'In fraud we trust': US indicts 36 over $530m cybercrime operation
The US Department of Justice has indicted 36 alleged members of a cybergang accused of causing more than $530 million in losses through the acquisition and sale of, among other things, compromised debit and credit cards and banking information.
Cybersecurity dominates EU Fintech Action Plan
Cybersecurity takes top billing in the European Union's upcoming Fintech Action Plan, with a draft emphasising efforts to improve cooperation and coordination between market participants and regulators.
World Federation of Exchanges lists fintech and cybersecurity among its top four priorities
The World Federation of Exchanges (“The WFE”), the global industry group for exchanges and CCPs, has agreed its 2018 business priorities will focus on areas including regulatory coherence; CCP recovery & resolution issues; cyber security; FinTech; and SMEs.
Survey Reveals Biggest API Security Concern is DDoS Threats and Bot Attacks
FIX Trading Community releases guidelines to help firms meet cybersecurity requirements
FIX Trading Community, the non-profit, industry-driven standards body at the heart of global financial trading, today announced the release of the FIX-over-TLS (FIXS) standard and guidelines to assist users of the FIX Protocol meet certain security requirements.
EBA publishes final guidance on supervision of significant branches
The European Banking Authority (EBA) publishes today its final Guidelines on the supervision of significant branches.
BAE links Taiwanese bank attack to North Korea
Cybersecurity researchers at BAE System believe that a hacking crew operating out of North Korea were behind a recent malware and money-moving attack on Far Eastern International Bank in Taiwan.
Taiwan's Far Eastern International Bank suffers malware attack
A Taiwanese bank has become the latest to fall victim to hackers planting malware on its servers and sending unauthorised, doctored messages through the interbank Swift network.
