Cyber crime
‘Red teams’ will test cyber-security of European financial infrastructure
Bundesbank official praises “bug bounty” programmes that pay hackers to uncover vulnerabilities
Kenya’s central bank issues new cyber security guidelines
Banks will have to report breaches within 24 hours
International organisations should lead the way for cyber defence – IMF paper
Working paper outlines holes in current cyber regulatory framework and urges firms to adopt reporting system
Tensions rise as EU payments deadline nears
Many are concerned by potential flaws in Europe's revised payment services directive
RBNZ sees no need to impose prescriptive cyber-security rules now
Head of prudential supervision at the central bank says it is looking to market discipline to ensure high standards
BoE needs to ‘raise its game’ on cyber threats – BoE’s Habgood
BoE’s Habgood praises institutions cyber security but says more can be done
PRA urges insurers to act on ‘silent cyber’ risks
Watchdog urges underwriters to embrace cross-policy stress-testing to identify exposure to claims from non-specified risks
Bank of Lithuania carries out cyber security exercise
Banks passed tests but supervisors will continue to be on alert, bank says
US regulators asked to play greater role in cyber security
Financial institutions cannot battle threats on their own, CFTC is told
Regulators told to play greater role in cyber security
Companies can’t battle threats on their own, CFTC told
Swift rolls out new cyber defences for central banks
System uses machine learning to spot patterns and anomalies
North Korea linked to Bangladesh Bank heist
North Korean IP address used in theft, claims Russian cyber-security firm; hacker group Lazarus’ fascination with financial gain “relatively new”
Danish central bank advocates specific cyber security testing
Survey shows only 50% of financial institutions specifically test their crisis response plans against cyber attacks
Researchers dig further into ‘Lazarus’ cyber attacks
“Fairly sophisticated” mechanism used to target banks and regulators
BoE to work with Anomali on cyber intelligence
Cyber security firm to work with BoE on its 'Threatstream' technology
‘Lazarus’ hackers seek fresh targets via regulator websites
Group linked to Bangladesh Bank hacks may have compromised the website of the Polish FSA
Bank of Russia sets up fintech body and gains internet-blocking powers
Central bank holds policy rate saying recent fall in prices due to “temporary” factors
Italian police arrest two over Draghi hacking allegations
Investigating official suspects wide-ranging conspiracy
US card fraud higher than in countries with chip technology – Fed study
Study finds card transactions are on the rise but cheques still important
Global crises raise need for digital financial inclusion – BIS’s Caruana
Central banks need to co-operate in face of threats, BIS chief says
Bank of Russia records decrease in fraudulent transactions
Central bank says decrease in cybecrime is a result of a new centre for monitoring cyber crime
Swift users attacked again by new malware – research
Cyber security firm finds Swift users are being attacked by a second hacking group
G7 sets out cyber security ‘building blocks’
Eight “elements” published to guide the financial sector when implementing cyber security provisions
Swift unveils software to help users detect fraud
Financial messaging service hopes new software will allow users to independently detect unusual activity