Cybersecurity 101: Understanding Carding

As we continue our exploration into various aspects of cybersecurity, we come to a form of cybercrime known as ‘carding.’ This illegal practice involves the theft and use of credit card information. Let’s delve into what carding is, how it works, who started it, why it happens, and when the first reported case occurred. Carding, a term that has been around since the 1980s, refers to the unauthorized use of credit cards and the trafficking of stolen credit card numbers. This illicit activity has evolved […]

Cybersecurity 101: Data Breach

What is a Data Breach? A data breach is a security incident where sensitive, protected, or confidential data is copied, transmitted, viewed, stolen, altered, or used by an individual unauthorized to do so. This could be anything from credit card details, personal health information, personally identifiable information, to trade secrets of corporations or intellectual property. Data breaches can be intentional or unintentional and can be initiated by various actors, including individuals hacking for personal gain or malice, organized crime, political activists, or national governments. They […]

Understanding the Ransomware Attack on Bank BSI and How to Protect Yourself

What happened at Bank BSI? In May 2023, Bank Syariah Indonesia (BSI) experienced significant disruptions to their services, including at branch offices, ATMs, and mobile banking. The public was quickly alarmed, and suspicions arose that the bank had fallen victim to a ransomware attack. These suspicions were confirmed when a hacker group claimed responsibility for the service interruptions, stating that they had used LockBit 3.0 ransomware to target the bank. The hackers announced they had stolen about 1.5 terabytes of data, including 15 million customer […]