bank cyber attacks News

Malware Used to Steal $80M-Plus in Bangladesh Cyber Bank Heist: Officials

Investigators suspect unknown hackers managed to install malware in the Bangladesh central bank’s computer systems and watched, probably for weeks, how to go about withdrawing money from its U.S. account, two bank officials briefed on the matter said on Friday. …

Lawmakers Seek Details on Financial Services Firms’ Data Breaches

Leading Democrats in both houses of Congress sent letters on Tuesday to 16 major banks and other financial firms requesting detailed information about recent data breaches and briefings from corporate data security officials. Among the companies targeted in letters sent …

No ‘Significant’ Cyber Attacks on Banks, Says Bank Group

An influential U.S. financial services industry group that shares information about cyber threats has said it is unaware of any “significant” cyber attacks, downplaying concerns about possible breaches at JPMorgan Chase & Co. and other banks. The group, known as …

Cyber Attacks on Banks Color Terrorism Insurance Renewal Debate

Bankers and U.S. officials have warned that cyber-terrorists will try to wreck the financial system’s computer networks. What they aren’t saying publicly is that taxpayers will probably have to cover much of the damage. Even if customers don’t lose money …