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Criminals breached a third-party database storing Santander customer and employee information, a type of intrusion that banks are increasingly facing.
By Carter PapeMay 20 -
The bank's chief information security officer shared why it took so long for the hackers to get in, what worked during the exercise and what didn't.
By Carter PapeMay 12 -
Cybersecurity leaders for Visa, Deluxe and Fiserv said powerful cloud players have been unresponsive to their requests to monitor the vendors' security postures.
By Carter PapeMay 7 -
The efforts, which respond to President Biden's October executive order on AI, aim to improve synthetic content detection and improve the trustworthiness of AI models.
By Carter PapeMay 3 -
A new policy directive aims to fortify critical infrastructure by enhancing collaboration between U.S. intelligence agencies and systemically important financial entities.
By Carter PapeMay 1 -
The ABA is testing an information-exchange network to allow banks to share their fraud data with each other. Companies including Baselayer are also building solutions.
By Carter PapeApril 24 -
Banks reported nearly $27 billion had been tied up in scams or theft against elderly people in a recent 12-month period, according to a report from the U.S. Treasury.
By Carter PapeApril 22 -
In an ongoing case, Citi and the New York attorney general are disputing who is responsible for wire transfer fraud that drained a customer's retirement savings.
By Carter PapeApril 15 -
A new report sheds light on the lack of player protections against scams and exploitive data collection practices of video game companies.
By Carter PapeApril 8 -
TD moved its automated trading service to the cloud, in the hopes of new levels of efficiency and computational power.
By Carter PapeApril 3