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TrickBot Banking Trojan Has Security Researchers Concerned

JP Buntinx November 9, 2016 Finance, News, Technology
TrickBot Banking Trojan
Banking Trojans are a significant economic threat. Not only can they target individual users, but they can also cause extensive damage to entire corporate networks. TrickBot, a new banking …
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Zimbabweans Sleep Outside Bank Branches To Withdraw Money From Savings Accounts

JP Buntinx November 9, 2016 Finance, News
TheMerkle_Zimbabwe Bank Withdrawals
The financial situation in Zimbabwe is getting out of hand rather quickly. Things have gotten so dire that bank customers are sleeping on the streets, close to the office …
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Financial Markets Crash and Bitcoin Soars As Donald Trump Becomes 45th US President

JP Buntinx November 9, 2016 Crypto, Finance, News
TheMerkle_Trump president Bitcoin Soars
Now that the US Presidential elections are behind us, it is time to look at the collateral damage. Financial markets all over the world are taking a beating, as …
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Tesco Bank Refunds £2.5m In Stolen Funds To Its Customers

JP Buntinx November 9, 2016 Finance, News
TheMerkle_Tesco Bank Refund
More and more details are becoming available related to the Tesco Bank hack a few days ago. With thousands of customers affected, it became apparent that this is not …
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Bangladesh Central Bank Heist Update: US$15m of Stolen Funds Will Be Returned

JP Buntinx November 9, 2016 Finance, News
TheMerkle_Bangladesh Heist Update
Quite a few people will remember the Bangladesh heist, which took place a few months ago. During this attack against a Swift-connected bank, roughly US$81m was stolen by cyber …
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US Presidential Election Should Fear Non-Voters More Than Cyber Attacks, Experts Say

JP Buntinx November 8, 2016 News, Security
TheMerkle_US Presidential ElectionsThreat
With the US Presidential elections taking place today, there are some concerns over hacking attempts and other cybersecurity threats. If the vote were to be disrupted, chaos would ensue, …
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Criminals Can Easily Execute DDoS Attacks Against 4G and LTE Networks

JP Buntinx November 8, 2016 News, Security, Technology
TheMerkle_4G LTE DDoS
During the recent Mirai botnet attack, it became evident that critical internet infrastructure is subject to DDoS attacks. It looks, however, as if 4G connectivity can suffer from a …
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Digital Banking Requires Better Technological Standards Rather Than Increased Regulation

JP Buntinx November 8, 2016 Finance, News
TheMerkle_Digital banking Technology Regulation
Consumers around the world are slowly gravitating towards digital banking. As this concept gains more mainstream traction, the question becomes whether or not there is a need for additional …
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Tesco Bank Confirms They Know What Caused Theft of Customer Funds

JP Buntinx November 8, 2016 Finance, News
TheMerkle_Tesco Bank Theft
Big news was made by Tesco Bank earlier this week, as over 20,000 customers were affected by the theft of funds. As it turns out, the Company’s upper brass …
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