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Archive for the ‘Banks’ Category

Banks want more ID from customers

Wednesday, May 15th, 2013

Bank customers are being asked for more forms of identification as part of a global crackdown on money laundering and terrorism.

The Bankers Association said customers will find the new checks frustrating and is urging them to remember why they’re in place.

From the end of next month, the Anti-Money Laundering and Countering Financing of Terrorism Act 2009 is implemented and all banks will be obliged to check customers’ identity and in some cases their account activity.

http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=10883710

Posted in Banks | No Comments »

East European ATM skimmers active in Auckland as 2 more convicted in Wellington

Thursday, May 2nd, 2013

Police are hunting two Eastern European men believed be trying to skim credit cards in Auckland.

They are believed to have targeted an ATM in Queen St last month, but their plan was thwarted by a customer who contacted the police.

Details of the scam were revealed yesterday, on the same day that two Romanians were convicted of trying to set up a similar fraud in Wellington.

http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=10881006

Posted in Banks, New Zealand | No Comments »

North suspected in cyber attack on South Korea

Thursday, March 21st, 2013

A cyberattack caused computer networks at major South Korean banks and top TV broadcasters to crash simultaneously, paralysing bank machines across the country and prompting speculation of North Korean involvement.

http://www.nzherald.co.nz/technology/news/article.cfm?c_id=5&objectid=10872628

Posted in Asia Pacific, Banks, Cyber warfare, Information Security | No Comments »

Crims change tactics – robbing banks goes electronic

Thursday, February 7th, 2013

The recent surge in cybercrime comes with a silver lining: Bank robberies are plummeting, as criminals seem to wise up to the fact that heists just don’t pay like they used to.

http://professional.wsj.com/article/SB10001424127887323926104578274541161239474.html?mg=reno64-wsj

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More than two-thirds of banks have suffered DDOS attack in past 12 months

Wednesday, January 23rd, 2013

More than two-thirds of banks have suffered at least one Distributed Denial of Service attack in the past 12 months, according to independent research conducted by the US-based Ponemon Institute.

http://www.ft.com/intl/cms/s/0/e8574b94-64d3-11e2-ac53-00144feab49a.html#axzz2IkDOWV4L

Posted in Banks, Information Security | No Comments »

Massive cyberattack planned on 30 US banks

Friday, December 14th, 2012

Security firm McAfee on Thursday released a report warning that a massive cyberattack on 30 U.S. banks has been planned, with the goal of stealing millions of dollars from consumers’ bank accounts.

http://money.cnn.com/2012/12/13/technology/security/bank-cyberattack-blitzkrieg/

Posted in Banks, Information Security, USA | No Comments »

Banker charged with $1 million fraud

Wednesday, December 5th, 2012

An Auckland banker has been charged with stealing nearly $1 million from his clients.

Graeme Malcolm Cooper has been arrested and charged with 41 criminal offences, including the access of a computer system, use of documents for a pecuniary advantage and money laundering.

The 49-year-old was a personal manager for National Bank, where police allege Cooper shifted money belonging to clients into an account he created under a fictitious name.

http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=10852020

Posted in Banks, Fraud, New Zealand | No Comments »

“Brave or stupid” security officer foils armed hold-up

Friday, November 30th, 2012

With a gun pointed in his face, a security guard swung a bag containing about $200,000 into an armoured vehicle yesterday, leaving the would-be thieves empty-handed.

About 1.45pm two hooded men ran up to an ACM security guard moving money from the Westpac bank branch on Dominion Rd in Auckland’s Mt Eden and threatened him with a shotgun.

A witness said instead of handing over the money, the guard threw it into the hold in his armoured car.

http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=10850919

Posted in Armed Offences, Banks, Cash Transit, New Zealand, Officer safety | No Comments »

Card and cash traps emerge as new ATM threats in Europe

Wednesday, November 21st, 2012

Security experts with the European ATM Security Team (EAST) say five countries in the region this year have reported card trapping incidents. Such attacks involve devices that fit over the card acceptance slot and include a razor-edged spring trap that prevents the customer’s card from being ejected from the ATM when the transaction is completed.

http://krebsonsecurity.com/2012/11/beware-card-and-cash-trapping-at-the-atm/

Posted in Banks | No Comments »