FDIC: 2011 FIS Breach Worse Than Reported

A 2011 hacker break-in at banking industry behemoth Fidelity National Information Services (FIS) was far more extensive and serious than the company disclosed in public reports, banking regulators warned FIS customers last month. The disclosure highlights a shocking lack of basic security protections throughout one of the nation’s largest financial services providers. Jacksonville, Fla. based FIS … Читать далее

FBI Promises Action Against Money Mules

The FBI’s top anti-cyber crime official today said the agency is planning a law enforcement action against so-called “money mules,” individuals willingly or unwittingly roped into helping organized computer crooks launder money stolen through online banking fraud. Patrick Carney, acting chief of the FBI’s cyber criminal section, said mules are an integral component of an … Читать далее

Cyber Crooks Leave Traditional Bank Robbers in the Dust

Organized cyber criminals stole more than $25 million from small to mid-sized businesses in brazen e-banking heists in the 3rd quarter of 2009 alone, federal regulators said last week. In contrast, traditional stick-up artists hauled less than $9.5 million out of U.S. banks over that same time period last year. Speaking at the RSA Security … Читать далее

Regulators Revisit E-Banking Security Guidelines

Prodded by incessant reports of small- to mid-sized business losing millions of dollars at the hands of organized cyber criminals, federal regulators may soon outline more stringent steps that commercial banks need to take to protect business customers from online banking fraud and educate users about the risks of banking online. At issue are the … Читать далее