Cyber security
Cyber security
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Coordinated sanctions target two networks behind so-called pig butchering scams, human trafficking and money laundering for North Korean cybercrime groups.
October 17 -
During cybersecurity awareness month (October), financial institutions have ramped up education on phishing, fraud and cyber hygiene. Here's what they're saying.
October 15 -
A new survey finds that fraud losses have jumped significantly in the last year, with digital channels and check fraud posing the biggest threats.
October 9 -
The failure to reauthorize protections for information exchange under the Cybersecurity Information Sharing Act has created a dangerous gap in our protection against cyber criminals and hostile state actors.
October 8 -
A government shutdown and a single senator's hold prevented the renewal this week of a bipartisan law that helped banks and other firms defend against hackers.
October 3 -
The industry has developed materials for banks looking to promote anti-scam awareness and more resources for banks.
October 1 -
A major financial services industry group focused on cybersecurity highlighted the need for planning ahead of 2030 and 2035 deadlines.
September 29 -
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A new industry standard from the Cloud Security Alliance aims to solve major security challenges for companies that rely heavily on cloud-based operations.
September 24 -
Six class action lawsuits seek over $5 million after an insider accessed sensitive records.
September 23 -
SMS-based multifactor authentication is now so badly compromised that it has become a major vector for fraud. But there's a potential solution, and it's in every bank customer's pocket.
September 16 -
A 2024 hospital ransomware breach highlights what Wyden calls Microsoft's systemic failures, urging the FTC to take action.
September 11 -
From FedNow to Venmo, banks are tapping QR codes for speed and security. Scammers are also exploiting the blind trust they elicit.
September 10 -
Researchers warn the Android banking trojan can steal money, drain crypto wallets and enable NFC relay fraud.
September 9 -
Predators often target boys ages 14 to 17, demanding money or using deepfakes to extort them.
September 8 -
A critical U.S. cybersecurity law sunsets Sept. 30, and banks say losing it would weaken defenses against hackers.
September 6 -
The database contained internal user emails, KPI report templates and other internal data, but no personal or financial customer data.
September 4 -
Attackers used stolen vendor credentials to move $130M, underscoring vulnerabilities in real-time payment systems.
September 3 -
The incident appears connected to recent social engineering campaigns, including attacks tied to Salesforce.
August 28 -
Worries that information can be kept safe is the top issue that's holding back artificial intelligence-driven tech upgrades at regional banks and credit unions.
August 28