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Posts Tagged ‘bank’

Fire drill knocks ING bank’s data centre offline

September 12th, 2016 by Mark Daly in Industry News No Comments »
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A fire extinguisher test in a bank’s data centre has gone wrong in an “unprecedented” manner, causing its cash machines, online banking operations and website to go offline. For much of Saturday, ING’s Romanian customers could not access their money. The bank said the discharge of its gas-based fire suppression system had caused”unexpected” damage to […]

Instagram scam preys on bank followers

August 24th, 2016 by Mark Daly in Industry News No Comments »
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A new report suggests thousands of Instagram users are falling for a scam that targets followers of financial institutions on the image-sharing platform. So I began following Bank of America’s official account to see what would happen. Sure enough, the first message arrived in moments. “Hey are you interested ib [sic] making some extra cash.” […]

N Korea could be linked to cyber-attacks on banks, security firm says

May 27th, 2016 by Mark Daly in Industry News No Comments »
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A top cyber-security firm is investigating whether North Korea could be linked to attacks on banks in recent months. Symantec said it had evidence that the same group attempted to steal money from a bank in the Philippines, one in Vietnam and Bangladesh’s central bank. It also said the rare malware deployed was similar to […]

The UK firm that wants to give big spenders a big shock

May 19th, 2016 by Mark Daly in Industry News No Comments »
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One British firm is seeking to put the buzz back into budgeting by giving bank customers an electric shock if they overspend. Intelligent Environments has launched a platform which can link the Pavlok wristband, which delivers a 255 volt shock, to a bank account. If the funds in the account go below an agreed limit, […]

Second bank cyber-attack detected by Swift after Bangladesh raid

May 13th, 2016 by Mark Daly in Industry News No Comments »
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A cyber-attack, similar to one that saw $81m (£56m) stolen from Bangladesh’s central bank, has hit a second bank. The warning about the second attack came from Swift, which oversees the financial messaging network that underpins global money transfers. Swift said the target was a commercial bank but did not name the organisation or reveal […]

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