Britain’s biggest high street banks affected by Travelex cyber attack

Britain’s biggest high street banks have been left unable to process foreign currency orders following the cyber attack on Travelex, which provides services for them. Royal Bank of Scotland, Lloyds Banking Group, Barclays and HSBC are among more than a Read More …

UK government investigates possible cyberattack link to London Stock exchange outage

The UK government is reexamining the London Stock Exchange outage to ascertain whether or not a cyberattack, rather than a software glitch, was the cause. The LSE’s outage occurred on August 16, 2019. A “software glitch” was blamed in which Friday early-morning Read More …

International law enforcement operation exposes the world’s most harmful cyber crime group

A Russian national who runs Evil Corp has been indicted in the United States following unprecedented collaboration between the NCA, the FBI and the National Cyber Security Centre. A Russian national who runs Evil Corp – the world’s most harmful Read More …

228 Arrests And Over 3800 Money Mules Identified In Global Action Against Money Laundering

Law enforcement authorities from 31 countries, supported by Europol, Eurojust and the European Banking Federation (EBF), have stepped up their efforts to crack down on money mule schemes that rope in victims often unaware that the money they are sending is part of Read More …

Cybercriminals Impersonate Russian APT ‘Fancy Bear’ to Launch DDoS Attacks

Cybercriminals posing as the Russian APT group Fancy Bear have been launching DDoS attacks against companies in the financial sector and demanding ransom payments, according to a new report. The large-scale, multi-vector DDoS attacks come with accompanying ransom letter. They Read More …

UniCredit Suffers Third Breach Despite Investing Billions in Cybersecurity

Despite investing 2.4 billion euros since 2016 to upgrade its cybersecurity profile, Italian banking institution UniCredit has suffered its third recent data breach, this time impacting 3 million customers. The company said in a short data breach announcement on its website that Read More …

Banks kill biometric support for Samsung Galaxy phones

Major UK banks have withdrawn biometric support for their apps on Samsung Galaxy S10s after reports of a glitch in its fingerprint sensor. Nationwide Building Society and Natwest have taken action to minimise risk to S10 users after Samsung confirmed its in-screen fingerprint sensor Read More …

US Treasury sanctions three North Korean hacking groups

The US Department of the Treasury imposed sanctions today on three North Korean state-controlled hacking groups, which US authorities claim to have helped the Pyongyang regime raise funds for its weapons and missile programs. US officials cited three hacking groups Read More …