Security News
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
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...
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...
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...
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...
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...
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...
The US Securities and Exchange Commission has announced it is setting up a special unit dedicated to identifying cyber-related misconduct. read more
The hack disclosed at the U.S. Securities and Exchange Commission deals a fresh blow to confidence in the security of the financial system weeks after news of a potentially catastrophic breach at...