Moody's will begin to place more weight on considerations related to cyber risks when issuing credit ratings, the agency announced in a report.
New online educational tools to assist bank executives in defending against cybercrime have been added to the website of the FDIC.
The EU is looking to crack down on anonymous currency exchanges that could be used by terrorist.
In an environment in which cyber professionals are overwhelmed by rapidly changing security threats, industry pros generally agree that a remediation plan must involve difficult decisions about the security issues that companies are willing to accept the risk rather than take action.
A new variant of the notorious banking trojan Dyreza has been detected by researchers at Heimdal Security.
It's not the chip cards themselves but the slow adoption of the platform in the U.S. that is leaving consumers vulnerable to credit card fraud, an FBI representative said recently.
FireEye CEO blames losses on China cybertreaty, competitors dispute drop in China's hacking activitiesNovember 06, 2015
Publicly listed FireEye Inc. missed its projected quarterly earnings and during an earnings call CEO Dave DeWalt attributed the disappointing results in part to the U.S.-China cybertreaty announced during Chinese President Xi Jinping's U.S. visit in September.
Regulatory agencies in the U.S. are increasingly concerned by ransomware attacks against financial institutions. The Federal Financial Institutions Examination Council (FFIEC) published a statement warning financial institutions of an uptick in the "frequency and severity of cyber attacks involving extortion."
JPMorgan Chase & Co.'s CSO Jim Cummings reportedly was reassigned to a new position within the bank following the company's major data breach this past year.
Banks are warning Apple Pay users against storing other people's fingerprints on their iPhones, with a threat that would void terms & conditions agreements.
A new ATM will be able to grant customers permission to withdraw money through a scan of their irises or a QR code on their smartphones.
Internet security specialist Thales has signed a definitive agreement to acquire the data security firm Vormetric for $400 million.
Trend Micro has inked a deal to acquire Hewlett-Packard's TippingPoint network security segment for about $300 million and will operate the unit independently with plans to eventually fully integrate it into the parent company at a later date.
A group of Russian hackers are reported to have hacked Dow Jones & Co. servers in pursuit of embargoed market-moving information more than a year ago.
Zero-Day exploit in popular e-commerce platform Magento plug-in could allow attacker to steal payment card data.
The Internet Crime Complaint Center (IC3) issued a warning on Tuesday that reminded credit card users that the use of EMV chips doesn't prevent against fraud.
U.S. Marshals will auction about 44,341 Bitcoins that were seized from Silk Road operator Ross Ulbricht.
The American Bankers Association (ABA), based in Washington, DC, is notifying more than 6,000 ABA shopping cart users of a breach that exposed their personal information.
A vicious phishing attack is currently running rife in Germany targeting PayPal users, trying to get them to download what on the surface looks like the official PayPal app, but is actually a banking trojan.
Australian businesses are turning away from bitcoin since Australian banks made the move last month to close 13 of the country's 17 bitcoin exchanges' accounts.
Worldpay, a payment processing technology company, said it's researching using facial recognition in stores around the UK as a card fraud preventative measure.
Federal authorities raided the offices of a digital currency firm accused of swindling investors out of more than $32 million.
Ireland's Central Bank's deputy governor, Cyril Roux, has warned that it may only be a matter of time before a cyber-attack builds a problem that descends across the broader financial industry.
Information sharing is vital, and it always will be, says Stephen Orfei, general manager at PCI SSC.
The banking trojan Shifu is targeting 18 banks and wealth management firms in the U.K.
The London Stock Exchange has floated a cyber-security Exchange Traded Fund (ETF) this week, marking the first time a fund of this kind has found its way on to the LSE.
A processor of crypto-currency has been the most recent victim in a massive hacking campaign which has seen the company lose 5000 bitcoins, currently valued at over a million pounds.
Nine financial institutions have formed an international coalition, in conjunction with the financial technology firm R3, to create and deliver advanced distributed/shared ledger technologies to global financial markets.
GCHQ has reportedly helped warn a large number of intended victims in UK-based banks, government agencies and other corporates being targeted with the Dridex Trojan.
IBM's X-Force research team has reported that the recently discovered CoreBot malware has lived up to its earlier warnings quickly transforming into a full-fledged banking Trojan that is active in the wild.
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