Data and information management

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.

A board member of the National Credit Union Administration urges vigilance against threats that many institutions ignore at their peril.

Howard Whyte, who joined the bank in January, discusses the cybersecurity threats that preoccupy him.

With many consumers using online banking and mobile apps and consenting to data sharing without truly understanding what this means, the discussions around open finance are becoming more intense.

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.

The bank claims it has migrated all traffic from third-party apps and services to its secure API.

A criminal group called Prilex has stolen millions in a scheme involving fake repair people installing malware on point of sale terminals.

Customers Bank, Cogent Bank and Western Alliance bank settled 400  transactions among themselves in real time, over the course of eight hours.

FS-ISAC will test banks' cybersecurity defenses in "hyper-realistic" simulations of malware, phishing and ransomware attacks.

The Tennessee company said the cyberattack took place in late January and early February.