MERRIFIELD, Va.—Krebs on Security is reporting that the head of a Russian hacking group, along with six other individuals, has been sentenced to seven years in prison.
Fresh Today
TACOMA, Wash.–Following two years of research, discussion and work, TAPCO Credit Union has introduced a new tagline: “For the Love of People.”
SEATAC, Wash./TIGARD, Ore.– Eleven schools across the Northwest will participate in simultaneous “Financial Reality Fairs” today thanks to an equal number of sponsoring credit unions.
SEOUL, South Korea—Two more major banks have signed on with Samsung Pay.
TOKYO—Japan will begin testing this summer on a system that would allow tourists to conduct credit card and ATM transactions using only their fingerprint.
ARLINGTON, Va.--In advance of the House Small Business Committee hearing today on cybersecurity, NAFCU sent a letter to the Committee sharing its concerns over retailer data security standards.
ARMONK, N.Y.—A new hybrid Trojan has managed to steal $4 million from financial institutions—with CUs being a primary target—since it was first discovered just over two weeks ago, according to IBM X-Force Research.
NEW YORK–Phishing/hacking/malware was the cause of 31% of data security incidents during 2015, revealing a shift from 2014 when human error was the leading cause, according to the second annual BakerHostetler Data Security Incident Response Report.
WASHINGTON—CUNA is backing a U.S. Senate bill that would limit federal banking regulators’ ability to restrict depository institutions from entering into or maintaining a relationship with specific customers unless certain criteria are met.
EASLEY, S.C.–Crimes related to the now-defunct Taupa Lithuanian Credit Union continue to be felt three years later and several states away from its Cleveland headquarters.