Recent cyberattracks against the SWIFT banking network must have used some inside knowledge of the systems to collect millions in stolen funds.
Attackers are attempting to pull off their cybercrime exploits by targeting the human element in banks and other financial institutions.
Financial institutions can set themselves apart by leveraging security solutions that protect client information and use the latest technologies.
The financial industry is plagued by a few main types of malware and cybercrime attacks, including Shellshock and denial-of-service attacks.
The traditional plastic ATM card may soon be replaced with smartphones, using near-field communications and other modern technologies.
A recent survey highlighted a knowledge gap regarding what European banks and financial institutions know about cloud security and cloud capabilities.
Mobile banking transactions are an attractive target for cybercriminals, and there are areas where users and developers should look for better security.
A World Bank website became an accessory to a phishing attack, which wound up revoking the Bank's Extended Validation SSL certificate.
The latest TalkTalk hack could come with a hefty price tag for the Internet service provider — and major security implications for victims.
Many banks are exploring the possibilities of bitcoin and blockchain technologies, which have already drastically changed the digital currency landscape.