European Banking Scandal Reveals Cyber Criminals On the Loose

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The National Bank of Ukraine has issued a letter to all of its branches alerting them to a sharp rise in financial cyber crime, after the nation’s cyber security service identified a widespread gap in the awareness and precautions taken by local banks. [eventpdf] Data security failure Sluzhba Bezpeky Ukrayiny (SBU) is tasked with defending the country and its government officials from various threats, including that of terrorism, drug trafficking and cybercrime. The alert...

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