North Korean hackers targeting global financial institutions: U.S. Govt cyber alert

In a significant development, the U.S. government has issued a warning saying, North Korean hackers are increasingly targeting banks around the globe for fraudulent money transfers; they are also targeting ATMs to illegally withdraw cash. The technical cyber security alert was jointly given by four different federal agencies, including the Treasury Department and FBI. They…

Bank of England to test resilience of Britain’s financial system to a major cyber attack

Bank of England along with the finance ministry and the Financial Conduct Authority are slated to run a test today to gauge the resilience of the country’s financial sector against a major cyber attack. Britain’s central bank has disclosed, it will carry out a test on Friday to gauge the ability of the financial sector…