Singapore Customer Data Exposed After Ransomware Attack on Vendor of DBS, BoC April 8, 2025 Some customer information from Singapore’s DBS Group and Bank of China’s branch in the country has potentially been compromised after...
Danish Central Banker Sees Russia Hackers as Key Risk to Lenders November 22, 2024 By Sanne Wass Cyber attacks against Nordic banks, likely perpetrated by Russia-linked hackers, pose the biggest threat to financial stability in the region,...
ECB’s Cyber Security Test Shows ‘Room for Improvement’ for Banks July 29, 2024 Euro zone banks have “room for improvement” in their cyber security, starting with how they would keep their business running...
ABN Amro Is Latest Bank to Suffer Breach After Hack at Supplier May 28, 2024 By Nicholas Comfort and Cagan Koc ABN Amro Bank NV became the latest European lender to suffer a data breach through one of its suppliers as...
Denmark Raises Cyber Security Alert Level After Attacks From Russian Hacker Groups February 1, 2023 Denmark on Tuesday raised its cyber security alert level from “medium” to “high” after several attacks by pro-Russian hacker groups...
Russian State-Owned Bank VTB Hit by Massive Distributed-Denial-of-Service Attack December 6, 2022 Russia’s No. 2 bank VTB was hit by the largest cyber attack in its history, it said on Tuesday, warning...
U.S. Banks Spent $1B on Ransomware Payments in 2021: Treasury Department November 2, 2022 By Jack Gillum US financial institutions spent nearly $1.2 billion on likely ransomware-related payments last year, most commonly in response to breaches originating...
Capital One Cyber Settlement to Cost $190 Million December 27, 2021 By Jenny Surane Capital One Financial Corp. agreed to pay $190 million to settle a class-action lawsuit that customers filed against the firm...
New U.S. Rule Requires Banks to Promptly Report Cyber Incidents November 19, 2021 By Pete Schroeder U.S. banking regulators on Thursday finalized a rule that directs banks to report any major cybersecurity incidents to the government...
U.S. Charges 3 North Koreans in $1.3B Hacking of Banks, Sony, Others February 18, 2021 By Mark Hosenball, Raphael Satter and Sarah N. Lynch The United States has charged three North Korean computer programmers with a massive hacking spree aimed at stealing more than...