cyber attacks on banks News

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 …

Financial institutions including small banks and credit unions faced a huge spike in the number of hacking and malware attacks during the first six months of 2016, specialty insurer Beazley found in a new report. The level of hacks in …