A threat actor on a dark web forum has listed data from Truist Bank for sale following a cyberattack on the banking institution. Meanwhile, Kulicke and Soffa Industries, Inc. (K&S) is also dealing with a data breach. Reports indicate that Truist Bank client data, including sensitive information such as employee details and bank transactions, has been put up for sale on the dark web. The alleged Truist Bank data leak is attributed to a threat actor known as Sp1d3r. The data, reportedly obtained via the Snowflake breach, raises questions about the security measures in place at Truist Bank.

Truist Bank Data Breach Allegedly Goes on Sale on Dark Web

According to the threat actor’s post, the Truist Bank data breach is now selling for $1 million. The compromised data includes details of 65,000 employees, bank transactions containing names, account numbers, balances, and the source code for IVR funds transfers. [caption id="attachment_77051" align="alignnone" width="595"] Source: Dark Web[/caption] The post by the threat actor provides specific information about the data for sale and contact details for purchase. Additionally, the post includes various usernames, threads, reputation points, and contact information such as XMPP handles and email addresses associated with the threat actor. Meanwhile, Kulicke and Soffa Industries, a renowned semiconductor and electronics manufacturing company, disclosed a breach compromising millions of files. Initially detected on May 12, 2024, the breach exposed critical data, including source codes, engineering information, and personally identifiable information.

Two Cybersecurity Incidents at Once

In response to the Kulicke and Soffa data breach, K&S swiftly initiated containment measures in collaboration with cybersecurity experts and law enforcement agencies. The company's cybersecurity team worked diligently to isolate affected servers and prevent further intrusion. Despite the breach, K&S remains committed to safeguarding its systems and data integrity. In a filing with the U.S. Securities and Exchange Commission (SEC), K&S detailed its efforts to mitigate the impact of the breach. The company assured stakeholders that, as of the filing date, the incident had not materially disrupted its operations. However, investigations are ongoing to ascertain the full extent of the breach and increase the cybersecurity measures in place. The Truist Bank data breach and the Kulicke and Soffa cyber incident highlight the persistent threat of cyberattacks faced by organizations worldwide. While both entities are actively addressing the breaches, the incidents highlight a broader case of cybersecurity measures and their impact in safeguarding sensitive information and maintaining trust in the digital age. Media Disclaimer: This report is based on internal and external research obtained through various means. The information provided is for reference purposes only, and users bear full responsibility for their reliance on it. The Cyber Express assumes no liability for the accuracy or consequences of using this information.

Pure Storage, a provider of cloud storage systems and services, has confirmed and addressed a security incident involving unauthorized access to one of its Snowflake data analytics workspaces. This workspace contained telemetry information used by Pure Storage to provide proactive customer support services. The Pure Storage data breach involved a third party temporarily gaining access to the workspace, which housed data such as company names, LDAP usernames, email addresses, and the Purity software release version number. Importantly, no sensitive information like credentials for array access or any other data stored on customer systems was compromised. "Such information is never and can never be communicated outside of the array itself, and is not part of any telemetry information. Telemetry information cannot be used to gain unauthorized access to customer systems," stated Pure Storage in an official statement.

Pure Storage Data Breach: Investigation Ongoing

Upon knowing about the cybersecurity incident, Pure Storage took immediate action to block any further unauthorized access to the workspace. The company emphasized that no unusual activity has been detected on other elements of its infrastructure. “We see no evidence of unusual activity on other elements of the Pure infrastructure. Pure is monitoring our customers’ systems and has not found any unusual activity. We are currently in contact with customers who similarly have not detected unusual activity targeting their Pure systems,” reads the official statement. Preliminary findings from a cybersecurity firm engaged by Pure Storage support the company's conclusions about the nature of the exposed information. Pure Storage simplifies data storage with a cloud experience that empowers organizations to maximize their data while reducing the complexity and cost of managing the infrastructure behind it. Thousands of customers, including high-profile companies like Meta, Ford, JP Morgan, NASA, NTT, AutoNation, Equinix, and Comcast, use Pure Storage's data storage platform.

