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Aramada Collective demands ransom from Greek banks

The hacking group dubbing itself the Armada Collective has claimed responsibility for striking three Greek banks with distributed denial of service (DDoS) attacks and has threatened to continue to do...

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Bank of England worried about cyber-threats

As the financial world begins to look more stable, 46% of bankers worry about cyber-threats

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Samy Kamkar's latest trick, spoofing canceled Amex cards

Security researcher Samy Kamkar has discovered a way to "resurrect" a canceled American Express card.

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PayPal investigates account compromised twice in one day

PayPal is investigating account that was hacked twice in one day and latter used in an attempt to transfer funds to a dead ISIS hacker.

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TaxAct breached: Customer banking and Social Security information compromised

Tax software maker TaxAct is informing some of its customers that an unauthorized third party accessed their TaxAct account in late 2015.

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FACC AG, Belgian bank fall victim to BEC

An aircraft components designer and a Belgian bank were the latest victims of the business email compromise (BEC), prompting the IC3 to issue an alert.

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EC wants to crack down on virtual currency exchanges

Crypto-currencies like Bitcoin may not be as anonymous as they once were as the European Commision announces its intention to regulate the virtual currency exchanges that, the Commission says, aid...

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Russian police prevented massive banking sector cyber-attack

Russian Interior Ministry cyber-crimes department thwarts Russian banking cyber-crime group.

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Acecard banking trojan labeled 'extremely dangerous' by Kaspersky

The Acecard Android banking trojan leaves nothing to chance when it comes to attacking banks with the malware being able to attack 50 separate online financial applications and bypass Google Play Store...

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Phishing, W-2 scams will boost 2016 income tax fraud losses to $21 billion

Income tax scammers are working overtime to separate hard working tax payers from their yearly refund, employing primarily a single tried and true method to complete their attack, phishing.

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Chinese hackers rob over 18M user credentials via Japanese server

Over 18 million user credentials have been found on a server of a Japanese company who let Chinese hackers use it in their attacks.

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SpyEye authors headed to prison

The two men responsible for the SpyEye banking trojan, used to steal user information from financial institutions, were sentenced to a combined 24-1/2 years in prison.

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Bangladesh banking hack due to SWIFT vulnerability

A report from the Society for Worldwide Interbank Financial Telecommunication (SWIFT) indicates the group was aware that malware was targeting its system when $81 million was stolen from a Bangladesh...

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GozNym banking malware spotted now in Europe

IBM's X-Force reported today the actors behind the hybrid GozNym banking trojan that stole $4 million from U.S. banks in March have released a new configuration that is targeting European banks.

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Possible 1.4GB data breach at Qatar National Bank

The Qatar National Bank is investigating a possible massive data breach with more than 15,000 files, or 1.4GB of data, being compromised.

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Vietnamese bank thwarts hack made through SWIFT messaging system

Vietnam's Tien Phong Bank came forward claiming to be the second bank that was attacked with a fake message sent through The Society for Worldwide Interbank Financial Telecommunication (SWIFT)...

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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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