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FBI Charges Russian National With Running Online Hacker Marketplace

PYMNTS

Kennedy Airport in New York City, according to an arrest warrant. 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. As of this week, Deer.io

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. The attack began in 2007 and crossed 17 different countries.

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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.

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FinDEVr APIntelligence

Fintech Labs Insights

We saw some great stuff at FinDEVr New York last week; stay tuned for videos of the live presentations! Twitter Talk from FinDEVr 2017 New York. The Favorites of FinDEVr 2017 New York. The Favorites of FinDEVr 2017 New York. Stay current on daily news from the fintech developer community!

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Old lags and new tricks

Tomorrow's Transactions

Basically, crooks got into the central bank system (which according to Reuters had no firewall and was using $10 routers ) and had access to the SWIFT gateway, so they sent messages instructing the Federal Reserve Bank of New York to transfers funds from the Bank of Bangladesh account to some accounts in the Philippines.

Bitcoin 30
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The 2015 GonzoBanker Awards

Gonzobanker

To Facebook’s Jerry Canning , a solid digital panelist at the ABA conference who pointed to the need to engage in conversations online with the customer, “the new CMO.” FFIEC’s Cyber Security Self-Assessment Tool. This is the FIDO Alliance’s objective as it strives to change the nature of online/mobile authentication.

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FinDEVr Silicon Valley: Looking Back, Moving Forward

Fintech Labs Insights

Quoted in eWeek on the problem of app security. Announced its Cyber Security scholarship program. Extended its app-security protection to Apple TV. Featured new Stripe integration, earned dual honors at American Business Awards. Teamed up with WooCommerce to help online merchants manage sales taxes.