news-highlightsFirst Horizon Bank Customers Have Account Funds Drained

First Horizon Bank Customers Have Account Funds Drained

News Highlights

April 29, 2021

First Horizon Bank Customers Have Account Funds Drained


InfoSecurity magazine recently wrote about the First Horizons breach leading to customers having their account funds drained. A leading US bank has revealed a data breach in which over 100 online customers had their funds accessed by an unauthorized intruder.

First Horizon Bank claimed in a filing with the Securities and Exchange Commission (SEC) yesterday that less than $1 million was stolen in total from those accounts.

The attack itself seems to have relied on stolen or brute forced customer credentials, plus the exploitation of a vulnerability inside the financial services company.

K2’s VP, Timothy Chiu was tapped for commentary on the First Horizon breach.

Click here to read more about the First Horizon Breach and K2’s commentary.

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K2 Cyber Security delivers the Next Generation Application Workload Protection Platform to secure web applications and container workloads against sophisticated attacks including OWASP Top 10 and memory-based attacks, and provides additional vulnerability detection. K2’s Platform is deployed on production servers for runtime protection of applications and on pen-testing/pre-production servers to identify the location of the vulnerable code in real-time. K2’s solution generates almost no false alerts, eliminates breaches due to zero-day attacks, detects attacks missed by traditional security tools including Web Application Firewalls, and dramatically reduces security cost. K2 Cyber Security is located in the USA, and provides cyber security solutions globally.

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