American fraud detection management software maker, Guardian Analytics, has fallen victim to a data breach. Extortion group Daixin Team took responsibility for the attack earlier, while the company was later listed among the latest victims of the notorious ransomware group, Lockbit. 

In a tweet, FalconFeedsio shared the names of the victims as shared on Lockbit’s leak site. “Lockbit #ransomware group added 14 new victims to their leaks site Guardian Analytics, Tonoli Group, Crystal Creamery, Sakr Group, Beth Rivkah, Scandia Food, Kostica, Fabricated Pipe Inc.” 

The information compromised in the breach includes sensitive details such as names, dates of birth, medical record numbers, patient account numbers, Social Security Numbers (PII), and medical and treatment information (PHI). 

The stolen information could potentially be used for malicious purposes, including identity theft, financial fraud, and phishing attacks. The leakage of medical and treatment information could also risk individuals’ health and privacy. 

Moreover, the collected PII and PHI can be used for various malicious purposes, including opening new financial accounts, taking out loans, obtaining medical services, phishing and hacking based on individual health information, filing fraudulent tax returns, obtaining driver’s licenses, and giving false information to the police. 

Guardian Analytics: A Leader in financial crime prevention faces its biggest foe yet 

Guardian Analytics, a leading provider of behavioral analytics and machine learning solutions for preventing banking fraud and anti-money laundering, is now a part of NICE Actimize, a business under NICE (Nasdaq: NICE).  

In June 2020, NICE Actimize acquired Guardian Analytics to expand AI cloud solutions for financial crime risk management across financial sectors.  

As the largest and broadest provider of financial crime, risk, and compliance solutions, NICE Actimize consistently ranks number one in the space.  

The full leak is expected to be published soon, with the deadline of February 18, 2023, at 00:44:07 UTC. 

Protecting against fraudsters: The Guardian Analytics approach 

Founded in 2005, Guardian Analytics has been at the forefront of developing innovative solutions for preventing banking fraud and anti-money laundering. Their expertise in behavioral analytics, combined with their active study of fraudsters’ techniques, helps clients mitigate financial fraud. 

Guardian Analytics is said to be the first fraud prevention solution to use behavior-based anomaly detection, providing automatic and immediate protection against all types of threats and schemes. 

 Their dynamic adaptation to new attacks and changes in legitimate user behavior ensures that 100% of users and account holders are protected. 

However, despite having a stronghold on the security spectrum, the company still got swayed by the threat actor. The breach serves as a reminder of the importance of taking necessary precautions to protect personal information.  

While the leaked data from Guardian Analytics highlights the need for advanced solutions in the fight against financial crime, it also underscores the commitment of companies like NICE Actimize and Guardian Analytics to protecting their client’s financial well-being. 

Who is the Daixin Team? 

The Daixin Team is a dangerous group of cybercriminals who have been wreaking havoc in the Healthcare and Public Health (HPH) Sector since June 2022. They have been carrying out malicious ransomware and data extortion operations, leaving a trail of destruction in their wake. 

They have also been exfiltrating sensitive information such as personally identifiable information (PII) and patient health information (PHI). The Daixin Team uses this information as leverage, threatening to release it to the public if a ransom is not paid.