Security News

A Spectre solution, a (very) brief Cloudflare outage, and a bank heist in Canada
2018-06-02 00:24

Also, the SEC takes aim at another shady ICO Roundup While we were busy chasing SpamCannibals, jailing Yahoo hackers, and blaming North Korea for everything else, there was some interesting...

Brit bank TSB facepalms at critical mass as users report receiving letters meant for other people
2018-06-01 15:43

Plus: SIM-swapping scam costs customer thousands TSB customers have reported receiving letters from the bank containing other people's details in the embattled firm's latest cock-up.…

Hackers Demand $770,000 Ransom From Canadian Banks
2018-06-01 12:33

Cybercrime: FBI Says Ransomware, Extortion Continue to DominateHackers have reportedly demanded a ransom from Bank of Montreal and Simplii Financial in exchange for not dumping 90,000 customers'...

Two Canadian Banks Probe Alleged Exposure of Customer Data
2018-05-30 17:18

Fraudsters Claim Breach of 90,000 Bank of Montreal and Simplii AccountsTwo of Canada's biggest banks are investigating claims by "fraudsters" that they accessed their customers' data. At risk:...

Fraudsters Claim To Hack Two Canadian Banks
2018-05-29 21:15

Two Canadian banks reported that they may be targets of a hack after fraudsters claimed that they electronically accessed personal and account information.

BackSwap Trojan exploits standard browser features to empty bank accounts
2018-05-29 17:03

Creating effective and stealthy banking malware is becoming increasingly difficult, forcing malware authors to come up with innovative methods. The latest creative burst in this malware segment...

Major Canadian Banks Investigating Data Breach Claims
2018-05-29 13:32

Two major Canadian banks informed customers on Monday that they launched an investigation after hackers claimed to have obtained personal and account information as a result of a data breach. read more

Do US Banks Lack the Appetite to Become Identity Custodians?
2018-05-25 18:03

Could U.S. banks emerge as identity platform providers? Ron Shevlin of Cornerstone Advisors explains in an interview why he believes that's highly unlikely.

GDPR: The Looming Impact on U.S. Banks
2018-05-21 09:33

The EU's General Data Protection Regulation, which will be enforced beginning May 25, has significant implications for how financial institutions worldwide handle customer data, says Brett King,...

Mexico Investigates Suspected Cyberattacks Against 5 Banks
2018-05-15 10:17

$20 Million in Potential Losses After Real-Time Payment Connections CompromisedMexican officials are investigating a series of technical glitches that may have been a prelude to a large...