Security News

EU GDPR: The Why and How for Financial Services
2017-11-21 15:18

The implementation deadline of the EU General Data Protection Regulation (GDPR) loomsLess than a year to go before full compliance will be required in May 2018.

Financial Services Has Most Code Vulnerabilities of All Industries: Analysis
2017-11-13 18:45

Last week, the Securities Industry and Financial Markets Association (SIFMA) ran Quantum Dawn IV to test the resiliency and response of the financial services industry to a major cyber incident. read more

Financial Sector Under Increasing Cybercrime Threat
2017-11-09 14:48

Europol Chief Sounds Warnings Over Ransomware, Russian-Speaking ConglomeratesThe financial sector is under increasing threat from cybercrime syndicates, and the distributed nature of today's...

Crooks poison results for financial-related searches to deliver banking malware
2017-11-03 19:03

Cyber crooks are using a clever approach to deliver banking malware to the right victims: they are poisoning the search results for specific banking-related keywords. The attack “By targeting...

Lending industry faces higher fraud costs than e-commerce, retail and financial services
2017-10-26 13:30

Lenders face higher costs of fraud than other industries, including retail, e-commerce and financial services. For every dollar of fraud, lending companies incur $2.82 in costs, which includes...

Visa Makes Biometrics Easier for Financial Institutions
2017-10-20 15:42

The acceptance and adoption of biometrics as a primary or second factor in multi-factor authentication has been considerably slower than expected. There are signs now, however, that it is finally...

Digital transformation, regulations impacting data security decisions at financial organizations
2017-10-17 15:36

Almost half (49%) of global financial services organisations have experienced a data breach in the past, according to the 2017 Thales Data Threat Report, Financial Edition. The report also reveals...

XPCTRA financial malware leaves no stone unturned
2017-09-26 16:58

A Trojan that has previously been only stealing users’ banking credentials has been modified to do much more than that. This new variant, dubbed XPCTRA, can also steal users credentials for...