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New York lightens cybersecurity steps for banks despite surge in hacking

Source: National Cyber Security – Produced By Gregory Evans

New York lightens cybersecurity steps for banks despite surge in hacking

Amid a global spike in hacks of corporate computer systems, New York on Wednesday introduced drastically watered-down cybersecurity measures for banks.
The revised cyber regulations no longer require banks to put a single executive in charge of cybersecurity — nor

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Major Russian banks say unaffected by cybersecurity threats

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Source: National Cyber Security – Produced By Gregory Evans

Major Russian banks say unaffected by cybersecurity threats

Russia’s leading financial group VTB and the biggest lender Sberbank said on Friday cyber threats have not affected their activities.
Earlier in the day, Russia’s Federal Security Service (FSB) announced that foreign special services were plotting a series of cyber

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Hackers Target UK Banks Via Twitter

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Source: National Cyber Security – Produced By Gregory Evans

Hackers Target UK Banks Via Twitter

A new social media phishing scam campaign has been identified by security researchers at Proofpoint, which is targeting all major UK banks and their customers. The scam campaign involves hackers creating fake Twitter accounts, posing as customer support staff, in

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Hackers Target SWIFT-Using Banks With Odinaff Malware

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Source: National Cyber Security – Produced By Gregory Evans

Hackers Target SWIFT-Using Banks With Odinaff Malware

A malware-wielding gang has been targeting financial firms’ SWIFT software to inject fraudulent money-moving messages since at least January in “discreet campaigns” not tied to the Bangladesh Bank hack, security firm Symantec warns.
The emergence of the targeted attacks, which

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Can banks do biometric security? We’d trust them before the government

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Source: National Cyber Security – Produced By Gregory Evans

Can banks do biometric security? We’d trust them before the government

Brits have more faith in their banks than government agencies to roll out authentication technologies based on biometrics, according to a new survey from Visa.
Consumers are nearly twice as likely to trust banks to store and keep their biometric

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Corruption Currents: Deutsche Bank’s $10 Billion Scandal

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Source: National Cyber Security – Produced By Gregory Evans

Corruption Currents: Deutsche Bank’s $10 Billion Scandal

A daily roundup of corruption news from across the Web. We also provide a daily roundup of important risk & compliance stories via our daily newsletter, The Morning Risk Report, which readers can sign up for here. Follow us on

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Taiwan Banks Close Hundreds of ATMs after Hackers Steal $2 Million

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Source: National Cyber Security – Produced By Gregory Evans

Taiwan Banks Close Hundreds of ATMs after Hackers Steal $2 Million

Taiwan banks shut hundreds of ATM machines across Taiwan on Tuesday following a NT$70 million ($2.18 million) heist over the weekend, an epa journalist reports. Two masked persons hacked into the ATM system of First Bank over the weekend, causing 34 ATM machines in Taipei and the western city of Taichung to automatically dispense cash, […]

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Banks to face expulsion from global payments systems over IT security

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Source: National Cyber Security – Produced By Gregory Evans

SWIFT to review security strategy following cyber attacks – with the ultimate on the table for banks with poor security SWIFT, the global inter-bank payments system, will threaten members with expulsion over poor cyber security in a shake-up in the organisation’s security strategy. That is the message of SWIFT CEO Gottfried Leibbrandt following a string […]

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Hackers test defences of Middle East banks

Source: National Cyber Security – Produced By Gregory Evans

Hackers are probing the defences of banks in the Middle East, targeting employees with infected emails which gather information about the banks’ network and user accounts, FireEye researchers said. FireEye, a US cybersecurity company investigating the February attack on Bangladesh’s central bank in which hackers stole $81 million, said there was no apparent connection with […]

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Singapore, Philippines central banks move to tighten cyber security

The logo of the Monetary Authority of Singapore (MAS) is pictured at its building in Singapore in this February 21, 2013 file photo.  REUTERS/Edgar Su/FilesYour ads will be inserted here byEasy Plugin for AdSense.Please go to the plugin admin page toPaste your ad code OR Suppress this ad slot. Singapore’s central bank has asked banks to maintain a high level of security for their critical IT systems following recent cyber attacks using the SWIFT financial messaging system. In the […] View full post on AmIHackerProof.com | Can You Be Hacked?