03 March 2015

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Target takes $162m hit on data breach expenses

25 February 2015  | 0 comments | 14 tweets | 8 linkedin

Target has so far booked $162 million in expenses related to the data breach it suffered in late 2013 which saw thieves steal the card details of tens of millions of customers.

Europol has shut down a botnet that had infected 3.2 million computers worldwide with malware designed to steal online banking credentials.

Diebold anti-skimmer

Diebold takes 90-degree shift to counter ATM skimming

24 February 2015  | 0 comments | 3 tweets | 10 linkedin

ATM manufacturer Diebold claims to have found the answer to skimming fraud with a new reader that requires users to insert their card sideways on to prevent the copying of data stored on the magnetic stripe.

Charaka Kithulegoda, CIO, Tangerine

Finextra Leadership: Tangerine's direct banking pioneer

23 February 2015  | 0 comments | 5 tweets | 3 linkedin

As chief information officer at Canadian direct bank Tangerine, Charaka Kithulegoda is at the forefront of the drive to take financial services mobile. He talks to Finextra about how technology is changing the banking landscape.

A Russian national has appeared in federal court in Newark after being extradited from the Netherlands to face charges that he conspired in the largest international hacking and data breach scheme ever prosecuted in the United States.

web spider

Bank chiefs frightened by cyber risks - PwC

17 February 2015  | 2 comments | 11 tweets | 18 linkedin

The day after reports of a one billion dollar cyber heist at banks around the world, a PwC poll shows bank bosses are growing increasingly concerned about the threats posed by online criminal gangs.

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