Argentine pesos are withdrawn from an ATM in Buenos Aires on July 2, 2022. (JUAN MABROMATA / AFP) Four-year cybercrime campaign targeting African banks netted $30 million Attacks on banks in more than 15 countries used sophisticated spearphishing and off-the-shelf tools. Nov 3, 2022 By AJ Vicens
Trial and error in Kuwait One disruption at a bank, a long legal battle and the case of a missing $9 million. Feature Aug 26, 2021 By Sean Lyngaas
The Federal Deposit Insurance Corporation (FDIC) is one of the regulators involved in the proposed breach notification rule. (Photo by George Rose/Getty Images) Banking organizations dub proposed US cyber notification regulation ‘burdensome’ The banking groups say they support the rule's policy goals, but want to alter its reporting threshold. Apr 13, 2021 By Tim Starks
Federal Reserve Chair Jerome Powell prepares to speak during a House Financial Services Committee hearing on Oversight of the Treasury Department’s and Federal Reserve’s Pandemic Response in the Rayburn House Office Building on December 2, 2020 in Washington, DC. (Photo by Jim Lo Scalzo -Pool/Getty Images) Fed chair deems cyber threat top risk to financial sector He said he's more concerned about a cyberattack than he is of another global financial crisis. Apr 12, 2021 By Shannon Vavra
People walk past the Federal Reserve building on March 19, 2021 in Washington, DC. (Photo by DANIEL SLIM/AFP via Getty Images) Financial industry preps for proposal that would require 36-hour breach notification The rule requires financial services companies to notify regulators within 36 hours of a major cyber incident, but that's just for starters. Apr 9, 2021 By Tim Starks
(Getty Images / Scoop News Group) Ukrainian gets US prison term in decade-old cybercrime, money-laundering case From 2009-12, Aleksandr Musienko "partnered with Eastern European computer hackers to obtain over $3 million from U.S. victims’ bank accounts and launder the stolen funds," prosecutors said. Feb 12, 2021 By Joe Warminsky
EventBot is capable of targeting no less than 200 financial apps on the Android operating system. (Getty Images) ‘EventBot’ comes online amid flurry of regularly updated banking trojans It could only be a matter of time before the hackers begin using the malware against banking customers. Apr 30, 2020 By Sean Lyngaas
A RBC Royal Bank building in Markham, Ontario, Canada. RBC is one of the banks that is seeing its customers targeted with a ransomware scare. (Getty Images) Mobile phishing scam hits customers at big North American banks Customers at big banks like Chase, the Royal Bank of Canada, and London-based HSBC are among the targets, researchers said. Feb 14, 2020 By Sean Lyngaas
The TrickBot update should cause alarm for the financial sector. (Getty Images) TrickBot developers have spun up a new backdoor for high-value targets Banking trojan operators are upping their game, researchers say. Jan 9, 2020 By Shannon Vavra
(Getty Images) Scammers just posted 1.3 million payment card numbers on Joker’s Stash, a market for ID theft It's the latest evidence Indian cardholders' data is being marketed for identity theft. Oct 29, 2019 By Jeff Stone