kelvinsecurity attacks Equicom SAVINGS BANK
Equicom Savings Bank Targeted by Kelvinsecurity Ransomware Group
Company Overview
Equicom Savings Bank is a financial institution that offers a range of loan products and savings tools to its clients. The bank aims to provide affordable financing options for various purposes, such as travel, home improvement, and personal development.
Industry Standout
Equicom Savings Bank has partnered with FSS (Financial Software and Systems) to address online fraud and boost e-commerce growth. Under this partnership, FSS provides its Secure3D, an intelligent payment authentication solution, to create a safer and seamless way for consumers to transact in the digital economy.
Vulnerabilities
The specific vulnerabilities that led to the Equicom Savings Bank attack are not mentioned in the available sources. However, it is known that ransomware groups often exploit weaknesses in network security, outdated software, or human error to gain access to systems and data.
The Kelvinsecurity ransomware group has claimed responsibility for an attack on Equicom Savings Bank, but no further details about the attack have been provided. The bank operates in the Philippines and has partnered with FSS to address online fraud and boost e-commerce growth. The specific vulnerabilities that led to the attack are not mentioned in the available sources.
Sources
- Equicom Savings Bank - Opening Doors, Building Tomorrows. (n.d.). Retrieved April 10, 2024, from https://www.equicomsavings.com
- Ransomfeed. (n.d.). Retrieved April 10, 2024, from https://ransomfeed.it/?date=2022
- Frontier Enterprise. (2021, October 22). Equicom Savings Bank picks FSS vs online fraud. Retrieved April 10, 2024, from https://www.frontier-enterprise.com/equicom-savings-bank-picks-fss-vs-online-fraud/
- Atty. Paolo Javier. (2019-2022). Data Privacy - NPC Case Digests. Retrieved April 10, 2024, from https://www.scribd.com/document/638630294/Data-Privacy-NPC-Case-Digests-2019-2022-by-Atty-Paolo-Javier
- Ransomware Posts. (n.d.). Retrieved April 10, 2024, from https://privtools.github.io/ransomposts/
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