Items tagged with banks

The U.S. government stepped in on Sunday to assure depositors would have access to their money following the collapse of two banks, Silicon Valley Bank and Signature Bank. Treasury Secretary Janet Yellen stated that the federal government, however, would not be protecting the shareholders and that senior management of... Read more...
Cyber thieves may have stolen personal data of 90,000 people from two of the largest banks in Canada, including Bank of Montreal and Imperial Bank of Commerce. The banks are in the process of verifying the theft after the supposed culprits notified the financial institutions over the weekend that they were in... Read more...
Given the string of success hackers have had with compromising the security of major retailers, it can’t be surprising that hackers have also been targeting more juicy targets – namely, banks. After Russian anti-malware company Kaspersky was brought in to investigate a malfunctioning ATM in the Ukraine, it discovered... Read more...
One of the things we're not looking forward to in 2015 is a continuation of cyberattacks against companies big and small. For whatever reason, hackers have been on a rampage in 2014, hitting banks and retailers like Target, Home Depot, and others. It's gotten so out of hand that some companies have started hacking back. According to Bloomberg, Read more...
Avast, makers of the self-titled free antivirus software (along with paid Internet security suites), has discovered that the "Tinba Banker" Trojan is back in circulation, and this time it's targeting more than two dozen financial institutions in the United States. There are some big names among them, including Bank of... Read more...
Think your week was rough? Trying running security for a U.S. bank, many of which were hammered with non-stop cyberattacks for more than seven days. According to reports, Bank of America, JPMorgan Chase, Citigroup, and around half a dozen banks in all saw significant traffic surges and suffered disruptions in service... Read more...