Remove 2014 Remove Cyber Security Remove Fraud Remove Security
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April 2014: A Busy Month for Fraud Alerts!

Jack Henry

Cyber-Attacks on Financial Institutions ATM and Card Authorization Systems. In light of the ATM cash-out schemes that had taken place recently, an alert was issued to provide details on how this type of fraud had occurred, the risks presented to financial institutions (FIs), and what FIs could do to mitigate these risks. FBI InfraGard.

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2015 Marriott Breach: Prelude To 2018 Cyberattack?

PYMNTS

According to a report in the Wall Street Journal citing cyber security specialists, the breach in which the personal information of as many as 500 million customers was exposed began in 2014, going undetected until September of 2018. The hack could hurt Marriott’s reputation at a time when it’s fighting off the likes of Airbnb.

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BEC Run Out Of Detention Center Nets Millions

PYMNTS

Mobile means one can do just about anything by using their device: order food, bank online, read the news … even commit payments fraud, sometimes from the unlikeliest of places. The scams netted an alleged $25 million from 2014 to 2016. “In He and an accomplice operated from Nigeria, targeting the U.S.,

Idaho 153
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Is your bank stopping fraud?

Banking 2020

First the good news – banks in Britain stopped nearly £1 billion in attempted fraud in the first six months of 2015. Banks prevented £7 in every £10 of attempted fraud, according to Financial Fraud Action (FFA) UK, which reports that losses on payment cards, online and telephone banking and cheques totalled £325.3

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Does Trump’s Cybersecurity Platform Have A Leg To Stand On?

PYMNTS

The chain fell victim to a widespread malware attack that stole customer payment information for more than a year, from May 2014 to June 2015. First, the bank’s fraud system detected suspicious activity , which led to thousands of customer cards being blocked from usage. Just days later, the fraud scare actually became reality.

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Girding For Iran’s Cyberattacks On The US — Where Past May Be Prologue

PYMNTS

A posting tied to the image stated the page had been “hacked by Iran Cyber Security Group Hackers. This is only [a] small part of Iran’s cyber ability! Get ready, then, for a scramble from chief information security officers and their teams to shore up various sites — on-premise and in the cloud.

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Another Group of Hackers Target Swift, According To Symantec

PYMNTS

A second hacking group is targeting banks through the Swift Inerbank Messaging system, according to a report out from cyber-security firm Symnatec yesterday (Oct. Symantec said it would share technical information about Odinaff with banks, governments and other security firms.

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