Tag Archives: banks
A second hacking group is targeting bank systems
It's bad enough that one hacker group has been wreaking havoc on banking systems worldwide, but it's apparently getting worse. Security firm Symantec reports that a second group, Odinaff, has infected 10 to 20 of its customers with malware that can...
‘Open banking’ data will help Brits compare and switch accounts
Just as Ofcom is making it easy to switch broadband and mobile providers to inspire us to hunt for the best deals, the UK's Competition and Markets Authority (CMA) wants us to be similarly proactive about our bank accounts. Having completed a lengthy...
NY Fed rejected, then later approved $81 million bank heist
The financial industry has used a messaging system made by the Society for Worldwide Interbank Financial Telecommunication (SWIFT) to securely authenticate transfers between banks for decades. But recent fraudulent money requests have broken the syst...
ATM hacking spree nets thieves $12.7 million in two hours
Normally when your data is part of a haul from some security breach your most immediate worry is about how it can be used to steal your identity online. Well, sometimes that information is instrumental in physical heists. On May 15th, a team of hacke...
Google launches Android Pay in the UK
As promised, Google has brought Android Pay to the UK. The app is now live in the Google Play Store, meaning anyone with a compatible credit or debit card can link their bank account and start making payments. The Bank of Scotland, First Direct, Hali...