Banking Archive

A second hacker group is targeting SWIFT bank system users with malware, Symantec warns

A second hacker group is targeting SWIFT bank system users with malware, Symantec warns / Boing Boing Cybersecurity firm Symantec said today a second hacking group has been trying to rob banks with phony SWIFT messages. That same method nabbed $81 million in a high-profile attack on the central bank of Bangladesh earlier this year. Jim Finkle at Reuters reports: Symantec said that …

Hong Kong unveils a digital hub to boost fintech startups and innovation

Hong Kong is making a move to challenge Singapore and others as the dominant location for fintech in Asia after the Hong Kong Monetary Authority (HKMA) unveiled a hub and new allowances to spur innovation. Speaking at an event today — first noted by Bloomberg — HKMA CEO Norman Chan announced plans for a ‘fintech innovation hub’ where new financial products and services can be tested and trialled away …