Banks
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Hackers are impersonating banks to infect your Android phone with credit card-stealing malware
Hackers love using malware to go after your credit card details but a new malware-as-a-service platform makes it incredibly easy for them to use these stolen cards in person at stores and even at ATMs. As reported by BleepingComputer, SuperCard X is the platform in question and it’s currently being used to target the best Android phones via NFC relay…
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Banks are persisting with the ‘patch and upgrade’ approach to legacy systems – and it’s swallowing up IT budgets
Banks are spending a staggering 70% of their budgets on maintaining outdated legacy systems, with many using an expensive ‘patch and upgrade’ approach. According to research from RS2, this strategy is soaking up resources, placing significant strain on IT workers, and holding back digital transformation goals across the sector. RS2 said the traditional strategy of patch and upgrade – simply…
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6 Best Banks for Small Business Loans in 2025
The best banks for small business loans offer competitive loan options along with essential services like checking accounts, merchant services, and business credit cards. This guide highlights top banks and covers their loan offerings, banking products, and additional services, whether you need short-term working capital, long-term real estate loans, or a business line of credit. Here’s a breakdown of the…
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AI-created disinformation could bring down banks – Computerworld
A new report by UK analyst firm Say No to Disinfo and communications firm Fenimore Harper indicates a high risk that AI-generated disinformation could create bank runs that could bring down financial institutions, according to Reuters. In an experiment, a number of UK customers were shown AI-generated rumors about their bank. Afterwards, a third said they were “very likely” to…
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Best No ChexSystems Banks for Business Accounts
A negative ChexSystems report can make getting approved for a business account challenging and it may take up to five years for the record to be removed. While you’re working to resolve issues on your ChexSystems report, you can apply for a business account with one of the providers on our list of the best business accounts that do not…
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7 Best Banks for Real Estate Investors Evaluated for 2025
The best banks for real estate investors provide banking accounts designed to streamline rental property operations. These banks offer business software integrations and low banking fees to help maximize profits from property investments. Additionally, they provide access to commercial real estate (CRE) lending solutions and include valuable features such as rent collection and cash flow management tools. Here is a…
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The 6 Best Crypto-Friendly Banks Evaluated for 2025
Best overall crypto-friendly bank: Mercury Mercury is a fintech company, not an FDIC-insured bank. Banking services provided by Choice Financial Group and Evolve Bank & Trust ®️; Members FDIC. Deposit insurance covers the failure of an insured bank. Best bank for institutional investors seeking a cryptocurrency custodian: U.S. Bank Member FDIC. Best traditional bank with a blockchain platform: Chase Member…
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Nearly all of the top US banks were impacted by third party breaches last year
Virtually all of the top 100 US banks were hit by third party data breaches last year, including every one of the top ten. Research from SecurityScorecard found 97% of firms reported third-party breaches across the year, although only 6% of vendors were compromised. A similar number also suffered fourth-party breaches, traced back to just 2% of vendors. Ryan Sherstobitoff,…
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UK banks weathered the storm of cyber threats in 2024 – here’s why
Large, regulated financial institutions have seen a major drop in the number of cyber attacks over the last year, following moves by the Financial Conduct Authority (FCA) to tighten regulations around operational resilience. According to data obtained by Hack The Box via Freedom of Information (FOI) requests, the FCA received 101 incident notifications from regulated firms between January 1 and…
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Do banks refund scammed money?
“Your bank account has been drained.” These five words can stop your heart. Last year, Americans lost a staggering $8.8 billion to scammers and many victims asked the same desperate question: “Will I ever see that money again?” The answer isn’t simple. While banks refunded $4.2 billion in fraud losses during 2023, getting your money back often depends on the…
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