Brazilian scammers score $3.75 billion in malware bank fraud
July 3, 2014 - Brazilian criminal gangs have netted $3.75 billion in a micro-transaction fraud that compromises transactions made using the popular Boleto payment method.
Korean banks under siege from Android malware
June 27, 2014 - Banking Trojans masquerading as Android mobile apps are spreading like wildfire through the smartphones of Korean users, with up to 100,000 devices so far infected.
Consumer trust in banks wavers as card fraud rates rise
June 24, 2014 - Almost one-in-four people have fallen victim to card fraud over the past five years, according to a study of 6100 consumers across 20 countries by ACI Worldwide and Aite.
14-year-olds use online manual to hack ATM
June 13, 2014 - Forgoing a kick around in the playground, a couple of teenage boys spent one school lunch break last week hacking into a Bank of Montreal cash machine.
Bank of England works with CREST to deliver cyber-security framework
June 10, 2014 - CREST, the not-for-profit organisation that represents the technical information security industry, has been working with UK Financial Authorities - Bank of England (BoE), Her Majesty's Treasury, and the Financial Conduct Authority - to develop CBEST, a new framework for sharing detailed threat intelligence and delivering cyber security tests and benchmarking for UK financial services providers.
Liquidnet fined $2m for misusing dark pool subscriber data
June 9, 2014 - Dark pool operator Liquidnet has agreed to pay $2 million to settle SEC charges that it improperly used confidential trading data from its subscribers.
Authorities cripple Gameover Zeus botnet and CryptoLocker ransomware
June 2, 2014 - An FBI-led international operation to disrupt the Gameover Zeus botnet and CryptoLocker ransomware has given people a two-week window in which to protect their computers.
Zeus-Carberp mashup Trojan targets banks
May 29, 2014 - A new Trojan that combines elements of the notorious Zeus and Carberp families is targeting hundreds of financial institutions around the world, security researchers are warning.
