payment source – Martijn Grooten

Bank of England to U.K. banks: Your tech needs a Plan B

Martijn — Wed, 11 Jul 2018 21:00:20 +0000

The bank Bank of England, together with the Financial Conduct Authority and the Prudential Regulation Authority, has cautioned U.K. banks to prepare for cyber attacks and technical failures.
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Phishing campaign has an extra payload for business networks

Martijn — Fri, 06 Jul 2018 12:00:11 +0000

A new malicious spam campaign that has been targeting Internet users in the U.K. serves as an important example of how banking malware targets business as well as home users.
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GDPR tool for helping consumers exposes hurdles as well

Martijn — Thu, 05 Jul 2018 12:00:51 +0000

The GDPR doesn’t mandate how data requests should be made, but it does say that organizations handling personal data should be prepared to handle the requests. One would be right to wonder whether companies are as prepared as they should be.
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Ticketmaster's U.K. breach shows risks of third-party code on websites

Martijn — Wed, 27 Jun 2018 09:51:31 +0000

Ticket sales company Ticketmaster has warned customers in the U.K. that malicious code running on its website could have led to personal data and payment details being stolen. This kind of breach through third-party JavaScript code is quite common and may go undetected for months.
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Banks may need threat teams to fight the next wave of SWIFT-style attacks

Martijn — Fri, 22 Jun 2018 09:50:24 +0000

Almost two-thirds of financial institutions have yet to form threat hunting teams — a growing necessity as the number of high-profile attacks rises.
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When crypto exchanges act like banks, regulators may treat them as such

Martijn — Wed, 20 Jun 2018 09:49:27 +0000

Exchanges aren’t very transparent about their methods, but that in fact most handle such internal transactions exactly how regular banks have worked for centuries.
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Polish banks targeted by attackers who hijack customer sessions

Martijn — Mon, 04 Jun 2018 09:48:29 +0000

Rather than hooking into the browser process, BackSwap takes the place of the user and enters the same commands into the browser that a user would if they wanted to hack themselves.
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Why the ransom demand on Canadian banks was a no-win scenario

Martijn — Thu, 31 May 2018 09:47:04 +0000

Two major Canadian banks, Bank of Montreal and Simplii Financial, have become victims of hacks that affected some 50,000 and 40,000 customers respectively. Neither bank decided to pay the ransom by the hackers’ May 28 deadline.
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How TSB's simple tech issue became a big phishing problem

Martijn — Thu, 10 May 2018 09:46:04 +0000

Security is a top priority for financial institutions around the world. In the past few weeks, the U.K.’s TSB Bank has learned the hard way that availability is even more important. And when availability is an issue, security can’t be ignored.
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How cryptocurrency is killing the 'money mule'

Martijn — Fri, 04 May 2018 09:44:35 +0000

A new strain of malware that targets cryptocurrency users — but not users of mainstream payment options like bank accounts — highlights how much the cybercrime game is changing behind the scenes.
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