Source: National Cyber Security – Produced By Gregory Evans SWIFT to review security strategy following cyber attacks – with the ultimate on the table for banks with poor security SWIFT, the global inter-bank payments system, will threaten members with expulsion over poor cyber security in a shake-up in the organisation’s…
Big Data Is a Big Cybersecurity Problem for Banks
Source: National Cyber Security – Produced By Gregory Evans How many financial service companies are vulnerable to a data breach? Way too many, according to a new report. The report, put together by data security company Vormetric and issued in partnership with analyst firm 451 Research, shows that a whopping…
Hackers test defences of Middle East banks
Source: National Cyber Security – Produced By Gregory Evans Hackers are probing the defences of banks in the Middle East, targeting employees with infected emails which gather information about the banks’ network and user accounts, FireEye researchers said. FireEye, a US cybersecurity company investigating the February attack on Bangladesh’s central…
Singapore, Philippines central banks move to tighten cyber security
Your ads will be inserted here byEasy Plugin for AdSense.Please go to the plugin admin page toPaste your ad code OR Suppress this ad slot. Singapore’s central bank has asked banks to maintain a high level of security for their critical IT systems following recent cyber attacks using the SWIFT…
Iran charged by U.S in cyber attacks against banks
Source: National Cyber Security – Produced By Gregory Evans
Cyber security expert warns German banks of retail payments risks
Source: National Cyber Security – Produced By Gregory Evans A top cyber security researcher has warned German banks that their retail payment systems have security flaws that could allow fraudsters to steal payment card PIN codes, create fake cards or siphon funds from customer or merchant accounts. Karsten Nohl, who…
Could a Smartphone Camera Pierce Your Bank’s Cybersecurity?
Source: National Cyber Security – Produced By Gregory Evans Financial institutions today spend hundreds of millions of dollars and dedicate hundreds of employees to combatting cybercrime. The ultimate insult to these defenses would be to have security breached by a simple picture taken on a smartphone. The idea that this…
Risk Evaluation Report Finds Mobile Banking Leaves Some Banks More Vulnerable to Cyber Attacks
Source: National Cyber Security – Produced By Gregory Evans While mobile banking is no doubt convenient for customers – and banks – there’s a significant downside to the fact that more and more financial institutions are using the technology: an increased risk that your personal information will fall in the…
Consumers tell banks: Protect our data or else!
Source: National Cyber Security – Produced By Gregory Evans Consumers have a stern warning for banks: Keep our data safe or we’re through. That’s according to a survey of more than 1,000 Americans conducted for public relations and communications firm Makovsky by market researcher Ebiquity in March. The survey results…
FCA warned about cyber security loophole in one of Britain’s biggest banks
Source: National Cyber Security – Produced By Gregory Evans The Financial Times (FT) reports that the Financial Conduct Authority (FCA) was warned last July about a cyber security loophole that could give hackers access to the customer accounts of one of Britain’s biggest banks. The loophole, which is similar to…