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2018-11-06

Lloyds Bank Is Replacing Customer Debit Cards After Cyber Attacks

Fraud: The UK bank is going to reissue debit cards to all customers that have made purchases on the British Airways and Ticketmaster websites.

2018-10-23

How Cyber Criminals Are Using Social Media To Hack Bank Accounts

Criminals use social media to check when customers are contacting banks about problems to then pose as the bank to hack people's data.

2018-10-11

Robotics Will Soon Become Mainstream In Finance

Robotic Process Automation will be adopted by nearly 3 in 4 Financial Controllers by 2020, according to new research by Gartner.

2018-10-09

Financial Sector Breaches Soar Despite Heavy Security Spending

Banks and other financial firms have disclosed three times as many breaches so far this year than they did in 2016, say the experts at Bitglass.

2018-10-09

How Cyber Attackers Stole £2.26m From Tesco Bank Customers

Poor debit card security and a "series of errors" in reporting exacerbated an incident that could have been easily avoided.

2018-10-03

Scammers Steal Half-a-Billion Pounds From UK Bank Customers

Over £500m was stolen from UK bank customers in H1 of 2018 and most it was lost to transactions made without account holders' authorisation.

2018-10-04

Teen Hackers Steal £600,000 From N. Ireland Accounts

Teenage hackers are committing cyber crimes that cost victims in Northern Ireland nearly £600,000 last year.

2018-10-02

Tesco Bank Fined £16.4m For Exposing Customers

Let Off Lightly: Tesco Bank has agreed to pay £16.4m as part of a settlement with the Financial Conduct Authority following a cyber-attack in 2016.

2018-09-25

Insurance Experts Expect Higher Cyber Losses

Insurers expect increased cyber-related losses across all business lines, driven by increasing reliance on technology and major cyber attacks.

2018-09-18

A Cyber Attack Could Cause The Next Financial Crisis

The next crisis might come from a cyber attack that causes disruptions to financial services capabilities, especially global payments systems.

2018-09-10

Big Companies Have An Achilles Heel

The proliferation of network access points experienced by large organisations is multiplying both their risks and their potential liabilities.

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