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Sifma Calls for U.S. Cyber War Council

July 8, 2014 - Wall Street's biggest trade group has proposed a government-industry cyber war council to stave off terrorist attacks that could trigger financial panic by temporarily wiping out account balances, according to an internal document.

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Barclays scores govt cyber security certification for digital banking services

July 4, 2014 - Barclays has become the first major organisation to receive a new UK government cyber security certification for its digital banking services.

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Brazilian scammers score $3.75 billion in malware bank fraud

July 3, 2014 - Brazilian criminal gangs have netted $3.75 billion in a micro-transaction fraud that compromises transactions made using the popular Boleto payment method.

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Korean banks under siege from Android malware

June 27, 2014 - Banking Trojans masquerading as Android mobile apps are spreading like wildfire through the smartphones of Korean users, with up to 100,000 devices so far infected.

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Consumer trust in banks wavers as card fraud rates rise

June 24, 2014 - Almost one-in-four people have fallen victim to card fraud over the past five years, according to a study of 6100 consumers across 20 countries by ACI Worldwide and Aite.

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14-year-olds use online manual to hack ATM

June 13, 2014 - Forgoing a kick around in the playground, a couple of teenage boys spent one school lunch break last week hacking into a Bank of Montreal cash machine.

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