Given the potential the impact a significant data leak could have on the valuation of a target company, M&A practitioners must appreciate that organisations should do whatever is necessary to preserve the value of their deals.
Saying that Terdot malware is a banking trojan is kind of like saying your computer is a giant calculator. Yes, that's essentially what it is, but it's also a whole lot more.
A quarter of financial service employee mobile devices have unpatched vulnerabilities, according to a recent Symantec report.
Enterprises seem to be getting the message, at last, that security posture cannot be measured by pocket depth as budgets get cut by a third.
A new family of ATM malware, dubbed ATMii, is using legitimate proprietary libraries and a small piece of code to cause the machines to spit out money and targets older Windows versions.
Banks face a new hybrid threat from hackers that has already netted criminals a cool £30 million, according to a new report.
Researchers find trading apps riddled with flaws despite transacting millions of pounds of shares
Positive Technologies' Timur Yunusov says ApplePay's security measures mean that on paper it appears to have the perfect defence. But that's not case.
KB Kookmin Bank, Shinhan Bank, Woori Bank, KEB Hana Bank, NH Bank and two other South Korean banks were reportedly threatened with DDoS attacks last week.
New report from security company Trustwave illustrates a wave of crime looking to steal payment information from those in the hospitality, retail and food and beverage industries.
The European Central Bank has announced it is looking to encourage information sharing between financial institutions, and the mandatory reporting of incidents appears to be a big part of its cyber-resilience strategy.
Report urges banks to focus on breach response readiness to mitigate GDPR risk as predicted number and levels of fines are exceedingly highs.
The European law enforcement organisation says that thanks to the malicious activities carried out by the group, 3,000 victims have lost roughly half a million Euros.
David Emm discusses the various types of tax scams and top tips for staying safe when managing tax affairs this year.
Israel Levy discusses ways companies can strike the delicate balance between employee productivity and cyber-security best practices for financial institutions.
The growing cyber-threat landscape makes protecting sensitive customer and company information vital, and it will only increase with GDPR coming next May.
Two recent cyber-theft campaigns targeting South Koreans employed a three-stage downloader framework that installed the Blackmoon banking Trojan on geo-targeted machines, according to a report Thursday from Fidelis.
Authorities from seven Southeast Asian nations recently collaborated on an operation that exposed regional threats including malware, ransomware, DDoS attacks, and spam campaigns.
Money-giant Mastercard has unveiled a new payment card which contains a fingerprint scanner for the purposes of verification.
Hackers launched an attack against Union Bank of India that was very similar to the attack Bangladesh bank heist that resulted in the theft of $81 million.
In the next year, 86 percent of financial services firms plan to increase the time and resources they spend on cyber-security.
According to a Securelist blog post, the primary payload used in the cyber-heists is ATMitch, a malware capable of issuing a variety of commands to compromised ATM machines, including counting the number of banknotes in a dispenser (for reconnaissance purposes) and dispensing money from any cassette with the mere touch of a button.
The agreement follows a number of high profile cyber-attacks on banking systems around the world, which has brought banking security to the top of the agenda.
Financial Fraud Action UK (FFA UK) has released official figures showing that the UK lost £2 million each day during 2016 as a result of financial fraud.
Sunil Gossain discusses the revised Directive on Payment Services and what it means for the industry.
Malware samples recovered from watering hole attacks recently targeting banks across the globe contain false flags that fraudulently suggest Russian actors are behind the campaign, even though the most likely culprit is the Lazarus Group.
To combat alert fatigue among its security analysts, transportation service Uber applies specially customised data sets to flagged incidents to help distinguish between genuine threats and non-malicious activities.
A data feed firm sees stolen credentials being traded in broad daylight, so to speak.
Only one in five (19 percent) UK financial service organisations are highly confident they can detect a data breach (21 percent globally).
The downloader Terdot Zloader and its accompanying Zbot banking trojan payload abuse a legitimate certificate application to spy on users and modify web content via man-in-the-middle attacks against browsers, an in-depth code analysis shows.