Finance

SWIFT confirms additional cyberattacks on its messaging system

SWIFT confirms additional cyberattacks on its messaging system

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The financial messaging organization SWIFT has issued a warning to its customers stating its system has undergone repeated attacks similar to those that lead to $81 million from a Bangladesh bank.

Sixth teen arrested in breach of U.K. ISP TalkTalk

Sixth teen arrested in breach of U.K. ISP TalkTalk

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A teenager turned himself in to police in Staffordshire, U.K., where he was arrested on charges stemming from a breach of internet services provider TalkTalk.

Data breaches fueled valuations of cyber firms

Data breaches fueled valuations of cyber firms

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Stoked by headlines announcing major data breaches, the stock valuations of cybersecurity companies outperformed the Nasdaq and S&P 500 by double over the past three years.

Research: Over 6,000 data breaches in key industry sectors since 2005

Research: Over 6,000 data breaches in key industry sectors since 2005

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The Identity Theft Resource Center (ITRC) and IDT911 said that to date, the financial services, business, education, government and healthcare industrial sectors have experienced over 6,000 data breaches since 2005.

Hacked Swedish military servers used in 2013 DDoS attacks

Hacked Swedish military servers used in 2013 DDoS attacks

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Swedish military servers were used by hackers to launch 2013 attacks against U.S. financial institutions, according to reports.

Atmos, Citadel malware variant, hitting French banks

Atmos, Citadel malware variant, hitting French banks

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A variant of the notorious Citadel malware, dubbed Atmos, is targeting financial institutions in France, six months after Citadel's author was imprisoned.

Mattel duped out of $3M in phishing scam, recovers loot

Mattel duped out of $3M in phishing scam, recovers loot

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U.S. toy manufacturer Mattel fell victim to a phishing campaign, but was able to recover its money.

Cyber fraud stops Kiss from rocking and rolling all night long

Cyber fraud stops Kiss from rocking and rolling all night long

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The organizers of a huge music festival featuring more than 50 acts and slated to start April 30 was totally derailed by an as yet unnamed cyber event forcing the promoters to reschedule the show for later this summer.

Biometrically challenged: three-factor authentication systems too weak for web banking

Biometrically challenged: three-factor authentication systems too weak for web banking

Despite new adoptions by RBS and Natwest, even three factor authentication may not be enough to adequately defend online banking against attackers according to experts

Typo spells trouble for hackers, foils Bangladesh bank plot - UPDATE

Typo spells trouble for hackers, foils Bangladesh bank plot - UPDATE

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A plot to steal up to $1 billion from Bangladesh's central bank by siphoning funds out of its U.S. Federal Reserve account was by and large foiled after a hacker's typo triggered an investigation, Reuters reported.

Russia's Central Bank to accelerate fight with cyber-criminals

Russia's Central Bank to accelerate fight with cyber-criminals

The Bank of Russia is to double the number of staff in its FinCERT unit, a special division set up to fight cyber-crime in the credit and financial sectors.

Finland's foreign ministry hacked by Russian or Chinese spies

Finland's foreign ministry hacked by Russian or Chinese spies

Finland's foreign ministry computer network has been infiltrated by spies, foreign minister Erkki Tuomioja has revealed to the media.

Kaspersky sees uptick in spam from fake 'Amazon stores'

Kaspersky sees uptick in spam from fake 'Amazon stores'

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Kaspersky noticed an increase in fake emails that claim to be from Amazon online stores offering free gifts.

NatWest online banking suffers SMS 'smishing' scams

NatWest online banking suffers SMS 'smishing' scams

News reports suggest that both NatWest and its Royal Bank of Scotland parent were hacked by journalists from BBC Radio 4's You and Yours programme.

Krebs: Wendy's breach losses may exceed those of Target, Home Depot incidents

Krebs: Wendy's breach losses may exceed those of Target, Home Depot incidents

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The financial loss to credit unions affected by the Wendy's data breach uncovered earlier this month appears to be on pace to surpass damages incurred from the high-profile Target and Home Depot breach incidents, according to a report from Krebs on Security.

