Listen: Weekly Wrap looks at ransomware attacks on financial institutions
In this Weekly Wrap episode of “The Buzz” podcast, the Bank Automation News team looks at a new type of...
Risk & Security
FBI issues warning on QR code payment fraud
The shift to digital banking and payments is enabling cybercriminals to steal consumers’ login and financial information using quick response...
New ransomware White Rabbit targets US bank
A new family of ransomware — called “White Rabbit” — could be targeting banks. A U.S. bank was attacked in...
Listen: BNPL providers face risk from synthetic fraud
The buy now, pay later industry (BNPL) provides an innovation rail for alternative lending processes and real-time fund access, but...
Federal cybersecurity agency warns RPA use may increase attacks
The Cybersecurity and Infrastructure Security Agency (CISA) last week issued a brief that warns of potential cyberattacks in the manufacturing...
Listen: Real-time payments pose real-time fraud risk
Financial institutions should prepare for widespread use of real-time payments in the coming months, as well as the resulting security...
Banks using outdated processes could draw 5x bigger fines in 2022
U.S. regulatory authorities may be less lenient about bank accounting and reporting errors stemming from old technologies — like spreadsheets...
2022 Predictions: Fraud and fintech innovations
In 2022, banks must counter the continued growth of fraud, which saw increased frequency in the wake of the COVID-19...
Listen: Stoplight CTO says early checks prevent 80% of security risk vectors in open APIs
Banks and fintechs implementing open application programming interface (API) builds should look first to security measures as early security and...
Automated software optimization platform targets banks
IT solutions provider CDW Corp. on Dec. 15 announced a partnership with Clearfind that will give its clients access to...
