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1–10 of 17 articles
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The Register
Open API leaked everything an attacker needs to impersonate bank officials
The Register
Watchdog links schedule change to replanning of UK payments system overhaul The European Central Bank's (ECB) decision to delay its move to a new messaging standard in 2022 ended up costing the Bank of England £23 million as it was forced to adjust migration to a new settlement system to avoid compounding risks.…
Graham Cluley
This month could barely have started any worse for some financial institutions in Brazil. Approximately US $140 million was stolen from the reserve accounts of six financial institutions after a cyber attack hit a service provider. Read more in my article on the Hot for Security blog.
Bleeping Computer
Bank Indonesia (BI), the central bank of the Republic of Indonesia, has confirmed today that a ransomware attack hit its networks last month. [...]
The Register
Because fewer people like banknotes, and payment sovereignty is a problem The Governing Council of the European Central Bank (ECB) has decided the bloc needs a digital version of the Euro, and ordered work that could see it enter circulation in 2029.…
Bleeping Computer
Hackers tried to steal $130 million from Evertec's Brazilian subsidiary Sinqia S.A.after gaining unauthorized access to its environment on the central bank's real-time payment system (Pix). [...]
The Hacker News
A newly released report by cybersecurity firm CTM360 reveals a large-scale scam operation utilizing fake news websites—known as Baiting News Sites (BNS)—to deceive users into online investment fraud across 50 countries. These BNS pages are made to look like real news outlets: CNN, BBC, CNBC, or regional media. They publish fake stories that feature public figures, central banks, or
The Hacker News
India's central bank, the Reserve Bank of India (RBI), said it's introducing an exclusive "bank.in" internet domain for banks in the country to combat digital financial fraud. "This initiative aims to reduce cyber security threats and malicious activities like phishing; and, streamline secure financial services, thereby enhancing trust in digital banking and payment services," the RBI said in a
The Register
SMS OTPs are overused, so bring on the tokens and biometrics India's central bank on Wednesday proposed a requirement for dynamically generated second authentication factors for most digital payments.…
Bleeping Computer
Recently-disrupted LockBit ransomware group, in what appears to be a desperate attempt to make a comeback, claimed this week that it had hit US Federal Reserve, the central bank of the United States. Except, the rumor has been quashed. [...]