Security News

Capital One is not alone: 3.5B malicious login attacks target banks and customers
2019-07-31 12:35

Phishing and credential stuffing attacks are top threats to financial services organizations and customers, according to Akamai.

Capital One: Where Did the Bank Fail on Defense?
2019-07-31 09:48

Experts Say Bank May Have Made Several ErrorsThe cause of Capital One's breach is known. But experts say the incident still raises questions over why Capital One held onto personal data so long...

How to protect your corporate bank account after the Capital One breach: 10 tips
2019-07-30 15:13

A Capital One data breach put the data of 106 million people at risk, including social security numbers and banking information.

ThetaRay’s updated platform helps global banks detect and prevent financial cybercrime
2019-07-25 02:30

ThetaRay, a leading provider of AI-based Big Data analytics, announced Version 4.0 of the company’s namesake advanced analytics platform. The update includes major capability upgrades to help...

German banks to stop using SMS to deliver second authentication/verification factor
2019-07-12 11:27

German banks are moving away from SMS-based customer authentication and transaction verification (called mTAN or SMS-TAN), as the method is deemed to be too insecure. According to German business...

'Silence' Gang Tied to Bank Heist in Bangladesh: Report
2019-07-03 20:18

Group-IB Says Analysis of Malware Leads to Russian-Speaking GangA recent $3 million bank heist in Bangladesh is likely the handiwork of "Silence," a Russian-speaking gang known for its slow and...

Russian 'Silence' hacking crew turns up the volume – with $3m-plus cyber-raid on bank's cash machines
2019-07-03 11:10

Dutch Bangla falls victim to coordinated ATM scam A prominent Russian hacker crew is seemingly expanding its reach – having just pulled off a multi-million dollar cyber-heist in Bangladesh, we're told.…

Leaky Amazon S3 Buckets Expose Data of Netflix, TD Bank
2019-06-27 20:16

Netflix, TD Bank, and Ford were only a few of the companies whose data was exposed by three leaky Amazon S3 buckets owned by Attunity.

Only 12% of banks appear to be fully committed to digital transformation
2019-06-24 04:30

The US$1 trillion that traditional retail and commercial banks have invested globally over the past three years to transform their IT operations has not yet delivered the anticipated revenue...

Crime doesn't pay? Crime doesn't do secure coding, either: Akamai bug-hunters find hijack hole in bank phishing kit
2019-06-05 13:00

Absolutely criminal behavior – unrestricted file upload, really? Exclusive Phishing kits – used by miscreants to build webpages that steal victims' personal information and money by masquerading...