Swift Will Cut Off Banks With Weak Cyber Security
The entire Swift debacle has a lot of entities in the financial world on edge. Especially Swift, the payment network connecting a lot of banks around the world, is …
Tag: Finance
Anomali Labs Evidence Hints At Lazarus Involvement In Swift Breach
June 2, 2016
Finance, News, Security, Technology
It appears there is new evidence linking the recent Swift attacks to a North Korean hacker collective. Several pieces of malware have been identified by Anomali, making them the …
Bangladesh Bank Staff Involved In Swift Heist?
The recent Swift attack against a Bangladesh bank has left a lot of people wondering how such a heist could take place to begin with. Some experts even pointed …
Swedbank Creates Digital Banking Conglomerate
After the growing number of blockchain consortiums, some institutions have taken it upon themselves to create a digital banking group. Swedbank is leading the charge in this regard, as …
Greece Government Approves New Strategy To Ban Cash
The financial situation in Greece is not improving by any means, as new regulation imposes even more restrictions. Cash purchase limits have been reduced, and significant transactions must be …
G7 Lobbies For Better Cybersecurity Solutions By October 2016
May 24, 2016
News, Security, Technology
Cybersecurity remains a major concern, and now that the G7 is getting involved in the discussion, changes may be coming very soon. Thinking this issue will go away on …
A Centralized Blockchain Solution Will Not Solve Financial Fraud
Anyone who has been paying to the financial ecosystem over the past few months will have noticed how a lot of institutions are turning to the blockchain for additional …
Ecuador Bank Claims To Have Suffered From A SWIFT Breach In 2015
The SWIFT story is far from over, as yet another bank says they have lost funds during the 2015 attack. A bank in Ecuador claims they have been attacked …
Kenya’s Daily Nation Article Sees Bitcoin As A Cash Replacement
It is not the first time Bitcoin is mentioned in the Kenyan media as of late, although this new article sounds a lot more confident than the first one. …