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By December 15, the Bangko Sentral ng Pilipinas, the Philippines' central bank, has identified two to four people as perpetrators of the hack. These people were neither employees of BDO or Unionbank. [7] Five suspects, two Nigerian nationals and three Filipinos have been arrested in relation to the hack. [8]
A faulty software update by CrowdStrike caused widespread problems with Microsoft Windows computers running its Falcon Sensor security software on 19 July 2024. The outage disrupted daily life, businesses, and governments around the world and cost at least US$10 billion in damages.
[3] [4] [1] The Iranian central bank, the Post Bank of Iran and the Bank of Industry and Mines were amongst the banks hit in the attack. [5] The attackers were likely freelance hackers seeking financial gain. [1] The attack occurred after the release of reports that Iranian hackers intervened in the 2024 presidential American elections. [6] [7] [8]
Banco de Oro (BDO) is a Philippine banking company and the largest bank in the country by total assets and market capitalization. It offers various financial services and products to retail and corporate customers, and has a network of over 1,400 branches and 4,400 ATMs nationwide.
Tiny Banker Trojan, or Tinba, is a malware program that steals users' banking information from financial institution websites. It uses man-in-the-browser attacks, network sniffing, and fake updates to infect computers and create zombies for botnets.
A class action lawsuit has sparked a viral but unsubstantiated claim that the Social Security numbers of all U.S. citizens were leaked as part of a data breach this year.
The Banco de Oro-Equitable PCI Bank merger (2004–2006) was a plan by the SM Group of Companies and Banco de Oro Universal Bank, the then fifth-largest bank in the Philippines, to merge with Equitable PCI Bank, the third-largest bank. The merger was part of a long-term goal of Banco de Oro to become one of the largest names in the Philippine ...
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