Security News

Financial malware attacks increase as malware creators join forces (Help Net Security)
2016-08-12 12:45

Kaspersky Lab blocked 1,132,031 financial malware attacks on users, a rise of 15.6 percent compared to the previous quarter, according to the results of the company’s IT threat evolution report...

1 in 3 Americans report financial losses due to being defrauded (Help Net Security)
2016-08-09 13:00

With nearly half of Americans reporting they have been tricked or defrauded, citizens are concerned that the Internet is becoming less safe and want tougher federal and state laws to combat online...

The Economist on Hacking the Financial System (Schneier on Security)
2016-07-25 11:10

The Economist has an article on the potential hacking of the global financial system, both for profit or to cause mayhem. It's reasonably balanced. So how might such an attack unfold? Step one,...

Seeking Alpha Mobile Financial App Forgoes Encryption (Threatpost)
2016-07-13 13:05

The Seeking Alpha mobile app operates without a measure of encryption, putting user information, including credentials and strategic financial interests at risk.

Financial Cyber Risk Is Not Systemic Risk (Schneier on Security)
2016-06-10 17:56

This interesting essay argues that financial risks are generally not systemic risks, and instead are generally much smaller. That's certainly been our experience to date: While systemic risk is...