Security News

Bank-Verlag signs up for 3-D Secure authentication solution from Entersekt and Netcetera
2020-01-24 02:00

Entersekt described the latest implementations of its authentication technology in Europe's DACH region. Entersekt's authentication solution allows consumers to approve their e-commerce payments with one touch of their banks' mobile apps.

Treasury Wants to Collect More Cyber Risk Details From Banks
2020-01-23 19:48

The U.S. Treasury Department is proposing to collect more information from banks and financial markets about the cybersecurity risks they face, according to notices posted in the Federal Register. In a notice published in the Federal Register on Wednesday, the Office of Cybersecurity and Critical Infrastructure Protection, which is a part of the Treasury Department and has responsibility for protecting the country's financial infrastructure from attacks, proposes to collect more information from the private sector to understand the potential cyber risks to U.S. financial services.

Cyberattack on a Major Bank Would Have Ripple Effect: Study
2020-01-17 17:33

A cyberattack targeting one of the largest banks in the U.S. that stops the processing of payments likely would have a major ripple effect throughout the financial system, according to a new report from the Federal Reserve Bank of New York. The impact of a cyberattack would increase if the banks strategically responded by not sending out payments and hoarding their money and assets, which the study says is likely.

Aussie Bank Says Server Upgrade Led to Data Breach
2020-01-17 15:33

P&N Bank in Perth, Australia, says a server upgrade gone wrong led to the breach of sensitive personal information in its customer relationship management system. The CRM system contains names, mailing addresses, email addresses, phone numbers, customer numbers, ages, account numbers, account balances and what the bank described as other "Nonsensitive" data related to interactions with customers.

P&N Bank Data Breach Exposes Trove of User Data
2020-01-15 20:13

P&N Bank has notifed customers of a data breach that resulted in a large amount of sensitive information being compromised. Passwords, birthdate, health information, driver's license numbers, passport numbers, social security numbers, tax file numbers, and credit card numbers were not included in the breach, the bank says.

Temenos Infinity: Giving banks the ability to create AI-driven customer experiences
2020-01-15 01:30

Temenos Infinity is the first core-agnostic product to give banks the ability to continuously transform at scale, creating AI-driven customer experiences. As the first to deliver a packaged, API-driven, digital front-office capability allowing banks to create hyper-personalized experiences while building on cloud-native, cloud-agnostic microservices, Temenos uniquely enables continuous renovation at scale of sales, servicing and marketing capabilities for the largest banks worldwide, requiring an architecture that abstracts the underlying complexity from delivery of personalized service across channels, to small banks wanting to differentiate through innovation and services, Temenos Infinity delivers agility and extensibility to both through its new microservice distribution.

Phishing Scams Target Canadian Bank Customers
2019-12-24 16:18

14 Bank Websites Spoofed as Part of Two-Year Campaign, Check Point ReportsFor two years, an attack group using Ukraine-based infrastructure has been creating hundreds of lookalike domains to...

Alleged bank vault robber posed with cash on Instagram, Facebook
2019-12-18 11:32

He allegedly stole over $88,000 from Wells Fargo's vault, then posed with cash and "his" Mercedes-Benz in posts and an Instagram rap.

Crooks are exploiting unpatched Android flaw to drain users’ bank accounts
2019-12-03 11:28

Hackers are actively exploiting StrandHogg, a newly revealed Android vulnerability, to steal users’ mobile banking credentials and empty their accounts, a Norwegian app security company has...

Half of Oracle E-Business customers open to months-old bank fraud flaw
2019-11-20 08:00

Haven't gotten around to patching since last Spring? Now would be a good time Thousands of Oracle E-Business Suite customers are vulnerable a security bug that can be exploited for bank fraud.…