Brazil's central bank said on Wednesday that technology services provider C&M Software, which serves financial institutions lacking connectivity infrastructure, had reported a cyberattack on its ...

In an era defined by rapid digital advancement, the financial sector finds itself at the nexus of opportunity and ...

Moreover, financial services have experienced a 65% increase in web application attacks, with LFI (local file inclusion) being the main reason for the attack vector.

Financial institutions are being increasingly targeted by deepfake-enabled fraud during know your customer (KYC) processes.

The number of so-called cryptojacking attacks on financial companies more than tripled in the first half from a year earlier. ‘Cryptojacking’ Attacks on Financial Firms Surge, Report Says ...

“Latitude Financial has detected unusual activity on its systems over the last few days that appears to be a sophisticated and malicious cyber-attack,” the statement began, before going on to ...

These attacks have been so prolific that 56% of financial institutions reported an increase in losses over the last 12 months. The average cost per institution over that period was $720,000. For ...

The recent wave of cyber attacks on UK retailers, including Marks & Spencer and Co-op, is a reminder that no organisation is ...

The Futures Industry Association said on Wednesday it was assessing the impact of a cyber attack on the systems of an ION Group unit, which is affecting trading and clearing of exchange-traded ...

After an attack on Iran’s Sepah bank, the hyper-aggressive Israel-linked hacker group has now destroyed more than $90 million ...

The financial industry was the target of the third-highest number of cyber attacks in 2019, according to Positive Technologies, a cyber security firm that serves a wide range of industries ...

Financial services businesses’ vulnerability to cyber attacks has been illustrated by a string of high-profile incidents, including a recent breach that temporarily paralysed UK-based payments ...