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Fed directs banks to check for cyberattacks, shore up security after SWIFT hacks

The Federal Reserve Bank issued a notice Tuesday telling banks to assess their cybersecurity postures and search for clues of cyberattacks by the group that pulled off an $81 million cyber heist from...

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InfoSec 2016: EU GDPR - Don't panic, prioritise - and do the right thing for...

Don't panic, prioritise and plan for EU GDPR - and if you do the right thing for your customer, the chances are you will be compliant and avoid potentially hefty fines for data breach.

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Consumers taking their business elsewhere after a hack, Centrify survey

A new study examines consumer attitudes toward corporate hacking and companies should take heed.

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SWIFT robbers swoop on Ukrainian bank

Yet another bank has been hit via the SWIFT messaging system, this time in Ukraine. This may only be the fifth publically disclosed SWIFT heist, but commentators suggest that there plenty of silent...

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GootKit banking trojan upgraded

IBM's X-Force Research team reported that the GootKit banking trojan has recently received a facelift with the malware now being harder to spot and a lighter video-capture module.

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New banking malware stops customers from cancelling payment cards

Symantec has spotted a new banking malware that stops a victim from cancelling a compromised payment card by blocking calls from the infected device to the bank's customer service department.

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Patchwork cyberespionage campaign branches out to strike businesses

The cybergang behind the Patchwork, aka Dropping Elephant, cyberespionage campaign has expanded its reach outside of government organizations and is now hitting the private sector.

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Saving money on security software by improving cyber posture, report

Spending big bucks is not always necessary for corporations to put a decent cybersecurity program in place.

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RIPPER malware suspected behind $350K Thailand ATM heist, report

FireEye researchers dove into the inner workings of the RIPPER ATM malware which they believe allowed a pack of cyberthieves to make off with 12 million baht.

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SWIFT warns of new attacks, pushes for security upgrades

In a letter to clients, SWIFT said a fresh wave of attacks had hit other member banks and urged clients to adopt the latest version of its software by November 19.

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