Category: Banks

Cybersecurity in Today's Financial World

Ondrej Krehel, CEO, LIFARS  talks about vulnerability of financial industry to cyber attacks, risk mitigation, cybercrime and cyber attacks season. - interviewed by Jens Korte, Wall Street...

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Global Banking Network SWIFT Partners Cybersecurity Firms

Following several high-profile cyber-thefts, chief among them the heist of the Bangladesh Central Bank’s NY Fed Reserve account which saw hackers nearly make away with a billion dollars, SWIFT...

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Bangladesh Bank: Hackers Tried to Steal $951 Million from US Fed Account

Bangladesh’s central bank has revealed that cyber criminals had tried to withdraw nearly a billion dollars from its account at the Federal Reserve Bank of New York to casinos in the Philippines....

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A New England Bank's Flawed Early Implementation of Chip Cards Allowed Unauthorized Charges

A series of unauthorized fraudulent EMV charges from Brazil baffled a small bank from New England recently. The bank is one of many that are starting to roll out the new EMV (chip-based) cards. The...

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How Obama Helps Americans Stay Safe(r) with Chip and PIN Cards

Obama determined to raise the bar in US cybersecurity standards.

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Windows-Based ATMs Under Attack: Millions of Dollars Stolen

Kaspersky, a well-known security company, reported yesterday that a new type of malware has been infecting Windows-based ATM's and giving free money.

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JP Morgan Infiltrated by Obtaining Just One Employee's Password

New reports on the JP Morgan Chase case indicate that hackers initially gained access to just a single employee's password through which they gained access to a vulnerable server. From...

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Over 76 Million Households Affected by the Cyberattack on JP Morgan

A major data breach investigation results were made public today in a statement from JP Morgan Chase. Over 76 million clients' details have been compromised, along with 7 million small...

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FBI Investigates Recent Attack on JP Morgan Chase

In a recent statement, the Federal Investigation Bureau confirmed they are investigating the recent attack on five US financial giants, among them the largest financial institution in the United States, JP Morgan Chase.

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Banks to Meet With Treasury Department on Cyber Threats

Bankers and bank regulators have become more vocal lately about concerns that cyber attacks could put customer data and the stability of the financial system at risk.

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