Cyber security
Cyber security
- AB - Technology
Phishing and ransomware attacks were among the deadliest for financial institutions in the past year.
December 27 -
Hacks of banks, credit unions and insurance companies compromised the data of millions of consumers, who filed a flurry of class actions in response.
December 22 -
The National Credit Union Administration can no longer examine third-party vendors and service providers. That leaves the industry vulnerable to cybercriminals and other bad actors.
December 16 -
Harris, who leads the New York State Department of Financial Services, will join the Financial Stability Oversight Council next year. She will replace Charles Cooper of Texas as the representative of state bank supervisors.
December 14 -
Banking companies are increasingly using application programming interfaces that transfer customer information to third-party money-management apps popular with consumers. But fraudsters are exploiting vulnerabilities in the technology to steal information.
December 1 -
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Security researchers recently infiltrated a cybergang that stole account credentials with convincing, spoof websites. Could an ABA-endorsed solution help?
November 22 -
The security company OneSpan has launched a new line of such products for financial institutions. Some are skeptical that stand-alone authentication devices are necessary.
November 4 -
The increases may simply reflect better detection and reporting, but banks continue to facilitate large ransom payments to sanctioned individuals.
November 2 -
A Bloomberg News analysis found more than 45 groups and pages — with more than 1 million combined members — where the spoils of cyber crimes and the tools needed to carry them out were offered for sale.
October 21 -
Decentralized finance, the once red-hot slice of the crypto universe that was at the center of this year's collapse of the digital-asset world, is facing a rapidly increasing new challenge: financial hacking.
October 20 -
A board member of the National Credit Union Administration urges vigilance against threats that many institutions ignore at their peril.
October 19 -
Howard Whyte, who joined the bank in January, discusses the cybersecurity threats that preoccupy him.
October 18 -
An attacker spirited away about $100 million from the decentralized finance provider Mango by manipulating the price of its token in an exploit that wiped out depositors on the crypto platform.
October 12 -
A criminal group called Prilex has stolen millions in a scheme involving fake repair people installing malware on point of sale terminals.
October 3 -
FS-ISAC will test banks' cybersecurity defenses in "hyper-realistic" simulations of malware, phishing and ransomware attacks.
September 29 - AB - Technology
The Tennessee company said the cyberattack took place in late January and early February.
September 23 -
The breach was quickly followed by fake text and app messages to customers that appeared to come from the challenger bank.
September 23 -
The Office of the Comptroller of the Currency has stopped requiring the bank to provide quarterly progress reports about its efforts to mitigate cloud computing risks.
September 16 -
The agency in charge of regulating cybersecurity incident reports asked firms Monday to give their input on how the developing set of rules should work.
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