financial institutions cyber exposure News

Biometrics and Financial Firms, Ransomware Variant Among Latest Cyber Trends: Chubb

State biometrics laws, a new ransomware threat and the targeting of financial institutions are among the recent trends in cyber risks, according to insurer Chubb in a new report. The insurer cites a recent surge in lawsuits over biometric privacy. …

U.S. Charges 8 with Cybercrime Against Financial Institutions, Government

Federal prosecutors in New Jersey on Wednesday unveiled criminal charges against eight people accused of trying to steal at least $15 million from U.S. customers in an international cybercrime scheme targeting accounts at 15 financial institutions and government agencies. U.S. …