Seven cybersecurity threats for banks in 2024—and some smart ...
Feb 8, 2024 · Below are seven growing cybersecurity threats, as well as some suggestions for how banks can keep data secure. 1. Third-party risks. Topping any list of cyber-related nightmares are the risks posed by fintech firms and other vendors.
Truist Bank confirms breach after stolen data shows ... - BleepingComputer
Jun 13, 2024 · Truist Bank, a leading U.S. commercial bank, confirmed this week that its systems were breached in an October 2023 cyberattack after a threat actor posted some of the company's data for sale on a...
Cyberattacks and the Risk of Bank Failures - Investopedia
May 28, 2024 · Cyberattacks affect banks in many ways. In addition to the monetary loss that results from hackers stealing money from banks, banks incur additional costs in implementing cybersecurity to protect...
ICBC, the world's biggest bank, hit by ransomware cyberattack
Nov 10, 2023 · ICBC, the world’s largest lender by assets, said Thursday its financial services arm experienced a ransomware attack “that resulted in disruption to certain” systems. Security …
Flagstar bank to pay $3.6M fine for misleading customers
3 days ago · A Hicksville-based bank has agreed to pay $3.6 million to resolve allegations that it misled customers and investors about a cyberattack in which hackers stole the personal information of 1.5 ...
Cyber Security in Banking: Threats, Solutions & Best Practices
Sep 13, 2024 · Cyber security in banking is about securing the entire digital infrastructure of a bank — from online banking systems to internal databases — against unauthorized access, data leaks, and...
The Most Devastating Cyber Attacks on Banks in Recent …
Aug 10, 2016 · Here are some of the most devastating cyber attacks on banks in the history of cybersecurity. The Latest Cyber Attack on Banks: The 2013 South Korea Bank Hack. Spoiler alert: This is not the last hack in this list which has been linked to North Korea.
JPMorgan suffers wave of cyber attacks as fraudsters get ‘more …
Jan 17, 2024 · JPMorgan was the victim of one of the biggest cyber attacks on a bank a decade ago when the data on 83mn accounts — including 76mn households and 7mn business — were compromised.
Cyber Security in Banking. Why Cyber Attacks on Financial …
Jan 22, 2024 · This blog explores the rise in cyber attacks on the banking and financial industries, their far-reaching consequences, and what these high-target entities can do to protect against the evolving tactics of threat actors.
Fiserv attack exposes 837K Flagstar Bank clients - Cybernews
Nov 15, 2023 · According to information that Flagstar Bank provided to the Maine Attorney General, 837,390 individuals were impacted by the attack. As a result of the attack, threat actors may have accessed customer Social Security numbers (SSNs).