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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.

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From Vault to Vulnerability: Modern Day Bank Robbers Hit the Web

NCR

Instead, Carbanak targeted the banks’ internal money processing services and automated teller machines (ATMs). Network segmentation is a constant job of updates and configurations, but it can mean the difference between a hacker getting only as far as an employee’s infected computer, instead of helping themselves to the bank’s ATM systems.

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The 2015 GonzoBanker Awards

Gonzobanker

To those community bankers claiming their growing Compliance departments say no to everything. How about fighting harder with better examples and holding compliance officers as accountable as everybody else. FFIEC’s Cyber Security Self-Assessment Tool. Somebody-Call-the-Whaambulance Award. Did we hear a whaaaa?