Eftpos malware attack hits 136 US stores
Eftpos supplier North County Business Products has been hit by a malware attack that infected the sites of 136 clients across the US and lifted comprehensive payment card details from shoppers.
Regulator tells USAA to fix lax information security
USAA Federal Savings Bank has been slapped with a cease-and-desist order by the Office of the Comptroller of the Currency for, among other things, an IT programme not in compliance with information security standards.
Bank of Valletta turns off the lights as cyber attackers strike
Malta's Bank of Valletta (BOV) last week shut down all Internet access, including branches and cashpoints, after detecting a cyber intrusion by criminals who tried to steal EUR13 million.
Metro customers hit by text-targetting attack
Metro Bank has fallen victim to a new type of cyber fraud that targets the codes sent via text messages used to verify transactions.
New York Fed to help Bangladesh Bank in $81 million cybercrime suit
The New York Federal Reserve is to assist Bangladesh Bank in a legal challenge to recoup $81 million stolen in a massive cyber heist in 2016.
Security lapse exposes millions of mortgage documents
A huge cache of financial documents scanned from paper-based mortgage and credit reports was exposed online in an alleged major security lapse at US data and analytics company Ascension.
Royal Bank of Canada named in Facebook privacy scandal
Royal Bank of Canada has become embroiled in a privacy scandal engulfing Facebook after it emerged that the social network appeared to provide a raft of Big Tech companies with privileged access to user accounts.
Security and risk management in the age of disruption
Technology and innovation across sectors remain a primary focus as advances evolve at a rapid rate. Many institutions are looking to leverage technology for a broad range of uses, in financial institutions the primary factor remains security and risk management when implementing such changes.
