American banks are under attack. Both the enemy’s weapon of choice and its target is the Internet, which is a headache for …
hacking
Proof That Many Hackers — Call Them the Anti-Zuckerbergs — Value Freedom More Than Money
In the 1987 movie Wall Street, the character Gordon Gekko famously declared that “greed is good,” a line that has come to symbolize the darkest aspects of materialism. But the latest research from Wharton management professor …
Discover Brings Back Single-Use Account Numbers
After discontinuing a security feature that let cardholders generate a one-time use number for transactions last month, Discover Financial Services did an about-face and reinstated its Secure Online Account Numbers program.
Was Bank of America Hacked?
Seven days after Bank of America instituted a hugely unpopular $5 fee for debit card use and six days into widespread reports from customers about error messages, slow service and other problems accessing the home page or other …
Could Your Credit Card Information be Hacked?
If you think the British tabloid phone-hacking scandal has nothing to do with your personal financial information, think again. A consumer advocate savvy in high-tech financial security discovered that similar tricks used by hackers to break into people’s voicemail accounts could also be exploited to gain access to confidential credit …
Citi Data Breach: Are Hackers Getting Smarter?
It’s been a rough week for the banks. First, the Senate votes to go ahead with the debit fee cap that kicks in next month, then the Financial Times reports that hackers successfully broke into Citigroup’s North American card …
