Security news aggregator

Latest coverage for Finance

Stay secure in the finance sector. Explore the latest in financial cyber security news, trends, and best practices to protect valuable assets and data.

16 headlines in this view

Refine the feed

Search across headline titles and summaries.

Tag briefing

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.

Showing 16 most recent headlines Filtered view
Bank Info Security 2 years, 3 months ago

Vietnamese Threat Actor Targeting Financial Data Across Asia

CoralRaider Looks for Social Media Accounts That Contain Payment InformationVietnamese financially motivated hackers are targeting businesses across Asia in a campaign to harvest corporate credentials and financial data for resale in online criminal markets. Researchers at Cisco Talos identified a cluster of hacking activity its tracks as CoralRaider.

Bank Info Security 2 years, 3 months ago

Cryptohack Roundup: Thieves Steal Money, Seek Praise

Also: A OneCoin Sentencing, Tornado Cash Update, FTX Repayment PlansThis week, hackers stole from Prisma Finance and demanded praise, a OneCoin head was sentenced to prison, a Tornado Cash co-founder asked for dismissal of charges, FTX said it will repay customers, Singapore has new digital payment token rules, and the BoE and FCA launched Digital Security Sandbox.

Bank Info Security 2 years, 3 months ago

After Ransomware Hits, County Declares State of Emergency

Missouri County Blames Ransomware for IT Outages; Special Election Not DisruptedThe Missouri county of Jackson has declared a state of emergency after being hit by ransomware on the day of a special election. Officials said attackers didn't appear to have stolen any data and that as a cybersecurity measure, the county doesn't store any residents' sensitive financial data.

Bank Info Security 2 years, 3 months ago

How AI Helps Assess Credit Risk, Navigate Complex Processes

Synechron's Ivan Perić on Mitigating Credit Issues, Ensuring Regulatory ComplianceCredit risk is a persistent challenge for financial institutions, particularly in business lending. Ivan Perić, head of global artificial intelligence R&D at Synechron, discussed how AI can assess credit risk, ensure regulatory compliance and mitigate operational risks.

Bank Info Security 2 years, 3 months ago

The Rising Threat of Fake Business Accounts

Prove's Mary Ann Miller on Strategies for Stronger ID VerificationThe banking and financial services industry will see a growth in scams and frauds perpetrated through fake businesses, incentivizing bad actors to continue creating these fraudulent entities, said Mary Ann Miller, a fraud and cybercrime executive advisor with Prove.