Bank of Valletta suspended all operations in wake of cyber attack
Maltese Bank of Valletta (BOV) has been breached by hackers and has temporarily suspended all of its operations to minimize risk and review its systems. The bank shuttered its …
banks
Battling attacks from global criminal networks in the financial sector
Every now and then, banks and financial institutions (and their customers) are targeted by opportunistic hackers, but they are much more worried about those that are smarter, …
ATM attackers strike again: Are you at risk?
The United States National ATM Council recently released information about a series of ATM attacks using rogue network devices. The criminals opened the upper half of the ATM …
CFO: Disrupting, taking control, and turning data into value
Chief financial officers (CFOs) at banks and insurance companies are playing a growing role in digital transformation by leveraging new data and analytic technologies and by …
UK citizens fear identity theft over other security concerns such as national security
The 2018 Unisys Security Index, a security barometer which surveys over 1,000 UK citizens, has revealed identity theft as the top worry for UK citizens, with 56 percent of …
Why voice fraud rates continue to rise with no signs of slowing down
Pindrop released its annual report detailing developments in fraud, the future of voice and the impact to customer service across various industries. In the report, Pindrop …
Spending on cognitive and AI systems to reach $77.6 billion in 2022
Global spending on cognitive and artificial intelligence (AI) systems is forecast to continue its trajectory of robust growth as businesses invest in projects that utilize …
Bogus finance apps on Google Play target users worldwide
ESET researchers have discovered malicious apps impersonating various financial services and the Austrian cryptocurrency exchange Bitpanda on Google Play. The fake apps …
Do you have what it takes to become a Chief Scientist in the infosec industry?
Igor Baikalov, Chief Scientist at security analytics firm Securonix, is a trained scientist: he spent over 16 year working on various aspects of Structural Biology, developing …
Threats financial organizations will face in 2019
What type of threats will financial services and banking organizations face in 2019? According to IntSights Cyber Intelligence, they should be prepared for breaches effected …
