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JP Morgan Chase, Citi and Morgan Stanley Among Banking Customers ImpactedMajor U.S. banks are assessing their exposure to a cybersecurity incident at real estate financial technology company SitusAMC, which disclosed Saturday that a breach may have affected client data. The New York firm uncovered the incident on Nov. 12.
Banking giant UBS revealed it had suffered a data breach following a cyber-attack on procurement service provider Chain IQ
When people banking in the United States lose money because their payment card got skimmed at an ATM, gas pump or grocery store checkout terminal, they may face hassles or delays in recovering any lost funds, but they are almost always made whole by their financial institution. Yet, one class of Americans -- those receiving food assistance benefits via state-issued prepaid debit cards -- are particularly exposed to losses from skimming scams, and usually have little recourse to do anything about it.
Fintech provider flaw could have hit dozens of U.S. banks, says Salt Security Salt Security spotted a vulnerability in a large fintech company's digital platform that would have granted attackers admin access to banking systems in addition to allowing them to transfer funds to their own accounts.…