Bank Cybersecurity news and trends

Big Banks See Uptick In Cyberattack Attempts
Security & Fraud // September 30, 2018

Sources have reported that some large U.S. banks have seen a boost in attempted cyberattacks in recent weeks. According to The Wall Street Journal, the news comes at a time when the government is increasing its warnings to financial institutions about bank cybersecurity and possible...

WEF Recruits Russia’s Sberbank To Combat Cybercrime
B2B Payments // August 24, 2018

The World Economic Forum (WEF) has reportedly begun recruiting banks to combat cybercrime, beginning with Sberbank in Russia. A press release sent to PYMNTS on Thursday (Aug. 23) said the WEF’s Centre for Cybersecurity (C4C) plans to recruit six financial institutions to collaborate on information...

Hackers Target Bank Customers In Brazil With DNS Redirects
Security & Fraud // August 10, 2018

Hackers are seeking to gain user credentials through Internet of Things (IoT) devices by targeting customers of a Brazilian bank. Radware Threat Research Center wrote in a blog post that hackers are seeking to change domain name system (DNS) settings. The malicious agent redirected a user’s...

OCC Defines Top Threats To Banks This Season
B2B Payments // July 26, 2017

The U.S. Treasury’s Office of the Comptroller of the Currency (OCC) has again released its report on top risks facing banks, with its Spring 2017 analysis warning FIs that threats are coming from all angles. In some ways, the risks facing banks are longstanding: Non-traditional...

Quick Reads
Big Banks See Uptick In Cyberattack Attempts

September 30, 2018
Sources have reported that some large U.S. banks have seen a boost in attempted cyberattacks in recent weeks. According to The Wall Street Journal, the news comes at a time when the government is increasing its warnings to financial institutions about bank cybersecurity and possible cyberthreats, asking banks such as Bank of America, Citigroup, JPMorgan […]

Hackers Target Bank Customers In Brazil With DNS Redirects

August 10, 2018
Hackers are seeking to gain user credentials through Internet of Things (IoT) devices by targeting customers of a Brazilian bank. Radware Threat Research Center wrote in a blog post that hackers...