HSBC has restored its online banking services after a distributed denial of service(DDoS)attack. HSBC said servers had come under a DDoS attack which affected HSBC websites around the world. The DDoS attack on HSBC did not affect any ...
Tags: HSBC, online banking services, distributed denial of service attack
Bank of Scotland, part of the Lloyds Banking Group, has been fined £4.2m by the Financial Services Authority (FSA) for failing to keep accurate records of the mortgage payments of 250,000 Halifax customers. The blunder, which ...
Tags: Bank of Scotland, Lloyds Banking, FSA, Tracey McDermott
Bank of Scotland,part of the Lloyds Banking Group,has been finedGBP4.2m by the Financial Services Authority(FSA)for failing to keep accurate records of the mortgage payments of 250,000 Halifax customers. The blunder,which persisted from ...
Tags: Bank of Scotland, Financial Services Authority, mortgage records system
The number of customers making payments with their mobile phones is estimated to grow to 17 billion transactions in 2013. This compares with 141 million in 2011, according to research from Capgemini, RBS and retail association Efma. ...
Tags: Computer Products, Electronics, Transactions
Some Lloyds TSB customers have been unable to get money from ATMs or use online customer services as a result of a system problem. Twitter account said: "We're sorry that customers are experiencing problems with some of our services, ...
Tags: Lloyds, System Error, ATM Problems, ASAP
Dutch insurer ING has decided to offload all of its 54 million shares in Capital One Financial, a US based financial holding company, after disposing its US online banking unit earlier this year. The deal will be carried out at current ...
Tags: ING, Capital One, financial holding company
Scientists from the University of Bristol have developed a quantum silicon chip that they say guarantees"absolute security"for computers and smartphones.The technology could be available commercially in less than five years. Unlike ...
Tags: IBM, Security, Physics, Quantum Silicon Chip
Malware is able to infect other malware and in some cases make it easier for anti-virus software to detect,an incident response investigation by data-security firm Trustwave Spiderslabs has discovered. The research looked at two pieces of ...
Tags: malware, data security, Trustwave Spiderslabs, Trojan, virus
A new virus potentially from the same group that developed Stuxnet, Duqu and Flame has been uncovered by anti-virus software vendor Kaspersky Labs. Called 'Gauss', the malware 'spies' on financial transactions, according to the company, ...
Tags: Kaspersky Labs, Financial, Malware
NatWest has admitted the outage it suffered on Thursday 26 July was down caused by a hardware failure in one of its datacentres. The error hit customers around 3pm, leaving them with no access to online banking and unable to use debit ...
Tags: NatWest, hardware, datacentres, online banking, debit cards
Bank of America topped a list of 23 large or regional banks to be named the best in online customer experience best practices in consumer banking by Keynote Competitive Research. Additionally, Keynote said BB&T ranked number one in a bank ...
Tags: Financial IT, US, Bank of America, consumer banking
Barclays has launched a mobile banking app with similar functionality to its full online banking platform. It follows the mass adoption of its Pingit app, which allows users to make and receive payments with just a mobile number. The ...
Tags: Barclays, online banking platform, mobile app, mobile banking app
Smartphones running Google's Android operating system(OS)have been hijacked by a botnet,according to a Microsoft researcher. Researcher Terry Zink said he had come across spam being sent from Yahoo e-mail servers by Android ...
Tags: Smartphones, Google's Android OS, Microsoft researcher, botnet
A construction company in Maine may stand a greater chance of recovering some of the $345,000 it lost in fraudulent wire transfers that it blames on poor online banking practices of its bank. Patco Construction Company, based in Sanford, ...
Tags: online banking, transfer system, financial institutions, online security
A software malfunction is to blame for making RBS and NatWest services unavailable to customers, Computer Weekly understands. A source close to the situation confirmed it was a software problem that led to two days of downtime at the RBS ...
Tags: RBS, NatWest, Online Banking, software malfunction, software problem