kelvinsecurity attacks Equicom SAVINGS BANK
Incident Date:
April 1, 2022
Overview
Title
kelvinsecurity attacks Equicom SAVINGS BANK
Victim
Equicom SAVINGS BANK
Attacker
Kelvinsecurity
Location
First Reported
April 1, 2022
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 However, it is known that ransomware groups often exploit weaknesses in network security, outdated software, or human error to gain access to systems and data.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/
Recent Ransomware Attacks
The Recent Ransomware Attacks (RRA) site acts as a watchtower, providing you with near real-time ransomware tracking of attacks, groups and their victims. Given threat actors’ overarching, lucrative success so far, ransomware attacks have become the most ubiquitous, and financially and informationally impactful cyber threat to businesses and organizations today.
The site’s data is generated based on hosting choices of real-world threat actors, and a handful of other trackers. While sanitization efforts have been taken, we cannot guarantee 100% accuracy of the data. Attack updates will be made as source data is reported by reputable sources. By viewing, accessing, or using RRA you acknowledge you are doing so at your own risk.