Security News
North American financial institutions fielded 10 times more reports of social engineering scams in 2024 than they did a year ago, according to BioCatch. The data shows scams now represent 23% of...
Calls for improvements will soon turn into demands when new rules come into force The UK's finance regulator is urging all institutions under its remit to better prepare for IT meltdowns like that...
Security debt, defined for this report as flaws that remain unfixed for longer than a year, exists in 76% of organizations in the financial services sector, with 50% of organizations carrying...
The prolific Chinese nation-state actor known as APT41 (aka Brass Typhoon, Earth Baku, Wicked Panda, or Winnti) has been attributed to a sophisticated cyber attack targeting the gambling and...
Who also worries misinformation on social media could threaten liquidity The governor of India's Reserve Bank, Shri Shaktikanta Das, yesterday warned that AI – and the platforms that provide it –...
Three different organizations in the U.S. were targeted in August 2024 by a North Korean state-sponsored threat actor called Andariel as part of a likely financially motivated attack. "While the...
Access to account info needed to tackle benefit fraud, latest bill claims Privacy campaigners are criticizing UK proposals to force banks to share data from the accounts of government benefit...
Bank customers in the Central Asia region have been targeted by a new strain of Android malware codenamed Ajina.Banker since at least November 2024 with the goal of harvesting financial...
As financial technology offers advancements and innovations, it also brings along new risks for financial crimes. Recognizing terms and ideas related to financial crime can help businesses enforce...
Cybersecurity researchers have discovered a new Android banking trojan called BlankBot targeting Turkish users with an aim to steal financial information. Discovered on July 24, 2024, BlankBot is said to be undergoing active development, with the malware abusing Android's accessibility services permissions to obtain full control over the infected devices.