Tag: Bank

Capital One Refuses to Let Customers Buy Cryptocurrency From Any Exchange

Various banks all over the world prevent their customers from buying or selling cryptocurrency. That is not a positive development, as people should be free to spend their money as they please. Unfortunately, that is not how the world works right now. Capital One is the latest bank on a growing list of banks blocking cryptocurrency-related transactions. Various complaints can be found across all of social media as we speak. Capital …
[Read More]

Russian Officials Arrest 16 Members of Notorious Cron Cybercrime Gang

It seems as if government officials made a few major arrests related to a notorious Russian cyber gang. The group, known as “Cron”, successfully managed to raid bank accounts. Authorities have apparently arrested 16 individuals with close ties to this cybercrime group. Attacking banks in one’s native country may not be the best course of action to remain undetected, that much is evident. Cron Cybercrime Gang Is On The Radar Cybercrime …
[Read More]

HSBC’s Voice Recognition Security can be Bypassed With Relative Ease

It is not entirely surprising to learn voice recognition is not necessarily a secure system. HSBC Bank found this out the hard way, as a BBC reporter was successfully able to bypass this security measure altogether. All of this goes to show voice ID authentication for banking services is not the best approach by any means. BBC Reporter Tricks HSBC Voice Recognition Authentication It has to be said, these are …
[Read More]

Top 4 Bank Accounting Errors

Over the past few years, there have been a number of mistakes made by banks and other financial institutions. A lot of people dream of receiving a large sum of money in their bank account for no reason. Some people have been rather fortunate in this regard, even though this money had to be returned in every case. Bank accounting errors are far more common than most people realize. #4 …
[Read More]