Banking & Finance — News

Anonymous may have slowed down NYSE site

The website of the New York Stock Exchange slowed down significantly twice on Monday afternoon, the day when the hacker group Anonymous was scheduled to launch a DDoS (distributed denial-of-service) attack on the website, according to an Internet and mobile cloud monitoring company.

John Ribeiro | 11 Oct | Read more

SpyEye Trojan Targets Online Banking Security Systems

Researchers have discovered a new attack by a popular malware program, the <a href="http://www.pcworld.com/businesscenter/article/236562/spyeye_trojan_morphs_to_defeat_online_banking_defenses.html">SpyEye Trojan</a>, that is aimed at cracking security schemes that use text messaging to send confirmation codes to consumers so they can confirm transactions from their accounts.

John P. Mello Jr. | 07 Oct | Read more

This Is No Time to Skimp on Security

Have you been paying attention? <a href="http://www.computerworld.com/s/topic/17/Security">Security</a> threats around the world have changed over the past few years. One of the fundamental differences is that the motives for security breaches have multiplied.

Scot Finnie | 22 Aug | Read more

Video ATMs offer human touch

Bank customers who still want to use a teller but are tired of queuing up at lunchtime will soon have a faster option if the big four banks decide to roll out NCR's APTRA video automatic teller machine (VTM).

Hamish Barwick | 15 Aug | Read more

Federal agency issues new security rules for financial institutions

The federal agency that regulates banks today issued new rules for online <a href="http://www.networkworld.com/topics/security.html">security</a> for financial institutions, instructing them to use minimal types of "layered security" and fraud monitoring to better protect against <a href="http://www.networkworld.com/columnists/2011/062311-andreas.html">cybercrime</a>.

Ellen Messmer | 29 Jun | Read more

They're back! Data breach notification bills resurface

After several large breaches -- including the <a href="http://blogs.csoonline.com/1457/epsilon_hack_notification_letters">Epsilon</a>, <a href="http://www.csoonline.com/article/680689/sony-playstation-network-personal-user-data-stolen">Sony</a>, and <a href="http://www.csoonline.com/article/684463/citigroup-reveals-breach-affected-over-360-000-cards">Citigroup</a> incidents that left customer financial data exposed -- federal lawmakers are dusting the covers off of an old idea: national data breach notification laws.

George V. Hulme | 27 Jun | Read more