U.S. officials recently warned financial institutions that unprecedented cyberattacks on a global interbank messaging platform could be repeated on a grand scale, leading to billions of dollars of losses and choking off global payments.
The European Union Agency for Law Enforcement Cooperation announced that the leader of a criminal group responsible for malware attacks targeting over a 100 financial institutions and causing over €1 billion worldwide has been arrested in Alicante, Spain.
March 26, 2018