Bank Theft news and trends

How One Hacker’s Flub Saved One Bank $1B
Security & Fraud // March 11, 2016

It’s hard to believe that taking the time to double-check spelling could have allowed unknown hackers to pull off a nearly $1 billion bank heist last month. Officials told Reuters that the spelling mistake put a stop to an online bank transfer instruction for the...

Banks’ Big Security Threats? Tellers With Too Much Data
Security & Fraud // February 02, 2016

With all the talk about cybersecurity, technology investments and what threats banks must worry about, there’s one key aspect that may be being overlooked. Humans, and the potential big threats that bank tellers — with quick access to cash and sensitive account information — have...

Quick Reads
How One Hacker’s Flub Saved One Bank $1B

March 11, 2016
It’s hard to believe that taking the time to double-check spelling could have allowed unknown hackers to pull off a nearly $1 billion bank heist last month. Officials told Reuters that the spelling mistake put a stop to an online bank transfer instruction for the huge sum involving the central bank of Bangladesh and the […]

Banks’ Big Security Threats? Tellers With Too Much Data

February 02, 2016
With all the talk about cybersecurity, technology investments and what threats banks must worry about, there’s one key aspect that may be being overlooked. Humans, and the potential big threats...