Police Disrupt a €140M Cyber Fraud Ring in Spain
Iberian hackers carried out a variety of cyberattacks and laundered the winnings through complex financial networks.
Stay secure in the finance sector. Explore the latest in financial cyber security news, trends, and best practices to protect valuable assets and data.
Search across headline titles and summaries.
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.
Weekly headline count for the current query.
Iberian hackers carried out a variety of cyberattacks and laundered the winnings through complex financial networks.
North Korea's gross domestic product (GDP) has grown, in part because of the nation's state-sponsored cybercrime groups, which target financial firms and other businesses.
Despite broadly connected digital infrastructure, standard fare TTPs are enough to cause trouble for Afghanistan's porous cybersecurity.
A threat actor got a near-continuous view into an influential finance executive's email inbox, thanks to clever use of legitimate, native Windows tools.
Global financial institutions are panicked over Anthropic's new superhacker AI model. Cyber experts aren't quite as worried.
People targeted by confidence schemes find getting help is a lonely road. Experts want law enforcement, financial, and government institutions to work together and protect them.
Some 29 people were charged, including a Cambodian senator, and authorities seized more than 500 Web domains tied to fake investment sites.
China is spying on India's financial sector, for some reason, and it's not putting much effort into it, judging by some stale TTPs.
Cyber-fraudsters move quickly from compromised devices to account takeover to funds transfer, shifting money before many financial institutions can react.
Attackers compromised Internet-facing OT devices and caused file and display manipulation, operational disruption, and financial losses across sectors.
Augmented Marauder's multipronged banking-Trojan cyber campaigns are targeting Spanish speakers, evading detection, and replicating rapidly.
JPMorganChase uses digital fingerprints and digital twins to spot online attackers and malicious behaviors while also reducing pesky false alerts.
Tracking pixels let social media companies spy on their users even after they click over to advertiser sites, gleaning credit card info, geolocations, and more, according to an analysis.
Unprotected cloud data sends the wrong signal at a time when the emirate's trying to attract investors and establish itself as a global financial center.
The GS7 cyberthreat group targets US financial institutions with near-perfect imitations of corporate portals to steal credentials and gain remote access.
Patricia Voight, CISO at Webster Bank, shares her expertise on advancing cybersecurity careers, combating financial crimes, and championing diversity in a rapidly changing industry.
Financial institutions need to be proactive when identifying and mentally preventing fraudulent activity. Here's what to watch f for .
The US Treasury's Financial Crimes Enforcement Network shared data showing how dramatically ransomware attacks have changed over time.
Bug bounty programs create formal channels for organizations to leverage external security expertise, offering researchers legal protection and financial incentives for ethical vulnerability disclosure.