Stay secure with the latest updates on banking cybersecurity trends, threats, and solutions in the finance industry. Protect your assets and data now.
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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.
ThreatFabric said the ongoing campaign started in March and has witnessed over 30,000 installations
A new Android malware campaign has been observed pushing the Anatsa banking trojan to target banking customers in the U.S., U.K., Germany, Austria, and Switzerland since the start of March 2023
A new mobile malware campaign since March 2023 pushes the Android banking trojan 'Anatsa' to online banking customers in the U.S., the U.K., Germany, Austria, and Switzerland. [...]
Fined $4m for mess, for which it blames unnamed archiving vendor's retention settings JP Morgan has been fined $4 million by the US Securities and Exchange Commission (SEC) for deleting millions of email records dating from 2018 relating to its Chase Bank subsidiary.…