Finance News, Articles and Updates
The SEC obtained an emergency court order from a New York court to freeze assets belonging to a UK citizen who allegedly engaged in a sophisticated hacking and market manipulation scheme.
Ethereum, a rival to bitcoin, is under seige after follow-up attacks continue to siphon funds based in the cryptocurrency.
A probe into the cybertheft of $81 million from the account of Bangladesh Bank held at the Federal Reserve Bank of New York is now under way by the U.S. attorney's office.
Users of PayPal are being targeted in a new phishing scheme that steals their credentials.
At one time ridiculed over lax cybersecurity, the federal health insurance exchange site HealthCare.gov scored second-highest out of approximately 1,000 websites in the Online Trust Alliance's eighth annual Trust Audit and Honor Roll.
Gery Shalon and Ziv Orenstein, accused of orchestrating the largest-ever theft of customer data from a U.S. financial institution, were extradited from Israel to the U.S. late last week.
A new version of banking malware includes updates that break tools typically used by security researchers to analyze the Vawtrak trojan.
Morgan Stanley agreed to pay a $1 million fine to settle a proceeding launched by the Securities and Exchange Commission's that the financial services giant failed to set up adequate precautions of customer data.
A website belonging to the National Network of Abortion Funds was hacked around April 7.
Five weeks after its official launch, the Canadian Cyber Threat Exchange is already close to selecting an MSP that will manage the group's new cyberthreat intelligence sharing forum, according to a panel session at SC Congress Toronto on Wednesday.
SWIFT CEO Gottfried Leibbrandt said the organization is considering whether it will exclude from its network banks that have demonstrated weak information security.
A House committee is investigating the Federal Reserve Bank of New York's operations related to the cybertheft of $80 million from the Bank of Bangladesh.
A new and more dangerous version of the Dridex banking malware is being used in a new campaign targeting financial institutions, primarily in the United States.
Fifty members of a hacker gang alleged to have created malware used to steal in excess of $25 million from Russian banks have been arrested.
London-based Lloyds Banking Group saw a substantial reduction in the number of cyberattacks against it this year.
Researchers at Anomali detected a new FrameworkPOS campaign that it says is gaining momentum.
Researchers discovered a Russian fake banking application that can evade detection by changing a device's password if the victim tries to remove the app.
Vulnerabilities allow attackers to use an exploit known as the "forbidden attack," affecting dozens of Visa Inc.'s HTTPS-protected websites.
Newer chip-based cards are more difficult for thieves to counterfeit and can combat the vulnerabilities presented by card-skimming strategies.
Senior executives at retail banks are motivated to offer digital services, but are held back by cyber security concerns, according to a new study from Cisco.
SWIFT CEO Gottfried Leibbrandt issued details of the messaging service company's information-sharing strategy.
As many as 100 people are believed to have taken part in a heist of nearly $13 million (USD) from 1,400 cash machines in Japan.
A new government survey shows that U.S. households are growing averse to even the most routine online transactions, due to cyberattacks imperiling users' finances, identities and privacy.
The revelation by SWIFT that another bank was victimized using the same MO as that in the Bangladesh bank hack has the security industry believing the SWIFT system is flawed and possibly still vulnerable to another attack.
Point-of-sale (POS) malware is still a clear and present danger, say Proofpoint researchers.
The investigation into the bank heist that cost Bangladesh's central bank $81 million has taken a byzantine turn, as a new report surfaced of multiple hacking groups infiltrating the bank's network.
Two Israeli men accused of securities fraud and hacks into media outlets and nine financial institutions, including JPMorgan Chase, Fidelity Investments and E*Trade Financial Corp., will be extradited to the U.S.
Five major breaches have put at risk taxpayers' PII, the FDIC told Congress on Monday.
Bangladesh Central Bank officials are pinning the blame for an cyberattack that netted $81 million from the financial institution on SWIFT's for incorrectly installing new software.
Arthur Budovsky, operator of an online payment processor popular with cybercriminals, was sentenced to 20 years in prison for money laundering.
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