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Europol and police forces across Europe have shut down Ramnit, a botnet that infected up to three million computers world-wide. The virus, generally installed by email phishing attacks or rogue sites (please stop clicking on attachments, whoever your are) was mostly used by criminal hackers to ste...

1 day ago 0 Comments
February 26, 2015 at 4:44AM
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If you manage your personal finances from a smartphone, you'll be familiar with the tiresome verification procedures that banks use to double-check your identity. To make everything a little simpler, RBS and NatWest are introducing Touch ID support to their iOS banking apps tomorrow. So rather tha...

9 days ago 0 Comments
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It's no secret that hackers see banks as prime targets, but one band of digital thieves is conducting heists on a truly grand scale. Security researchers at Kaspersky have published details of malware attacks that have stolen at least $300 million from financial institutions in 30 countries. The c...

12 days ago 0 Comments
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Visa's move to protect your credit card numbers was apparently pretty popular. How do we know that? Well, it's coming to a bunch of places that aren't adorned with the Apple logo -- that's how. The company has announced that "other leading device manufacturers and technology companies" will adopt ...

13 days ago 0 Comments
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Your parents might have told you that revenge solves nothing, but it's not clear that American banks have learned the same lesson. Bloomberg sources understand that the FBI is investigating whether or not US financial institutions hired hackers to conduct retaliatory hacks against Iran, crippling ...

1 month ago 0 Comments
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A Bloomberg report claims that JPMorgan Chase and "at least" four more banks in the US have been victims of a virtual attack from hackers. The data gathered from the breach could reportedly "be used to drain accounts," according to two Bloomberg sources who have been briefed on the situation by th...

6 months ago 0 Comments
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"Skimming" is a blanket term used when referencing a crime where you take small amounts of money. It literally means to take cash off the top, as if money were the sweet cream floating atop a cauldron of lesser riches. Fifty years ago, skimming might have meant stealing a handful of dollars from y...

7 months ago 0 Comments
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Believe it or not, roughly 95 percent of ATMs in the world are still running Windows XP -- and that's about to become an expensive problem. Machine designer NCR says that only a third of banks will upgrade their ATMs to a newer OS before official XP support ends on April 8th, leaving many institut...

11 months ago 0 Comments
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Come June 28th, Wall Street outfits including the likes of Citigroup and Bank of America will be under siege -- from fake hackers, that is. Representatives from a total of 40 companies along with the Federal Reserve, Securities and Exchange Commission, US departments of Treasury and Homeland Secur...

1 year ago 0 Comments
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Lower Manhattan, Pearl Street, the Financial District. A Starbucks with broad windows, great for people watching. Sipping my $5 flavored coffee, I watched a homeless man sit on the sidewalk. I liked him immediately: his sharp gaze and thoughtful expression. When I left, I squatted down next to hi...

2 years ago 0 Comments
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When Michael Abrash started working for Valve, he expected the higher-ups to hand him a pile of work and tell him to hop to it. They didn't. Instead, he was told to figure out the most valuable thing he could do for the company, and then do it. So, Abrash wound up kicking off an in-house R&D pr...

2 years ago 0 Comments
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Fans of mobile banking are discovering harsh surprises after updating their Atrix 4G to v4.1.83. Amongst the numerous improvements in this release (including the widely touted HSUPA fix), Motorola added new SSL certificates to the mix. While such a change would normally be inconsequential, many b...

3 years ago 0 Comments