Cyber security

The secret to reeling in cybersecurity talent at three big banks

11/27/17

One estimate says 3.5 million cybersecurity jobs will go unfilled by 2021. Banks are looking to military veterans, universities and even high schools to help fill the gap.

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Uber concealed cyberattack that exposed data on 57M people

11/21/17

Hackers stole the personal data of 57 million customers and drivers from Uber Technologies, a massive breach that the company concealed for more than a year.

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Hackers steal $31M of the cryptocurrency tether

11/21/17

The incident will fuel the debate on Wall Street over whether digital coins are secure enough to enter the mainstream of finance.

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Does the flood of bank email marketing boost risk of phishing attacks?

11/20/17

Deciding how far to go to protect customers is a complex issue, but one that the industry should address soon as phishing attacks continue to mount.

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Davos dames, car trouble and prison food

11/16/17

Look who's co-chairing the notoriously male-dominated World Economic Forum. A female automotive enthusiast eloquently calls out an industry where bias is ingrained in the everyday language, and women in prison cook up a better future. Plus, State Street, Goldman Sachs and Bank of Montreal.

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'Banks are being terrorized': Fallout from a year of data breaches

11/14/17

As consumers’ personal information is compromised almost daily, hackers are increasingly targeting banks.

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Massive Ethereum breach spells opportunity for banks

11/13/17

When a coder locked $150 million of digital currency stored in Parity digital wallets last week, many bankers probably saw it as another reason to ignore cryptocurrencies. Instead they should recognize the business opportunity (key custody) that the incident presents.

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The internet name many banks are afraid to use

11/10/17

In mid-2015, several thousand banks registered for dot-bank domains. More than two years later, only a few hundred have converted.

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How a phishing scam tripped up a Va. bank

11/10/17

Outsiders gained access to customer information at Southern National Bancorp of Virginia using a malicious email. Other financial institutions, meanwhile, are implementing policies in hopes of avoiding the same fate.

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Cyber threat, not credit, is what keeps today’s bank CEO up at night

11/07/17

The heads of some of the largest U.S. banks are calling for a new security-focused mindset among executives, better forms of ID and collective action in the aftermath of the Equifax breach.

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