Security News

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...

Hackers Divert Funds From Mexico Banks, Amount Unclear: Official
2018-05-14 16:58

Hackers have stolen an unknown amount of money from banks in Mexico in a series of cyber attacks on the country's interbank payments system, an official said Monday. read more

Panda Banker Campaign Hits U.S. Banks
2018-05-11 14:25

Recently detected campaigns using the Panda Banker malware are targeting financial institutions worldwide, with those in the United States taking the largest hit, F5 reports. read more

Banks Don't Want to be Weakest Link in Blockchain Revolution
2018-05-06 18:09

Blockchain, the cutting-edge technology behind virtual currencies like bitcoin, has the potential to play a disruptive role in the global finance sector, experts say, as banking behemoths seek to...

Australia's Biggest Bank Loses 20 Million Customer Records
2018-05-03 15:23

Australia's troubled Commonwealth Bank admitted Thursday it had lost financial records for almost 20 million customers in a major security blunder -- but insisted there was no need to worry. read more