Cyber attacks

Dave Cunningham, senior case manager for Alvaka shares insights on ransomware attacks, how to avoid them and what victims should do if they are targeted.

Hackers breached the New York community bank's cybersecurity walls in 2022, drawing regulatory scrutiny and causing its CEO to resign.

Lazarus Group, hackers based in North Korea, tricked Bybit CEO Ben Zhou into approving a transfer of 400,000 ethereum tokens from his company's cold wallet.

The heist is among the largest ever experienced by the crypto industry and highlights concerns many have over the need for better regulation.

The hacker group NoName057 claimed responsibility for DDoS attacks on major Italian banks, citing President Mattarella's remarks on Russia's invasion of Ukraine.

The credit union suffered a ransomware attack in June 2024 that affected nearly all of its banking systems.

An alarming percentage of cyberattacks in 2024 exposed eight or more pieces of sensitive customer information, a notable increase in severity. Banks need to have both proactive and reactive strategies in place to protect customers.

Data breaches in 2024 exposed billions of records, impacting financial firms, banks and consumers alike.

Mr. Cooper will be filing a motion to dismiss a data breach-related class action by Sept.13, documents show.

Vice Chair for Supervision Michael Barr says generative AI could present financial-stability risks if certain models are used ubiquitously.