Phishing
Top 10 op risks: deepfakes drive rise in fraud fears
External fraud re-enters top 10 as artificial intelligence provides new tools for criminals
Banks warn of rise in ransomware attacks
OpRisk Europe: Banks must improve resilience of remote-working staff, says Wells Fargo financial crime expert
Op risk data: Record $920m fine for JP metals ploy
Also: counting the cost of Covid cons; Citi audio dynamite. Data by ORX News
Industry to take up Fed’s white paper on cyber risk
Workshop will delve into definitions and classifications of the most chameleon of risks
Top 10 op risks 2018: theft and fraud
Cyber theft fears widespread, but old-fashioned frauds dominate losses
Top 10 op risks in 2018: IT disruption heads poll
Cyber risk dominates three of top four categories; model risk and mis-selling re-enter top 10
Hedge funds face true cyber-risks
HFT attacks may be unlikely, but cyber-threats remain
Spear phishing attack cost hedge fund £1.5 million in March
CFO hacked and payments wired to China, Russia and Turkey
UK trio sentenced for phishing scam
Three men have been sentenced to a total of 13 years and six months for their part in a phishing scam that attempted to steal more than £1.3 million
Markets shaken by emissions trading certificate hackers
Market participants are worried they could be holding fraudulent European Union carbon allowances (EUA), after computer hackers launched an alleged phishing attack on the German Emissions Trading Authority (DEHSt).
Warnings issued over Man-in-the-Phone fraud attacks
Daily news headlines
French president becomes online fraud victim
Daily news headlines
The gathering storm
The popularity of internet banking continues to grow, but so does cyber crime. Peter Madigan explores the security challenges for institutions active online and finds US regulators could be doing more to keep the banking public safe