Stay secure in the finance sector. Explore the latest in financial cyber security news, trends, and best practices to protect valuable assets and data.
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Background for this topic.
Finance covers the institutions, markets, and services that move, store, lend, invest, and insure money. Its distinctive assets include customer identities, account balances, payment instructions, trading positions, claims, and confidential business data. Operations depend on core banking and ledger systems, payment networks, market-data feeds, identity services, and external processors or cloud providers. Integrity and availability are especially important: an unauthorized change to beneficiary or settlement data can cause direct loss, while an outage can interrupt payments or trading and complicate time-sensitive reconciliation.
Security work therefore focuses on online banking and trading interfaces, APIs, privileged access, credentials, and third-party connections. Useful controls include phishing-resistant multi-factor authentication, least privilege, transaction signing or approval separation, encryption, tamper-evident logging, and anomaly monitoring. Privacy protections apply to personal and financial information; PCI DSS is relevant where payment-card data is handled, alongside jurisdiction-specific financial rules. Vulnerability management should prioritize internet-facing and legacy systems, while incident response needs capabilities to contain fraudulent transactions, preserve evidence, reconcile ledgers, and restore trusted service through tested backups or failover.
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CISA has ordered federal agencies to secure their systems by Saturday against ongoing attacks exploiting a critical vulnerability in the Oracle E-Business Suite financial application. [...]
Chinese actors used Claude Code and DeepSeek to automate attacks that breached government systems and targeted financial firms. Hunt.io researchers stumbled onto an active intrusion campaign in June 2026 while pivoting on known TencShell command-and-control infrastructure. A single HTTP header fingerprint on port 1111 led them to 13 Hong Kong-based servers and, on one of […]
Iberian hackers carried out a variety of cyberattacks and laundered the winnings through complex financial networks.
State-sponsored attackers are targeting critical infrastructure networks in defense, communications, energy, finance, government and health care. The post Officials once again warn defenders that Russian hackers are targeting network devices appeared first on CyberScoop.
Also: Binance Eyes More Asia Licenses, India Pushes Fresh Crypto CurbsThis week, the U.S. Securities and Exchange Commission eyes July for a crypto rule proposal, Binance anticipates more Asian business, Malaysia seized 75,000 crypto mining rigs, India's central bank shooed away banks from crypto, and Interpol helped sweep crypto launderers.
A new Android malware operation called RedWing is being rented out on Telegram as a ready-made bank-fraud service. It lets even low-skill criminals take over a victim's phone, steal their banking logins, and capture the one-time codes that protect their accounts
A suspected China-nexus threat activity cluster has been observed targeting Indian taxpayers, tax professionals, and corporate finance teams to deliver a remote access trojan designed to steal sensitive data from compromised hosts
Financial institutions are putting their clients at risk in the name of convenience.
A Brazilian banking trojan called Ousaban is going after Windows users who bank in Spain and Portugal. Fortinet's FortiGuard Labs identified the campaign in May 2026
Business Email Compromise is more than an email scam. It's a coordinated operation involving compromised accounts, financial research, and cash-out networks. Flare explores how underground forums reveal how BEC attacks are planned and executed. [...]
American insurance giant Aflac has disclosed a new data breach after attackers breached its Japan subsidiary's systems and stole personal and bank account information of 4.38 million customers. [...]
Open API could reveal everything an attacker needs to impersonate bank officials
Attackers have begun exploiting a critical vulnerability (CVE-2026-46817) in the Oracle E-Business Suite (EBS) financial application, according to threat intelligence company Defused. [...]
The UK Cyber Monitoring Centre reviews the Canvas breach affecting 160 UK universities, highlighting data theft risks and financial impacts of cyber incidents
A coordinated law enforcement operation, in partnership with private sector companies, including Bitdefender, Bitsight, ESET, and Microsoft, has resulted in the takedown of criminal infrastructure powering Amadey and StealC
A Russian-speaking initial access broker (IAB) driven by financial gain is assessed to be behind a large-scale credential-harvesting operation known as FortiBleed that has targeted over 430,000 FortiGate firewalls globally
Bosses told to step up and get cybersecurity right
Restrictions Highlight Growing U.S.-China AI Security TensionsJPMorgan Chase removed Anthropic's Claude models from its approved AI platform for employees in Hong Kong, following restrictions tied to Greater China access rules and underscoring how U.S. export controls and geopolitical concerns are reshaping enterprise AI adoption in global financial markets.
Bank of Ireland's Francis Gorman Shares Strategies for Successful Quantum MigrationMost organizations give the migration to quantum-safe cryptography to the CISO. But that puts a cross-business change in the wrong hands. Accountability belongs with senior leaders who can influence the whole enterprise, says Francis Gorman, head of Bank of Ireland's security center of excellence.
Rokarolla Android malware targets 217 banking and crypto apps, steals credentials, blocks bank calls, intercepts SMS, and disables Play Protect. Zimperium’s zLabs researchers have published a detailed analysis of Rokarolla, a new Android banking trojan named after its command-and-control infrastructure. It spreads through malicious websites masquerading as TikTok and Chrome, one confirmed distribution point being […]