Deutsche Bank extends partnership with Kyndryl for revamp plans

This renewed partnership is intended to accelerate Deutsche Bank’s transformation ambitions by integrating cloud computing, automation and security technologies.
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Credit Card Fraud That Bypasses 2FA

Someone in the UK is stealing smartphones and credit cards from people who have stored them in gym lockers, and is using the two items in combination to commit fraud:

Phones, of course, can be made inaccessible with the use of passwords and face or fingerprint unlocking. And bank cards can be stopped.

But the thief has a method which circumnavigates those basic safety protocols.

Once they have the phone and the card, they register the card on the relevant bank’s app on their own phone or computer. Since it is the first time that card will have been used on the new device, a one-off security passcode is demanded…

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How banks can benefit from implementing data governance

In banking, data governance is about meeting both regulatory and internal requirements. Find out what’s required of your data governance plans by reading this guide.
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Malicious Security App on Play Store Caught Dropping SharkBot Malware

By Deeba Ahmed
SharkBot malware is known for spreading itself through fake security solution apps on Google Play Store.
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Major Database Mess Up Leaves Indian Federal Police and Banking Records Exposed

By Deeba Ahmed
In total, the publically exposed Elasticsearch database contained a whopping 335 million records or roughly 24GB worth of highly sensitive data.
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Cost of a Data Breach: Banking and Finance

The importance of cybersecurity has touched almost every industry. Beyond that, robust cybersecurity is table stakes for several sectors, particularly health care and the banking and finance industry. Not only is financial data at risk, but so is customer trust. In banking and finance, trust means everything.  Yet, consumers are hesitant to share their confidential […]

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New DawDropper Malware Targeting Android Devices via Play Store

By Waqas
According to Trend Micro researchers, the DawDropper aims at stealing user data, in particular from banking apps on…
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Lessons Learned by 2022 Cyberattacks: X-Force Threat Intelligence Report

Every year, the IBM Security X-Force team of cybersecurity experts mines billions of data points to reveal today’s most urgent security statistics and trends. This year’s X-Force Threat Intelligence Index 2022 digs into attack types, infection vectors, top threat actors, malware trends and industry-specific insights.  This year, a new industry took the infamous top spot: […]

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