Security News
A cybercrime outfit stealing from as many as 10 banks in Russia, Armenia and Malaysia has borrowed heavily from one of the kingpins in this realm, Carbanak.
IBM Security announced on Tuesday the launch of a product designed to help banks and other service providers protect their customers against new account fraud (NAF). read more
A recent cyber-heist that targeted a bank in Taiwan has been linked by security researchers to an infamous threat group believed to be operating out of North Korea. read more
Trustwave researchers have uncovered a series of ingenious bank heists that cost several Eastern European and Russian banks up to $10 millions each, and they believe financial institutions in...
A Taiwanese bank has become the latest to fall victim to hackers siphoning off millions of dollars by targeting the backbone of the world financial system, SWIFT. SWIFT, or Society for Worldwide...
Sophisticated and Stealthy Bank Attack Combines Cyber and Organized Crime Organized crime and cybercriminals are working together to steal large amounts of cash from banks. The money is taken in...
Using SWIFT, Attackers Routed $60 Million to Sri Lanka, Cambodia, United StatesMalware-wielding attackers reportedly hacked into a Taiwanese bank last week and transferred nearly $60 million via...
Sri Lankan police have arrested two men for allegedly helping international criminals who hacked into computers at a Taiwan bank and stole millions of dollars, an official said Sunday. read more
Cyber criminals are increasingly accessing ATM machines through the banks' networks, with squads of money mules standing by ready to pick up the stolen cash, Europe's policing agency warned...
7 Iranians Already Indicted by Justice Department Over US Banking DisruptionsThe U.S. Treasury Department has announced sanctions against 11 individuals and organizations linked to Iran, some of...