate transactions. The operation also resulted in the seizure of nearly $2.4 million, and the disruption and recovery of approximately $14 million in fraudulent wire transfers.
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  • Monday Morning Cup of Coffee: Goldman Sachs teases big move into mortgages

    Marcus for mortgages? Maybe
    Once a big player in mortgage lending, Goldman Sachs’ footprint in housing finance has gotten significantly smaller since the financial crisis…but that could be about to change. Is Marcus for mortgages coming soon? It appears that's something the megabank is considering. That, and more, in your Monday Morning Cup of Coffee.
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  • WEI Mortgage becomes latest victim of data breach

    Employee’s email account accessed via phishing scheme
    Virginia-based WEI Mortgage disclosed this week that is the victim of a data breach that may have exposed the highly sensitive personal information of the lender’s customers. WEI Mortgage, which is a subsidiary of Arc Home, revealed Monday that it discovered in September 2017 that one of its employees was the victim of a phishing scheme, which ultimately gained access to the employee’s account and perhaps other accounts.
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  • From HW Magazine

    Mortgage companies increase security after record hacks

    Black Knight Financial Services is taking action to stay ahead of threats
    Cybersecurity dominated the tech landscape in 2016 following a record number of data breaches. Regulators have continually warned companies in the mortgage industry to take the issue seriously. See what Black Knight Financial Services is doing to combat these threats and guard sensitive personal data.
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  • New York unveils sweeping cybersecurity regulations

    Banks, financial services industry will be required to amp up security
    Banks, insurance companies and other financial services companies that operate within the state of New York will soon be required to significantly increase their cybersecurity programs in an effort to further protect consumers’ personal and financial information.
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