Tags Financial services

Credit union's lawsuit against Fiserv is a test for cybersecurity liability

by Sean Lyngaas • 2 months ago

The credit union claims that Fiserv's online banking platform was so riddled with vulnerabilities it exposed its members to possible identity theft.

Ransomware crooks attack Conduent, another large IT provider

by Sean Lyngaas • 4 months ago

Maze is but one of a series of ransomware affiliates that like to target IT services companies.

Capital One is a cautionary tale for companies rushing to embrace new tech

by Jeff Stone • 1 year ago

As developers take on more responsibility to make money, sometimes security is lost in the mix.

What Wells Fargo’s cyber boss is doing to protect critical infrastructure

by Jeff Stone • 2 years ago

Rich Baich, chief information security officer at Wells Fargo, will begin an indefinite term on the National Infrastructure Advisory Council next month.

Financial institutions launch their own cyber range to train defenders, test tools

by Shaun Waterman • 3 years ago

Banks, insurance companies and other financial institutions are banding together to design and build a series of computer environments where defenders can exercise, train and test tools to defend their real computer networks.

Ukrainian hacker who stole data for insider trading ring sentenced

by Shaun Waterman • 3 years ago

A Ukrainian member of a hacker gang that stole advance copies of electronic press releases from newswire companies got two-and-a-half years in prison for his role in the insider trading scam, which prosecutors say netted about $30 million.

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