Security News

Bank-account-raiding Goznym malware bust: Five suspects collared, five still on the run. $100m feared stolen
2019-05-16 23:37

Most exciting Enid Blyton book yet – Five accused of international fraud? Ten people have been accused of masterminded the theft of roughly $100m from bank accounts using the Goznym malware. Five...

Breaking news: Bank-card-slurping malware sneaks into Forbes' mag subscription website
2019-05-16 01:57

Dead-tree devotees who recently signed up may want to check their statements The Magecart credit-card-skimming malware that is the bane of internet shoppers has been spotted again, this time on...

FIS releases new digital account onboarding solution for trust companies and banks
2019-05-09 01:30

FIS, a global leader in financial services technology, announced the launch of an innovative digital onboarding solution for use by trust companies and bank trust departments in creating and...

Open banking establishes new access to banks’ networks, creating additional security issues
2019-05-08 05:00

As more markets adopt open banking — which mandates banks to open their systems to third parties — it will be increasingly critical for banks to ensure the security of not only their networks, but...

Consumers trust banks most with their personal data, 68% still fear identity theft
2019-04-26 05:15

People trust banks and other financial entities to safeguard their personal data more than other organizations. New nCipher Security research also illustrates how easily that trust can be eroded,...

'Silence' Cybercrime Gang Targets Banks in More Regions
2019-04-23 17:48

Banks in U.K., India and South Korea Among Those Targeted, Researchers WarnKnown for targeting banks and ATMs in Russia and other Eastern European countries, the "Silence" gang apparently is now...

Banks continue to prioritize risk management over customer convenience
2019-04-17 04:45

Almost three in four banks in Asia Pacific anticipate that fraud in their country will increase in 2019, according to a recent poll by FICO. Of specific concern are transactions completed when...

Half of online banks allow hackers to steal your money
2019-04-05 13:18

All online banks risk giving attackers unauthorized access to personal data, funds, and sensitive information, according to Positive Technologies.

Android Trojan Targets Banks, Crypto-Currencies, e-Commerce
2019-03-28 15:36

A recently discovered Android Trojan is targeting the users of a broad range of services, including international banks, crypto-currency services, and e-commerce websites, Group-IB reports. read more

Why Criminals Love Cards Issued by US Banks
2019-03-27 22:03

Blueliv's Liv Rowley Reviews the Latest Fraud, Malware, Credential Theft TrendsSome 96 percent of all compromised payment cards have been issued by U.S. banks, reflecting not only the prevalence...