Consumer group Which? has accused the UK's Payment System Regulator (PSR) of letting banks off the hook by not forcing them to reimburse customers who fall victim to online money transfer scams.
A wave of Distributed Denial of Service (DDoS) attacks have been used as cover for the plunder of millions of dollars in fraudulent wire transfers at three US banks in recent months, according to a Gartner analyst.
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In the latest round of attacks, Hacktivist group Anonymous claims to have leaked the names, addresses and other personal information on around 4,000 bank executives.
A Commodity Futures Trading Commission (CFTC) staffer fell for a phishing scam last month, putting the regulator's employees' personal information at risk.
Russian police have arrested eight men in connection with a cybercrime ring that used the malicious carberp trojan to loot millions of pounds from online bank accounts across the country and worldwide.