Former SunTrust employee stole data on 1.5 million clients
US commercial bank SunTrust has announced on Friday that they’ve fallen victim to insider threat, and that customer records of some 1.5 million of its customers had been …
banks
20 hackers arrested in EUR 1 million banking phishing scam
A two-year long cybercrime investigation between the Romanian National Police and the Italian National Police, with the support of Europol, its Joint Cybercrime Action …
Mobile banking Trojans spread confusion worldwide
Consumers around the world that use mobile banking apps are at a greater risk of being tricked by cybercriminals and falling victim to mobile banking theft. This is according …
Russian, Indian banks lose millions to hackers
The Russian central bank’s Financial Sector Computer Emergency Response Team (FinCERT) disclosed on Friday that hackers compromised a computer at a Russian bank and used …
On-card biometric for contactless payments tested in first commercial pilots
Visa has initiated pilots with Mountain America Credit Union and Bank of Cyprus of a new EMV dual-interface (chip- and contactless-enabled) payment card, making these the …
MoneyTaker’s stealthy hacking spree spread from US to Russia
A stealthy group of Russian-speaking hackers has been targeting financial organizations (banks, credit unions, lenders) in the US and Russia, stealing money and documentation …
Inventive cyber gang steals millions from East European banks
Trustwave researchers have uncovered a series of ingenious bank heists that cost several Eastern European and Russian banks up to $10 millions each, and they believe financial …
European banks at mercy of US regulators
European banks are under disproportional enforcement pressure from US regulators. Since 2012, of the $38.4bn levied in economic crime fines worldwide, 97 percent of all fines …
UniCredit breach: Data of 400,000 customers exposed
Italian global banking and financial services company UniCredit has revealed that it has suffered two security breaches in less than a year. “A first breach seems to …
The future of payments: sensor fingerprinting, facial recognition, retinal scanning and voice control
Viewpost surveyed a cross-section of 1,000 U.S.-based consumers, finding that overall, 80 percent of Americans are in support of payments technologies and currencies, …
