Listen: Automation, fraud farms aid cybercriminals
Skyrocketing scams and card-not-present (CNP) fraud losses can be blamed on bad actors leveraging automation, experts say. Consumer scams reported ...
Tag: cybersecurity
Google to buy cybersecurity firm Mandiant for $5.4B
Google agreed to acquire cybersecurity company Mandiant Inc. for $5.4 billion, its second-biggest deal ever. With Mandiant, Alphabet Inc.’s Google ...
Listen: Discussion on potential cyber warfare and how US banks should prepare
In this Weekly Wrap episode of “The Buzz” podcast, the Bank Automation News editors drill down on what Russia’s threats ...
33 questions every banker should ask ahead of potential cyberwarfare
Cyberattacks are on the rise in the wake of widespread digital adoption during the pandemic; now the U.S. financial system ...
Mitigating cybersecurity threats ahead of Russian retaliation for US sanctions
Russia’s invasion of Ukraine puts U.S. financial institutions at elevated risks of cyberattacks, and experts believe proactive steps should be ...
Proposed SEC rule would have advisors stepping up ‘cyber hygiene’
The U.S. Securities and Exchange Commission (SEC) on Wednesday voted in favor of creating a “cyber hygiene program” with rules ...
Mass digital and mobile banking fosters surge in account takeover fraud
The surge in digital and mobile banking adoption has led to an increase in fraudsters deploying more account takeover (ATO) ...
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 ...
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 ...
Cyber-risks viewed as top threat to global financial markets in 2022, finds DTCC survey
In 2022, cyber-risks outrank the COVID-19 pandemic and geopolitical tensions as the greatest potential threat to global financial markets. Fifty-nine ...
