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UK consumer electronics retail group Dixons Carphone has suffered a massive data breach, compromising 5.9 million customer cards and 1.2 million personal data records.
The firm says that it has discovered an attempt to compromise the cards in one of the processing systems of Currys PC World and Dixons Travel stores.

Central banks and regulators are to share information and intelligence on emerging cyber-threats through a new forum established under the aegis of the Financial Services Information Sharing and Analysis Center (FS-ISAC).

2017 was widely billed as the year of ransomware, but cyberthreats have moved in a new direction this year, according to ISACA’s State of Cybersecurity 2018 research.

Bank of Montreal (BMO) and Simplii Financial, a digital bank owned by Cibc, are both warning customers that crooks are claiming to have stolen their personal data.

Hackers managed to steal hundreds of millions of pesos from Mexican banks by sending thousands of false orders to wire funds to bogus accounts, according to Reuters.

Rising fears of cybercrime are prompting financial services firms to beef up their spending on security, according to research from Lloyds Bank Commercial Banking.

Commonwealth Bank of Australia has finally come clean on a potential data breach involving 19.8 million customer accounts in 2016, after initially failing to notify customers of the incident.
The bank's burying of breach has come into sharp relief in the wake of a damning report by financial regulator Apra into CBA's governance, accountability and culture and may lead to further questioning by data privacy watchdogs.

SunTrust Bank says that a former employee may have attempted to steal information on about 1.5 million customers and pass the data on to a criminal third party.

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