Cyber attacks

Securing bank apps: What if mobile carriers get hacked?

12/24/18

There are steps financial firms can take to protect their customers in the event a major wireless network is compromised, including reconsidering the use of SMS messaging for account authentication.

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Every day is a fire drill for bank cybersecurity teams

12/05/18

Since banks are under constant attack by hackers, the startup XM Cyber is offering them a simulator that seeks to do its virtual worst in order to prevent a real breach.

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What's working, what's not in banks' battle against 'credential stuffing'

11/09/18

HSBC is the latest bank to be hit with this type of attack, in which hackers take stolen user names and passwords from one site and attempt to reuse them to login to banks.

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Biggest phish in the sea? These banks are growing targets

10/31/18

Following is a list of the banks that made Vade Secure's top 10 phishing list in the third quarter, along with insights into how lenders can protect themselves.

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Amid glut of cyber rules, banks launch global tool to assess risks

10/25/18

The assessment is designed to get banks on the same page in combating cybersecurity and make it easier for institutions and regulators to assess their performance.

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JPMorgan invites white-hat hackers to security team

10/18/18

Crowdsourced cybersecurity is making inroads into the world of big banks, even though there is a risk bad actors will exploit the opportunity.

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Dimon on bailouts, cybersecurity, social media's crisis

10/02/18

JPMorgan Chase's Jamie Dimon downplayed "too big to fail," warned against the risk of cyberattacks and lectured high-tech giants about their privacy shortcomings during an appearance in Washington.

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Fed looks at relaxing big bank rules; Wells western retail chief leaves

10/02/18

The central bank is mulling measures to broaden the number of banks receiving reg relief; Lisa Stevens was a top deputy to the former retail chief during the phony accounts scandal.

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Botnets increasingly prey on small banks and credit unions

09/20/18

Every month, from January to April of this year, there were roughly 3.2 billion attacks perpetrated by malicious code that infiltrated business' networks. Representatives of smaller financial institutions disputed the notion that they are one of the weak links in the chain.

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Mystery JPMorgan hacker nabbed by feds. What does Russian know?

09/07/18

Andrei Tyurin, a Russian citizen who is alleged to have performed key cyber-work in a hack of JPMorgan Chase and several other companies, was extradited to New York on Friday from the republic of Georgia.

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