Banking in Brief
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Our archives on DDoS
New transaction signing token will cost six largest Singapore banks more than $50m
Date: Dec 20, 2012Banks are convinced that commercial risk-reward trade-offs and customer inconvenience do not fully justify the new transaction signing token for e-banking.
Categories: Internet Banking, Operational Risk & Security, Regulation, Retail Banking, Retail Payments, Risk and Regulation, Technology & Operations
Keywords: Man in the Middle Attack, DDoS, HKMA, MAS, NAF, Assurity, HSBC, 2FA, Standard Chartered Bank, RHB, Assurity
US banks must heighten defences against cyber threats
Date: Sep 27, 2012FS-ISAC raises cyber threat level as BofA, JPMorgan, and Wells Fargo experience recent network disruption linked to cyber-attack claims in the US.
Author: Magessan Raj
Categories: Data & Analytics, Operational Risk & Security, Risk & Performance, Technology & Operations
Keywords: Wells Fargo, BofA, JPMorgan, CrowdStrike, Dmitri Alperovitch, NYSE, Joseph Lieberman, FS-ISAC, DDoS
Asian banks need to allocate sufficient funds to combat DDoS attacks
Date: Jul 23, 2012With rapid adoption of broadband connectivity, banks across the region may experience increased DDoS attacks, targeting banks’ networks and online banking capabilities.
Author: Carol Wheatcroft
Categories: Operational Risk & Security, Technology & Operations
Keywords: DDoS, Cyber Security, Arbor Networks, Jose Nazario, Zeus, Trojan, MAS, ISP