Security News

Financial Conduct Authority fines Tesco Bank £16.4m over 2016 security breach
2018-10-01 13:14

Every little helps: Penalty slashed with 60% discount The Financial Conduct Authority (FCA) has slapped a £16.4m fine on Tesco Bank for the security vulnerabilities that led to millions of pounds...

Group-IB introduces Secure Bank, a solution for anti-fraud protection
2018-09-20 02:00

Secure Bank is a product catered to financial institutions that aims to prevent client-side fraud and attacks across sessions, platforms, devices, channels, and entities. It leverages Group-IB’s...

TV Licensing admits: We directed 25,000 people to send their bank details in the clear
2018-09-18 09:47

Finally said yes to HTTPS The UK's TV Licensing agency has admitted that 25,000 viewers were induced into sending their bank details over an insecure connection.…

Solid password practice on Capital One's site? Don't bank on it
2018-09-13 07:04

What's in your wallet? Definitely not a password manager Capital One is facing criticism for using policies on its banking website that prevent the use of password managers.…

BA Scrambles to Address Theft of Passenger Bank Details
2018-09-07 12:23

British Airways will financially compensate customers whose data were stolen in a "sophisticated" and "malicious" hack, chief executive Alex Cruz said Friday as he apologised for the fiasco. read more

Scrappy 'Silence' Cybercrime Gang Refines Its Bank Attacks
2018-09-05 13:18

Two-Person Gang Is Picking Up After Decline in Cobalt Attacks, Researchers WarnA cybercrime gang called "Silence," which appears to have just two members, has been tied to attacks that have so far...

Silence! Cybercrime's Pinky and the Brain have nicked $800k off banks
2018-09-05 11:47

One does dev, the other ops, and they're believed to be former white hats A pair of cybercrooks who may have started out as legit infosec pros have expanded their operations outside Russia and...

New Cobalt Campaign Targets Russian and Romanian Banks
2018-08-30 17:32

A new campaign by the Russia-based Cobalt hacking group was observed on August 13, 2018. Cobalt is best-known for targeting financial institutions, and this campaign is no different. Two targets...

Cobalt Group Targets Banks in Eastern Europe with Double-Threat Tactic
2018-08-30 15:27

The campaign uses double infection points and two command-and-control servers.

Hackers faked Cosmos backend to hoodwink bank out of $13.5m
2018-08-29 15:48

Researchers dissect methods behind Indian cyber-heist Security researchers have taken a deep dive into the cyber attack on the SWIFT/ATM infrastructure of Cosmos Bank, the recent victim of a...