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FBI Charges Russian National With Running Online Hacker Marketplace

PYMNTS

and verified that it was legitimate hacked user data, not fake information. was first exposed as a nest of cybercrime activity in a now removed Digital Shadows report from 2016, according to ZDNet , and those in-tune with cyber-security issues were not shocked to hear of Firsov’s arrest. regularly, the FBI said.

National 134
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Proposed new cyber security regulations will be a huge undertaking for financial institutions

Celent Banking

New York State Department of Financial Services (NYDSF) is one step closer to releasing cyber security regulations aided by the largest security hacking breach in history, against JP Morgan Chase. Mandated training of security will be required. Information security. Data governance and classification.

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SMBs Severely Underestimate Data Breach Costs

PYMNTS

It’s National Cyber Security Awareness Month, and industry leaders are zeroing in on some of the most vulnerable targets of cyber scams: small businesses. As lawmakers ponder this risk, PYMNTS highlights some of the newest data points uncovered by researchers examining small business cybersecurity. ” The U.S.

Data 202
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Guest blog post: Protecting yourself online

Abrigo

Sageworks asked Don West, a member of the AICPA''s Information Management and Technology Assurance Section''s CITP Credential Committee the best ways to protect one''s self and business online. --. Do you like getting bombarded with online ads and email obviously based on your recent surfing habits? Do you bank online?

Online 199
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4 considerations for banking leaders concerned about cyber security

NCR

With that comes the need to protect the data associated with all types of banking transactions. Cyber security leaders need to move beyond the offices of the IT department and engage in regular and structured interactions with the CEO and other executive leaders.

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Preventing Online Account Origination Fraud

SWBC's LenderHub

As consumer demand for more online banking services grows, fraudsters are finding more and more ways to exploit these services.

Fraud 88
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Cyberattack Closes Web Access To Canadian Government Agencies 

PYMNTS

A cyberattack directed at two dozen Canadian government platforms forced the shutdown of most of its online portals over the weekend. As a result of the breach, the CRA said more than 11,000 of 12 million personal accounts were compromised, including online portals accessing tax payer data and COVID-19 relief programs.