Cylance exposes 'Dust Storm' APT attack on Japanese infrastructure

Cylance exposes 'Dust Storm' APT attack on Japanese infrastructure

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An advance persistent threat group has recently been concentrating its efforts on infiltrating Japanese critical infrastructure and key commercial interests, according to cybersecurity firm Cylance.

Retailers falling short of earlier predictions on EMV readiness

Retailers falling short of earlier predictions on EMV readiness

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A new survey of U.S. payment service providers revealed that approximately 37 percent of retailers were ready to process EMV payments by Feb. 1, 2016.

Corcow Trojan manipulates currency rates

Corcow Trojan manipulates currency rates

A Russian-language banking Trojan has been found manipulating the ruble-dollar exchange rate

Kaspersky confirms return of Carbanak and two more banking APT groups

Kaspersky confirms return of Carbanak and two more banking APT groups

Kaspersky has confirmed the return of Carbanak as Carbanak 2.0 and uncovered two more groups working in the same style: Metel and GCMAN.

Dyre Trojan almost dead after 'takedown' by the Russians

Dyre Trojan almost dead after 'takedown' by the Russians

The feared Dyre banking Trojan has been almost killed off, following a reported raid by the Russian authorities on a Moscow film distribution company last November.

Cybercriminals increasingly launching APT-style attacks against banks, finds Kaspersky

Cybercriminals increasingly launching APT-style attacks against banks, finds Kaspersky

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Kaspersky Lab revealed that cybercrime organizations are increasingly stealing funds from banks by employing many of same Advanced Persistent Threat tools and tactics that previously were only attributable to nation-states.

FireEye nabs automation and orchestration firm Invotas

FireEye nabs automation and orchestration firm Invotas

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FireEye Inc. acquired Invotas International Corp., a cybersecurity company that focuses on security automation and orchestration.

Major banks to roll out ATMs that use smartphones for authentication

Major banks to roll out ATMs that use smartphones for authentication

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Bank of America, Wells Fargo and JPMorgan Chase have announced plans to roll out ATMs that take smartphones as well as ATM cards.

HSBC UK online banking operations disrupted by DDoS attack

HSBC UK online banking operations disrupted by DDoS attack

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HSBC UK this morning was the target of a DDoS attack that flooded the financial institution's systems with manufactured traffic, much to the dismay of online banking customers who were unable to access and manage their accounts.

Data Privacy Day: Chip card adoption growing, but problems linger

Data Privacy Day: Chip card adoption growing, but problems linger

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The roll out of the EMV cards last fall was expected to bring a new level of data security to American consumers and retailers, but depending upon whom one speaks the cards have either been a boon or a bust.

PayPal's business site vulnerable to remote code execution

PayPal's business site vulnerable to remote code execution

Michael Stepankin, also known as Artsploit, has disclosed a major vulnerability in PayPal's business site, allowing remote code execution.

E&Y: Cyberthreats the No. 2 driver of forensic data analytics deployments

E&Y: Cyberthreats the No. 2 driver of forensic data analytics deployments

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Businesses are expanding their use of forensic data analytics (FDA) to investigate and combat fraud, especially as fears of cyberattacks and internal data threats spike, according to an Ernst & Young report.

Survey says: Data breaches in other industries will damage financial institutions

Survey says: Data breaches in other industries will damage financial institutions

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Respondents to a new survey from FICO unanimously agreed: Data breaches this year in other industries will damage financial institutions.

Kaspersky detects surge in 'Asacub' mobile banking trojan attacks

Kaspersky detects surge in 'Asacub' mobile banking trojan attacks

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What was once a low-threat, basic spyware trojan has evolved into very powerful banking malware capable of giving hackers near-total control over one's Android device, warned Kaspersky Lab yesterday.

Social engineering scam targets SMBs with trojans, report warns

Social engineering scam targets SMBs with trojans, report warns

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A crude but dangerous email-based social engineering scam has been targeting small-to-medium-size businesses in the U.S., U.K. and India since early 2015, the Symantec Security Response blog warned today.

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