US judge sentences Binance founder, Changpeng Zhao, to four months in prison for ignoring money laundering on his platform
TECHNOLOGY POWERING BUSINESS
News bank fraud
UK Government, Tech Giants Agree To Tackle Online Fraud
Series of pledges from big name tech firms in agreement with UK government to protect people from online fraud
Former FTX Engineer Pleads Guilty To Fraud Charges
Former engineering director of collapsed cryptocurrency firm FTX has pleaded guilty to six criminal charges, including fraud
GCHQ To Work With Banks To Thwart Fraud, Cyber Attacks
British intelligence joins the fight against bank fraud and cyber attacks as it seeks to work more closely with businesses
Russian Report Reveals £4.2m Stolen In Attack On SWIFT
Criminals made off with a tidy sum of money after a fraudulent wire-transfer request on SWIFT
UniCredit Data Breach Hits 400,000 Customers
Italian bank admits what could be Europe's largest ever data breach, and offers no apology
Home Office Overlooks Scale Of Online Fraud Warns NAO
Must do better! National Audit Office says online fraud is costing billions of pounds, but is still not a priority for police or government
SWIFT Intros New Tool To Help Banks ID Fraudulent Messages
Security upgrades continue at SWIFT as it seeks to assist the banking sector to identify suspicious payments
SWIFT Offers Daily Reports To Help Tackle Bank Fraud
Customers to receive 'anti-fraud reports' as security clampdown continues for banking messaging system
SWIFT Warns Banks Of Ongoing Cyber Attacks
Sophisticated new hacking attacks against banking system are ongoing and persistent, warns SWIFT
Hacker Typo Thwarts Billion Dollar Bank Heist
Sheer scale of banking crime revealed after prevention of billion dollar bank heist, but attackers still pocketed $80m
Russian Cyber-Crooks ‘Stole £522m Over Past Three Years’
Most of the Russian-origin cybercrime activity tracked by Kaspersky Lab targeted the US and Western Europe
Dyre Returns As Malicious Spam Targets UK Bank Customers
Return of Dyre malware. Malicious emails targetting UK banking customers contain the nasty trojan
‘Dyre Wolf’ Bank Transfer Scam Nets Criminals $1bn To Date
Sophisticated bank transfer cyber scam uses 'advanced social engineering' to fleece US companies
Chip And Pin Flaw Uncovered By Cambridge Boffins
Chip and pin payment systems used by many banks contain a serious vulnerability, according to Cambridge University researchers
RBS Confirms Weekend Online Banking Outage
RBS has confirmed that its online banking service is back and working, after failing at the weekend
Santander And Halifax Hit With Christmas Woes
Santander has accidentally sent the wrong statements to thousands of customers, while Halifax's payment system suffered an outage
Zeus And SpyEye Trojans Form Malware Alliance
Bankers are bothered by a big botnet, made of two major Trojans, Zeus and SpyEye