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Posts Tagged ‘banks financial institutions’

Monitise Plc , a mobile banking technology company, said full-year group EBITDA loss widened 63 percent due to investment in product and sales particularly in the second half of the year. The company, which provides payment solutions to 350 financial institutions, said earnings before interest, taxes, depreciation, and amortization (EBITDA) loss widened to 31.4 million […]

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Financial institutions are top spenders for cybersecurity, and with good reason: As data breaches become more sophisticated and commonplace, the industry’s vulnerabilities are becoming apparent. One of those worries is the risk of losing something that’s vital to the industry’s livelihood – clients’ trust.

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Attackers have broadened both the capabilities and targets of malware first spotted primarily targeting financial institutions in Japan.

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