Wells Fargo bans TikTok from company devices
Wells Fargo has banned TikTok from company devices, citing privacy and security concerns with the social media app.
Brazilian cybercriminals take the next generation of banking malware global
Source: Kaspersky
Brazilian cybercriminals, long regarded as some of the most creative malware creators, have begun to take their original malicious programmes outside the country. According to Kaspersky researchers, four advanced banking families—Guildma, Javali, Melcoz and Grandoreiro—have begun targeting users in North America, Europe, and Latin America.
Rogue Postbank employees steal master encryption key; make off with $3.2 million
South Africa's Postbank has been forced to replace 12 million bank cards after a calamitous security breach that saw the bank's master encryption key printed off in plain, unencrypted language.
Crypto crime reaches $1.4bn so far in 2020
Just under $1.4bn was stolen through various crypto-related scams in the first five months of 2020, according to a report from cyber security firm CipherTrace.
Banco Santander picks ThetaRay AML tech for correspondent banking
Source: ThetaRay
ThetaRay, a leading provider of AI-based Big Data analytics, has signed an agreement under which Banco Santander will employ ThetaRay’s anti-money laundering (AML) solution for correspondent banking.
DenizBank deploys OneSpan mobile security suite
Source: OneSpan
OneSpan (NASDAQ: OSPN), the global leader in securing remote banking transactions, today announced that leading Turkish bank, DenizBank, is using OneSpan’s Mobile Security Suite to protect 2.6 million mobile customers across the bank’s mobile banking app MobilDeniz, mobile wallet fastPay and card management application DenizKartım.
Remote working drives big changes in cyber programmes
Financial services firms had to make dramatic changes to their cybersecurity programmes to cope with the rapid shift to remote working due to the Covid-19 pandemic, a survey shows.
Bank of America leak exposes business details of PPP relief applicants
Bank of America accidentally exposed the personal details of applicants applying for loans from the Paycheck Protection Program during a test submission to the US Small Business Administration system.
