Security news aggregator

Latest coverage for Banking

Stay secure with the latest updates on banking cybersecurity trends, threats, and solutions in the finance industry. Protect your assets and data now.

2 headlines in this view

Refine the feed

Search across headline titles and summaries.

Tag briefing

Background for this topic.

Banking encompasses the digital systems and networks that manage financial transactions, customer accounts, credit issuance, and investment services. These systems handle sensitive data such as account numbers, transaction histories, and personal identification details, relying on interconnected payment gateways and APIs that require continuous availability and data integrity to function correctly.

Security concerns focus on preventing unauthorized access to online banking portals, protecting transaction processing from manipulation, and safeguarding sensitive data from insider threats. Effective defenses include multi-factor authentication, encryption of data both in transit and at rest, and real-time monitoring of transactions to detect anomalies. Maintaining strict access controls and promptly addressing software vulnerabilities are critical to preserving trust and operational stability in banking environments.

Showing 2 most recent headlines Filtered view
Bank Info Security 2 years, 4 months ago

Breach Roundup: More Fallout From the LockBit Takedown

Also: Avast Agrees to $16.5 Million Civil Penalty to Settle Privacy InvestigationThis week: more fallout from LockBit, Avast to pay $16.5M, Russia-linked group targeted mail servers, no indication that AT&T was hacked, analysis of a patched Apple flaw, Microsoft enhanced logging, an Android banking Trojan, North Korean hackers and a baking giant fell to ransomware.

Bank Info Security 23 Feb 2024, 11:30 a.m. Android Antivirus Apple Banking Breach Enhancement Flaw Investigation LockBit Microsoft North Korea Patch Privacy Ransomware Russia Trojan
Bank Info Security 2 years, 4 months ago

Moving First-Party Fraud Out of the Bank's Blind Spot

Fraud Expert Ian Mitchell on Creating a Holistic Program to Tackle Authorized FraudUnlike identity theft, first-party fraud is harder to spot when a consumer opens an account. To guard against this growing blind spot, banks need to invest in transaction-monitoring tools and take a more holistic approach to fraud, said Ian Mitchell, co-founder of Mission Omega.

Bank Info Security 21 Feb 2024, 8:00 a.m. Banking Finance Fraud Identity Theft Theft