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Lloyds hit by international criminal gang cyber attack
A cyber attack by an international criminal gang is though to be responsible for digital services at Lloyds Banking Group being intermittently down for more than two days. The denial of service attack was unleashed on high street lenders two weeks ago, according to people familiar with the situation, although only customers of Lloyds experienced problems accessing [...]
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National Cyber Management Centre: major bank will fail due to cyber attack
Professor Richard Benham, chairman of the National Cyber Management Centre, has given a severe warning: “A major bank will fail as a result of a cyber attack in 2017 leading to a loss of confidence and a run on that bank.” Cyber security will undoubtedly be the dominant theme of 2017, as all tech innovations could be [...]
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US banks join forces to fight cyber crime
Eight of the largest US banks are forming a group to tackle the growing cyber crime threat. The group includes J.P. Morgan Chase, Bank of America and Goldman Sachs, among others. While still in its early stages, the big banks expect the group members will share more information with each other about cyber crime threats, prepare comprehensive [...]
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Cyber security bulletin – overall statistics for 2015
Cyber security – The year in figures In 2015, there were 1,966,324 registered notifications about attempted malware infections that aimed to steal money via online access to bank accounts. Ransomware programs were detected on 753,684 computers of unique users; 179,209 computers were targeted by encryption ransomware. Kaspersky Lab’s web antivirus detected 121,262,075 unique malicious objects: [...]
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ECB steps up cyber attack offensive
The European Central Bank will set up a database to register incidents of cyber attack and cyber crime at commercial banks, aiming to create an early warning and analysis system for big lenders, it told German newspaper Handelsblatt last week. The ECB has been running a pilot project since February with 18 larger euro zone [...]
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