The Society for Worldwide Interbank Financial Telecommunication (SWIFT), the banking transactions messaging service that hackers used to steal more than $80 million from the central bank of Bangladesh, is adding a new fraud protection system. Starting in December, the network will send its member banks summaries of their communications, with a separate summary flagging suspicious […]
The former CISO of a large intelligence community agency once told me, “The number one challenge in IT Security is the carbon-based life form.” Needless to say, that comment has stuck with me as I read articles daily about hacks with their genesis found in credentials lifted from phishing schemes. Given that background, I was […]
With the advancement of the Internet into just about every sector of life, it’s no surprise that online banking has become incredibly popular. This service is both quick and efficient, with many institutions allowing for their account holders to even cash a check by taking a picture with their smartphone. Online banking’s convenience is obviously […]
Latest Comments