Target settles with banks for $39 million after epic data breach
US retailer Target is back in the headlines again over its 2013 breach. This week, Target has settled on an agreement to pay up …
Want to make a secure payment online? Then use a SELFIE
City banks are trialling a new system which asks customers to verify their identities by taking selfies on their mobile phones linked to their …
DDoS Attacks Take Down RBS, Ulster Bank, and Natwest Online Systems
The Royal Bank of Scotland group of banks suffered nearly a fifty minute outage to their on-line banking systems today as a result of …
Police breaks up cybergang that stole over $15 million from banks
Romanian authorities have detained 25 people who are suspected of being members of an international gang of cyberthieves who hacked into banks, cloned payment …
Major UK banks NatWest and RBS to use iPhone Touch ID fingerprint scanner
The UK’s biggest bank is letting customers access their accounts with a swipe of their finger on their iPhone’s Touch ID fingerprint sensor. NatWest, …
Bank Hackers Steal Millions via Malware
In late 2013, an A.T.M. in Kiev started dispensing cash at seemingly random times of day. No one had put in a card or …
Cyber bank robbers steal $1bn, says Kaspersky report
Up to 100 banks and financial institutions worldwide have been attacked in an “unprecedented cyber robbery”, claims a new report. Computer security firm Kaspersky …
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