Security News

Russia warns financial sector of major IT service provider hack
2025-02-24 20:48

Russia's National Coordination Center for Computer Incidents (NKTsKI) is warning organizations in the country's credit and financial sector about a breach at LANIT, a major Russian IT service and...

India's banking on the bank.in domain cleaning up its financial services sector
2025-02-10 04:31

With over 2,000 banks in operation, a domain only they can access has clear potential to make life harder for fraudsters India’s Reserve Bank last week announced a plan to use adopt dedicated...

More destructive cyberattacks target financial institutions
2025-02-05 04:00

Financial institutions will continue to be the ultimate targets for criminals and threat actors, as a successful attack offers a significant payoff, according to Contrast Security. Contrast...

8 steps to secure GenAI integration in financial services
2025-02-04 04:30

GenAI offers financial services institutions enormous opportunities, particularly in unstructured dataset analysis and management, but may also increase security risks, according to FS-ISAC. GenAI...

Coyote Malware Expands Reach: Now Targets 1,030 Sites and 73 Financial Institutions
2025-02-03 11:39

Brazilian Windows users are the target of a campaign that delivers a banking malware known as Coyote. "Once deployed, the Coyote Banking Trojan can carry out various malicious activities,...

Preparing financial institutions for the next generation of cyber threats
2025-01-29 05:30

In this Help Net Security interview, James Mirfin, SVP and Head of Risk and Identity Solutions at Visa, discusses key priorities for leaders combating fraud, the next-generation threats...

Overwhelmed by fraud? Here’s how financial pros fight back
2024-12-27 05:00

In this Help Net Security interview, Patrick Harding, Chief Architect at Ping Identity, discusses the growing threat of deepfake-related fraud and its impact on financial security. He also...

46% of financial institutions had a data breach in the past 24 months
2024-12-20 04:30

As the financial industry is the most targeted sector for data breaches in 2024, it’s now more important than ever to strengthen the industry moving into 2025, according to SailPoint. Financial...

With DORA approaching, financial institutions must strengthen their cyber resilience
2024-12-16 05:30

The clock is ticking for financial institutions across the EU as the January 17, 2025, deadline for the Digital Operational Resilience Act (DORA) approaches. This regulation will reshape how...

Social engineering scams sweep through financial institutions
2024-11-13 04:00

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...