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Fidelity National Information Services, Inc. Message Board

  • amerogcango amerogcango Jun 4, 2013 2:00 PM Flag

    FIS Security

    FDIC: 2011 FIS Breach Worse Than Reported

    A 2011 hacker break-in at banking industry behemoth Fidelity National Information Services (FIS) was far more extensive and serious than the company disclosed in public reports, banking regulators warned FIS customers last month. The disclosure highlights a shocking lack of basic security protections throughout one of the nation’s largest financial services providers.

    “The initial findings have identified many additional servers exposed by the attackers; and many more instances of the malware exploits utilized in the network intrusions of 2011, which were never properly identified or assessed,” the FDIC examiners wrote in a report from October 2012. “As a result, FIS management now recognizes that the security breach events of 2011 were not just a pre-paid card fraud event, as originally maintained, but rather are that of a broader network intrusion.”

    “From review of the previous investigation reports, along with other documentation provided by FIS, examiners and payment card industry experts identified over 2,000 touch points that indicated a broad exposure of internal FIS systems and client related data,” the report notes. “These systems include, but are not limited to, the The New York Currency Exchange ATM network, prime core application systems, and various Internet banking, ACH, and wire transfer systems. These touch points also indicated approximately 100 client financial institutions, which appear to have had sensitive data exposed by the attackers.”

    thanks Krebsonsecurity!

    Sentiment: Sell

 
FIS
63.51-0.11(-0.17%)Dec 26 4:03 PMEST

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