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Bank of England says banks under cyber-attack

November 29, 2013 - Several UK financial institutions have been hit in the last six months by cyber-attacks, some of which have disrupted services, according to the Bank of England.

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Met police chief calls on banks to help fund new cyber-crime unit

November 22, 2013 - Scotland Yard chief Bernard Hogan-Howe is calling on banks to help fund a new London cyber-crime fighting unit, admitting that traditional policing methods are failing against high-tech crooks.

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US police force pays out bitcoin ransom after falling to Cryptolocker

November 22, 2013 - A US police force has admitted to falling prey to the notorious bitcoin ransomware Cryptolocker, forking over around $750 in the virtual currency to crooks to get its files decrypted.

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ECB sets out draft mobile payments security recommendations

November 20, 2013 - The European Central Bank has set out draft recommendations on mobile payments security, covering everything from customer authentication to data protection.

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Hackers steal credit card details of 376,000 Irish consumers

November 15, 2013 - Irish banks AIB and Permanent TSB say that they suspect that some of their customers have fallen victim to card fraud after a massive data breach at loyalty points outfit Loyaltybuild.

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Mobile banking use increased 50% in 2013

November 15, 2013 - Mobile banking is becoming an increasingly prominent element of the way people manage their finances.

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