JPMorgan spends $15 billion a year on technology, given the risk of a data breach

JPMorgan Chase’s banking systems are attacked by hackers 45 billion a day, double what it saw a year earlier. The nation’s largest bank spends $15 billion a year on technology, given the risk of a data breach and the potentially Read More …

Financial Fraud APK Campaign

During Unit 42 ivestigation discovering threats in legitimate network traffic, activity generated by a certain type of Android Package Kit (APK) files kept hitting their radar. The research revealed a family of malicious APKs targeting Chinese users that steals victim Read More …

Australia: The Iconic denies responsibility for data breach

The Iconic has denied responsibility for a series of data breaches that saw Aussies’ bank balances drained of thousands of dollars after their accounts with the retailer were compromised. Earlier this week, news.com.au revealed customers at Australia’s largest online retailer Read More …

Fidelity National Financial says hackers stole data on 1.3 million customers

Real estate services giant Fidelity National Financial (FNF) has confirmed hackers stole data on 1.3 million of its customers during a November cyberattack that knocked the company offline for a week. FNF said in a filing Tuesday with federal regulators: Read More …

ECB to conduct mock cyber attacks at 109 banks

The European Central Bank (ECB) will stress test 109 banks over the next twelve months to see if they are adequately prepared for cyber attacks. The banks’ response and recovery capabilities will be prioritized, not the potential to prevent incidents. Read More …

‘Lazy’ broadband engineers blamed for exposing hospitals and banks to cyber attacks

Hospitals and banks are more exposed to cyber attacks because “lazy” broadband engineers are failing to fill in crucial forms, it has been alleged. Industry sources warned of a “Wild West” among contractors who are not handing over information about Read More …

Another top US mortgage firm reveals a major data breach, over a million customers affected

LoanCare suffered a data breach last month, which resulted in the theft of sensitive customer data, the insurance service company has confirmed. Roughly 1.3 million people were affected by the breach, the company further explained, as hackers stole people’s full Read More …

Former Chelsea player Rati Aleksidze arrested in Germany for ‘gang-related investment fraud’

A former Chelsea striker played a possible minor role in a global investment crime gang, according to prosecutors investigating a cyber scam worth “billions”. Rati Aleksidze was temporarily held under a European arrest warrant in March. German prosecutors told Telegraph Sport Read More …