Banking Security


department of justice

Justice Department Indicts 80 People in Massive Online Fraud and Money Laundering Scheme

Two Nigerian citizens are accused of leading a massive fraud scheme that transferred at least $6 million in fraudulently-obtained funds, much of whom was taken from elderly people.

capital one building

Alleged Capital One Hacker Stole From More Than 30 Other Organizations, Prosecutors Say

In a search of Paige Thompson’s home, federal agents found servers holding stolen data from other companies and an “arsenal of weapons” belonging to her roommate.

capital one card

Capital One Breach Jeopardizes Data of Over 100 Million People

A lone attacker is accused of stealing personal information that included bank account numbers and Social Security numbers.

equifax logo

Equifax Will Pay At Least $650 Million In Settlement Over 2017 Data Breach

The credit-reporting agency will pay at least $300 million to victims. But it may be difficult for consumers to prove direct losses from identity theft.

Computer Science Student Shows Venmo Transactions Can Be Easily Acquired

Computer Science Student Shows Venmo Transactions Can Be Easily Acquired

A year after a privacy researcher showed the world that Venmo transactions could be easily accessed, a computer science student scraped seven million Venmo transactions to increase awareness of the issue.

Simplify, Automate and Modernize

Simplify, Automate and Modernize

The banking market continues to evolve due to the growing use of mobile devices, as more branch operations aim to enhance convenience and service for the customer.

How Safe Are Bitcoin ATMS?

How Safe Are Bitcoin ATMS?

As its evangelists work day and night to popularize digital currencies, Bitcoin ATM machines are popping up to help the unbanked and underbanked have access to the leading cryptocurrency.

HSBC Bank Discloses Security Incident

HSBC Bank Discloses Security Incident

"HSBC became aware of online accounts being accessed by unauthorized users between October 4, 2018 and October 14, 2018," the bank wrote in a data breach notification letter submitted to Californian authorities.



Global Payment Companies Test Data Security Readiness

Global Payment Companies Test Data Security Readiness

Eighteen payment processors from the U.S. and U.K. tested their systems for cyber attacks.

Cash In Transit

By definition, cash-in-transit (CIT) is the physical transfer of banknotes, coins, credit cards and items of value from one location to another.

ATM Security Increased Following FBI Warning

ATM Security Increased Following FBI Warning

Banks are on alert after the FBI warned of a new potential threat.

Consumers’ Trust of Cardless ATMs Will Not Happen Without Strong Mobile Device Security

Consumers’ Trust of Cardless ATMs Will Not Happen Without Strong Mobile Device Security

One key to improving cardless ATM acceptance among consumers is to build trust and comfort by ensuring that best-in-class security measures are in place. Given the right security and layers of defense, the cardless ATM process can be secure.

Banking on Efficiency

Banking on Efficiency

Operating in more than 4,000 buildings, one of the largest U.S. banks could not keep up with the onboarding and off-boarding of 300,000-plus employees, contractors, vendors and visitors.

Branch Banking

Industry Vertical

Branch Banking

While retailers have been incorporating video analytics into their daily operations for decades, financial institutions have lagged well behind the technology curve.

Bank of America Boosts Online Security with Biometrics

Bank of America Boosts Online Security with Biometrics

Bank of America will start using an additional layer of authentication for online banking.

Cash in Hand

Cash in Hand

If your bank, credit union or non-bank organization operates ATMs in remote locations, such as convenience stores or shopping malls, a bank heist that occurred in Japan last year probably caught your attention.

The Potential of Biometrics

The Potential of Biometrics

Many financial institutions are looking to biometrics to enhance customer trust and convenience, and for securing the bank enterprise and facilities.

Chipotle Releases Nationwide List of Breached Stores

Chipotle Releases Nationwide List of Breached Stores

Chipotle has released a nationwide list of stores that were targeted in the security breach between March and April of 2017.

Stopping the Post-EMV Surge in Online Fraud

Stopping the Post-EMV Surge in Online Fraud

The predicted increase in online fraud in the U.S. has arrived with the adoption of chip card technology.

See What You’re Missing

Fraud prevention, it’s time to get better acquainted with your security team. You may see them in the hallways, have a coffee with them in the breakroom, and possibly join them on the dance floor at your annual holiday party.

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Digital Edition

  • Security Today Magazine - October 2019

    October 2019

    Featuring:

    • Expanding Cybersecurity Solutions
    • The Mighty PoE
    • Theft on Wheels
    • Smart City Technologies
    • Quality Control is Everything

    View This Issue

  • Environmental Protection
  • Occupational Health & Safety
  • Infrastructure Solutions Group
  • School Planning & Managmenet
  • College Planning & Management
  • Campus Security & Life Safety