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The federal agency says the company’s products are a threat to national security.
By Carter PapeMarch 31 -
The identity management company, which has many bank clients, said it learned the extent of a January breach five days before hackers told the world about it.
By Carter PapeMarch 23 -
The cybercriminal group N4ughtySecTU claimed to have stolen 54 million personal records from the credit bureau and demanded $15 million.
By Carter PapeMarch 22 -
When the U.S. announced sanctions against Russia two weeks ago, many feared U.S. banks would bear the brunt of a payback cyberattack. Experts disagree on why that hasn't happened and whether the danger has passed.
By Carter PapeMarch 18 -
Lake Shore Savings Bank said in a regulatory filing that during the incident, employees temporarily lost access to internal systems and data. It is one of several financial institutions that have disclosed cybersecurity attacks in 2022.
By Carter PapeMarch 14 -
The bill, part of the omnibus spending package, would force banks and other critical infrastructure providers to tell the government right away when they’ve been breached.
By Carter PapeMarch 11 -
Prosecutors say Rafael Martinez and his company, MBE Capital, used false information to reap more than $71 million in fees from loans made under the Paycheck Protection Program.
By Carter PapeMarch 10 -
The legislation by Sens. Rob Portman and Gary Peters has bankers worried about burdensome reporting requirements.
By Carter PapeMarch 9 -
The hacker group is threatening to publish personal data from multiple U.S. financial institutions and using known vulnerabilities to get into their systems.
By Carter PapeMarch 4 -
Amid Russia’s invasion of its neighbor, cybersecurity officials are warning about the potential for an unconstrained cyberattack on targets in Ukraine to spread around the globe.
By Carter PapeFebruary 25 -
Eighty percent of banks plan to spend more to strengthen their safeguards against malware, phishing and other threats in the next 12 months, but only about half are vetting their defenses each year, according to a new Arizent survey. Read on for more findings.
By Carter PapeFebruary 24 -
A new wave of cyberattacks is targeting banks and other companies, two research groups have found.
By Carter PapeFebruary 22 -
Thomas Vartanian, a banking lawyer and former federal regulator, has co-founded the Financial Technology & Cybersecurity Center to address a fundamental question: Is the internet the right tool for the job of modern banking?
By Carter PapeFebruary 16 -
Faux love interests have netted more than $1 billion from victims in the past five years. Here's what banks can do to shield account holders from fraudsters.
By Carter PapeFebruary 11 -
Banks that rank high on a Fintech Similarity Score made the most government-backed small-business loans outside their local area, a study found.
By Carter PapeFebruary 8 - AB - Technology
The new group will provide technical assistance for cloud clients’ blockchain-based platforms.
By Carter PapeFebruary 1 -
The transfers are among the fastest and least expensive in the region. The quicker service will please users but the fintech faces a challenge in trying to differentiate itself from rivals, analysts said.
By Carter PapeJanuary 28 - AB - Technology
The cryptocurrency exchange recently refunded $35 million to customers whose accounts had been drained by hackers. Here's what banks and other financial firms can learn from the attack.
By Carter PapeJanuary 26 -
The Financial Services Information Sharing and Analysis Center has created a forum to let technology vendors provide security updates to their bank clients. Whether more steps need to be taken is a matter of debate.
By Carter PapeJanuary 21 -
The U.K. neobank has expanded its U.S. customer base to 300,000 mobile users and diversified its product line to include basic banking, crypto trading and investing.
By Carter PapeJanuary 19




















