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Business continuity plans should be used constantly, not just when the crisis is at its peak, says the New York Fed’s head of financial services.June 24
Executive Vice President, Wholesale Product manager and head of the Financial Services GroupThe Federal Reserve Bank of New York -
In a new twist on an old scam, cybercriminals have tried to get thousands of people to surrender their Wells bank account information by sending authentic-looking emails containing malicious links that lead to a fake website bearing the company's name.June 22
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Mobile banking use has swelled since the pandemic hit, and law enforcement officials expect hackers to target the credentials of digital novices. The FBI stressed the importance of two-factor authentication and ensuring consumers know how to spot fake apps that carry malware.June 11
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Cybercriminals have targeted at least four financial services technology companies in recent months, potentially giving hackers back-door access to clients. Here’s how banks can guard against that.May 26
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Criminals developing EventBot malware built it to take advantage of businesses and humans turning to mobile banking and payments in the current coronavirus crisis — but also to update itself on the fly to become more insidious in the future.May 15
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The popular videoconferencing service has been beset by security issues, and some banks have banned employees from using it. Are they overreacting?April 23
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Hacker emails disguised as pleas for aid have surged in the past month, and they're targeting bank employees and the many others working from home.March 30
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What banks need to know about the coronavirus stimulus package; tech vendor Finastra hit with ransomware attack; bank CIOs confront challenge of so many employees working at home; and more from this week's most-read stories.March 27
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The attack knocked out core and mobile banking systems at several U.S. banks, and Finastra is working to get them up and running.March 23
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Financial institutions need to alert customers about emails or websites that pretend to offer important COVID-19 information but instead could end up stealing their account numbers or logins.March 11
