Quarter of All Malware Attacks Targets Financial Services, Credit Card Fraud Up 200%

Research published on Monday by cyber threat intelligence company Intsights paints a bleak picture for cybersecurity across the global financial services industry. According to the report, more than 25% of all malware attacks hit banks and other financial services organizations, more than any other industry, and there were huge year-on-year increases in the numbers of compromised credit cards …

US ATM Makers Warn About hackers Targeting Cash Machines through “jackpotting”

Diebold Nixdorf Inc and NCR Corp, two of the world’s largest ATM makers, have warned that cybercriminals are targeting U.S. cash machines with tools that force them to spit out cash in hacking schemes known as “jackpotting.” The two ATM makers did not identify any victims or say how much money had been lost. Jackpotting …