Hacked: Hacking Finance

Hacked: Hacking Finance


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Business

Banks Spend Big To Fight Cybercrime, Heighten Efforts To Supervise Employee Behavior

Posted on December 22nd, 2015.

Banks are spending billions to battle cyber attacks, according to the Wall Street Journal. Much of the efforts focus on employees who unintentionally expose information to hackers. Many banks are now banning workers from using USB drives, warning them to be careful about what they post on social media, and telling them not to put “out of...

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Breaches

Three Charged with Masterminding the Single Largest Financial Cyber-Theft in U.S. History

Posted on November 11th, 2015.

U.S. prosecutors have charged three men in relation to the largest cyber-attack and theft of consumer data from a U.S. financial institution in history. Three Israeli nationals have been charged with running a sweeping hack and fraud campaign that culminated in a massive breach of multiple financial institutions including JPMogran Chase...