Context of Recent Snowflake Cybersecurity Incidents

Before the Pure Storage data breach, Advance Auto Parts, Inc., a significant provider of automobile aftermarket components, allegedly suffered a massive data breach. A threat actor known as “Sp1d3r” claimed responsibility, alleging the theft of three terabytes of data from the company’s Snowflake cloud storage, which is reportedly being sold for $1.5 million. Live Nation, the parent company of Ticketmaster, also confirmed "unauthorized activity" on its database hosted by Snowflake, a Boston-based cloud storage and analytics company. In a joint advisory with Mandiant and CrowdStrike, Snowflake revealed that attackers used stolen customer credentials to target accounts lacking multi-factor authentication protection. Mandiant linked these attacks to a financially motivated threat actor tracked as UNC5537 since May 2024. This malicious actor gains access to Snowflake customer accounts using credentials stolen in historical infostealer malware infections dating back to 2020. These cyberattacks have targeted hundreds of organizations worldwide, extorting victims for financial gain. So far, the cybersecurity firm has identified hundreds of customer Snowflake credentials exposed in Vidar, RisePro, Redline, Racoon Stealer, Lumm, and Metastealer malware attacks. Snowflake and Mandiant have notified around 165 organizations potentially exposed to these ongoing cyberattacks.

Findlay Automotive Group, a prominent dealership network with operations spanning Nevada, Utah, Arizona, Washington, and Idaho, recently identified a cybersecurity issue impacting certain areas of its IT infrastructure. Upon discovery, the company swiftly launched an investigation, joining the expertise of leading cybersecurity professionals and collaborating with law enforcement agencies to address the Findlay Automotive cybersecurity issue. While the investigation is ongoing, Findlay Automotive is actively working to mitigate the issue and restore full operational capabilities. However, no details related to the data compromised and the extent of the data breach have been provided by the Officials of Findlay Automotive Group. “Promptly after becoming aware of the issue, we launched an investigation with the assistance of leading cybersecurity experts and law enforcement. Our investigation is ongoing, and we are working diligently to resolve the matter,” reads the company’s statement on Facebook. [caption id="attachment_76709" align="aligncenter" width="760"] Source: Findlay Automotive's Facebook Post[/caption]

Operational Impact of Findlay Automotive Cybersecurity Issue

Despite the restrictions imposed by the Findlay Automotive cybersecurity issue, all dealership locations remain open. Customers with vehicles currently in service are encouraged to visit or contact their respective service departments directly for assistance from Findlay’s dedicated staff. "At Findlay Automotive, we have been serving our communities with pride and integrity since 1961," reads the company’s Facebook Post. "We take our responsibility to our customers and the community very seriously. We will continue to provide updates as the investigation continues and more information becomes available.” The urgency and gravity of the situation are highlighted by recent trends in cybersecurity, particularly the rising threat of ransomware attacks in the industrial sector.

Rising Cyber Threats in the Industrial Sector

In 2019, industrial companies faced significant financial burdens due to ransomware, collectively paying out $6.9 million, which accounted for 62% of the total $11 million spent on ransomware that year. Despite representing only 18% of ransomware cases, the manufacturing sector bore the brunt of the financial impact. By 2020, the cross-industry cost of ransomware had escalated to a staggering $20 billion. Gartner, a research firm, has projected that by 2023, the financial repercussions of cyberattacks on industrial systems, including potential fatal casualties, could exceed $50 billion. The automotive sector, in particular, has become a prime target for cybercriminals. As these threats intensify, paying ransoms become increasingly weak, emphasizing the necessity of enhanced cybersecurity measures to protect assets. The recent Volkswagen incident exemplifies the magnitude of these threats. In April 2024, Volkswagen faced a cyberattack, suspected to originate from Chinese hackers. The breach exposed sensitive data, including development plans for gasoline engines and critical information on e-mobility initiatives. Investigations by ZDF Frontal and “Der Spiegel” revealed more than 40 internal documents, highlighting the severity of the cyberattack. Similarly, in February 2024, Thyssenkrupp's automotive unit in Duisburg, Germany, experienced a cyberattack that disrupted production in its car parts division. Although no data theft or manipulation was detected, the company had to take several systems offline to prevent further unauthorized access, underlining the operational risks posed by such cyber incidents. Closer to home, Eagers Automotive Limited faced a cyber incident on December 27, 2023, leading to a temporary trading halt to address its continuous disclosure obligations. The company issued an apology to its customers for the inconvenience caused by the disruption, reflecting the broad and often immediate impact of cyberattacks on automotive businesses. Findlay Automotive’s proactive response to the current cybersecurity issue demonstrates its commitment to safeguarding its operations and customer trust. The company is maintaining open lines of communication with customers, providing regular updates as the investigation progresses and more information becomes available.