Researchers from Newcastle University have discovered a serious flaw in Visa’s contactless credit cards which could allow attackers to siphon large amounts of money off users' bank accounts without them even noticing.
The Dyre/Dyreza banking Trojan has lately become very popular with cyber criminals - so much so that the US-CERT has issued an alert warning about the danger.
The chip and PIN payment card system - or EMV - is considered to be more secure than the magnetic strip one, but it's also not bulletproof.
Kaspersky Lab performed a forensic investigation into cybercriminal attacks targeting multiple ATMs around the world.
The Financial Services Information Sharing and Analysis Center (FS-ISAC), an organization focused on sharing critical cyber security threat information worldwide, and The Depository Trust & Clearing Corporation (DTCC), the post-trade market infrastructure for the global financial services industry, announced the formation of a strategic joint venture to develop and market automation solutions that advance cyber security capabilities and the resilience of critical infrastructure organizations, including financial services firms and others worldwide.
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