THE threat of debilitating attacks launched by hackers has become so concerning that financial institutions in London are reportedly stockpiling Bitcoin to pay off potential ransom demands of cyber criminals.
On Friday in the US, a number of major sites
Two more incidents of bank fraud have been reported from the two districts triggering tension among the customers using the ATM facility.
Altogether Rs 1.5 lakh has been siphoned off from the SBI account of the two customers each from
RAYNHAM – More than 700 debit card customers of HarborOne Bank have been impacted by “fraudulent activity,” HarborOne Senior Vice President Dave Tryder told the Taunton Daily Gazette Wednesday afternoon.
HarborOne has teamed up with local police and the FBI
A slew of banks in India will either replace or ask customer to change the security codes of as many as 3.2 million debit cards on fears of potential breaches, the Economic Times newspaper reported on Thursday.
The move comes
Hackers who relentlessly pursue banks may run into tougher defenses as the Federal Reserve and other U.S. regulators force the biggest lenders to plug any vulnerabilities.
Banking agencies released a proposal on Wednesday for rules that would require lenders —
Fairfield County Bank Insurance Services and Fairfield County Bank hosted two local events educating customers on the potential threats of cybersecurity fraud.
The speakers from Fairfield County Bank included Donald McGran Jr., Security Advisor, and Stephen Wooters, Executive Vice President,
Financial services companies are lucrative targets for hackers. Cybersecurity risk management expert Ertem Osmanoglu explains what data hackers are after and how companies should respond to attacks.
2016 is the year of the digital bank heist. Earlier this year a
Some Brattleboro Savings & Loan customers had their accounts hacked into this weekend in what bank officials say was part of a regional or possibly national scam.
Bank president Dan Yates says a text message went out Saturday morning to
The financial sector has increasing embraced digital technologies but with it, the threat of crippling cyber attacks has become a major concern.
Banks and other major financial institutions have significant resources in the digital space. More money exists as data
The global interbank messaging system, which is used to move trillions of dollars each day and has quickly become a prime target of hackers, experienced yet another attack by a hacking group. In this week’s Hacker Tracker, we explore why
Some 50 suspects from 15 Russian regions have been arrested, believed to be part of Russia’s largest hacking group, responsible for Trojan and botnet attacks on Russian banks, stealing some £57 million.
Earlier this month the Russian Federal Security Service
A malware-wielding gang has been targeting financial firms’ SWIFT software to inject fraudulent money-moving messages since at least January in “discreet campaigns” not tied to the Bangladesh Bank hack, security firm Symantec warns.
The emergence of the targeted attacks, which
Hackers have stolen the personal details of customers of a health fund used by Commonwealth Bank employees.
Customers of the CBHS Health Fund recently reported receiving unsolicited emails from suspicious email addresses.
On the company’s Facebook page, several customers said
EAST PATCHOGUE – Some customers of Suffolk County National Bank found their accounts hacked over the weekend.
Most customers who spoke with News 12 Long Island say the fraudulent withdrawals were made at ATMs primarily in Queens over the long
A Maryland man accused of participating in a yearslong scheme described by the Justice Department as “securities fraud on cyber steroids” was arrested in Russia on immigration charges several months ago following a lengthy manhunt, Bloomberg reported Tuesday.
A second hacking group is also trying to rob banks by exploiting the SWIFT money transfer system, following a US$81 million heist in February that used a similar approach.
cio sept 2016 cover
CIO September 2016 Digital Magazine: Big data
YORKSHIRE-BASED Irish jockey Dougie Costello is one of around 30 victims of banking fraud in the horse racing industry.
The Galway native, who lives in York, has had several thousand pounds taken from his account over the past three years
New APRA survey confirms that there’s no end to the cyber-carnage in sight.
It’s natural to freak out when you hear that an online service you use has been hacked. And if that service is your financial institution, the freaking
TalkTalk has been fined a record £400,000 for security failings over a cyber attack which allowed customer data to be accessed ‘with ease’, a watchdog announced.
The Information Commissioner’s Office said the attack last October could have been prevented if
Guccifer 2.0 posted several documents they said was from the Clinton Foundation while sending a shout out to WikiLeaks.
The Clinton Foundation, which Democratic nominee Hillary Clinton co-founded, has reportedly been hacked by Guccifer 2.0, who posted several documents he