Cybersecurity

Computer security, cybersecurity or information technology security is the protection of computer systems from the theft of or damage to their hardware, software, or electronic data, as well as from the disruption or misdirection of the services they provide.

Source: en.wikipedia.org

Fed’s Report Uncovers 50+ Data Breaches
Fed’s Report Uncovers 50+ Data Breaches
June 02, 2016  |  Security & Fraud

Between 2011 and 2015, the U.S. Federal Reserve was targeted in more than 50 cyberattacks. From cybersecurity records gathered via a Freedom of Information Act...

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Ransomware Infections Cost $1.6B In 2015
Ransomware Infections Cost $1.6B In 2015
May 31, 2016  |  Security & Fraud

You know what they say, cybercrime pays. Last week, the FBI published a report confirming the fact – the data noting that, in 2015, ransomware...

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SWIFT Examines New Cyberattack Prevention Tech
SWIFT Examines New Cyberattack Prevention Tech
May 31, 2016  |  Security & Fraud

In an effort to improve security, the global interbank messaging system said it would begin discussions with its users about new measures and tools that...

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UK Businesses Could Front The Bill For Bank Fraud
UK Businesses Could Front The Bill For Bank Fraud
May 30, 2016  |  B2B Payments

As the fallout over SWIFT’s cyber breaches continues, the U.K. has put forth proposals that would require the customers of banks – not the banks...

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Brazil Tops Worst Cybersecurity List
Brazil Tops Worst Cybersecurity List
May 27, 2016  |  Security & Fraud

Companies in Brazil may need to do some work when it comes to cybersecurity. A report released on Thursday (May 26) stated that Brazilian businesses...

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SWIFT Breach — And Now There Are 12
SWIFT Breach — And Now There Are 12
May 27, 2016  |  Security & Fraud

When it rains, it pours. At least, that’s what SWIFT may be feeling, given the news that investigators are looking into computer breaches that have...

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The FDIC Is In Hot Water Over Cybersecurity
The FDIC Is In Hot Water Over Cybersecurity
May 26, 2016  |  Security & Fraud

House lawmakers aren’t letting up on the Federal Deposit Insurance Corporation (FDIC) when it comes to how the banking regulator handled notifications following a slew...

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SWIFT Preps For Security Program Launch
SWIFT Preps For Security Program Launch
May 25, 2016  |  Security & Fraud

To help repair its damaged reputation, the Society for Worldwide Interbank Financial Telecommunication (SWIFT) announced on Tuesday (May 24) that it plans to launch a...

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