Banking and Finance


  • Major HSM vulnerabilities impact banks, cloud providers, governments

    June 10, 2019

    Two security researchers have recently revealed vulnerabilities that can be exploited remotely to retrieve sensitive data stored inside special computer components known as HSMs (Hardware Security Modules). HSMs are hardware-isolated devices that use advanced cryptography to store, manipulate, and work with sensitive information such as digital keys, passwords, PINs, and various other sensitive information. In the real world, ...

  • Banks Launch Fraud Repayment Scheme

    May 28, 2019

    A new voluntary reimbursement scheme for consumers tricked into authorising scam payments came into force on Monday, but several major banks have so far declined to join the programme. Fraud such as “authorised push payment” (APP) scams are on the rise, and increasingly make use of social media and information available via the internet to make the swindles difficult ...

  • Double blow to dark web marketplaces

    May 3, 2019

    Two prolific dark web marketplaces have been taken down in simultaneous global operations, supported by Europol: the Wall Street Market and the Silkkitie (known as the Valhalla Marketplace) Those responsible for the world’s second largest illegal online market in the dark web, Wall Street Market, were also arrested in Germany, and two of the highest-selling suppliers ...

  • GCHQ To Work With Banks To Thwart Fraud, Cyber Attacks

    April 25, 2019

    British intelligence joins the fight against bank fraud and cyber attacks as it seeks to work more closely with businesses The UK’s top secret eavesdropping agency, GCHQ, has joined the fight against fraud and cyber attacks experienced by British businesses and financial institutions. GCHQ director Jeremy Fleming has reportedly said that the agency will begin sharing intelligence ...