Retailer Tesco Plc’s banking arm said on Tuesday that 2.5 million pounds ($3 million) had been stolen from 9,000 customers over the weekend in what cyber experts said was the first mass hacking of accounts at a western bank. Tesco …
Britain’s National Crime Agency (NCA) is leading a criminal inquiry into the theft of money from thousands of Tesco Bank accounts that the UK financial watchdog said was unprecedented. New cyber crime agency National Cyber Security Centre (NCSC), a government …
Tesco Bank, the lending arm of the U.K.’s biggest grocer, said it suspended online transactions after about 20,000 customers had money fraudulently taken from their accounts. About 40,000 of the bank’s 136,000 checking account holders experienced suspicious transactions over the …
SWIFT, whose messaging network is used by banks to send payment instructions worth trillions of dollars each day, said three clients were hacked over the summer and cyber attacks on banks are set to increase. The theft of $81 million …
The hacked are itching to hack back. So say a dozen security specialists and former law enforcement officials who described an intensifying and largely unspoken sense of unease inside many companies after the recent breach of Sony Corp.’s networks. U.S. …
Banks should consider cyber risk insurance to help deal with the financial fall-out from the growing threat of cyber attacks, a top U.S. regulator said on Wednesday. Bankers and officials have become more vocal lately about concerns that malicious hacks …
