Tag: online banking
6 articles
Hackers Exploited Service Provider Flaw in €30M Commerzbank Heist
In a massive €30M heist, hackers exploited a vulnerability in a service provider's software, making unauthorized direct debits from Commerzbank customer accounts in 2023, but fortunately, no customers suffered financial losses. The incident highlights the risks of relying on third-party services and the importance of robust security measures.
CAF Bank Reopens Online Service After Fraud Attempt
Good news: CAF Bank has reopened its online banking service after a 10-day disruption caused by a fraud attempt, and customers can now access their accounts online. The bank's CEO, Alison Taylor, confirmed that essential work with technology partners is complete, and an investigation into the incident is ongoing.
CAF Bank Outage Persists, Charities Struggle with Disrupted Payments
Thousands of UK charities are still reeling from a week-long online banking outage at CAF Bank, with £1.45 billion in customer deposits stuck in limbo and no end in sight for a resolution. The disruption has left 14,000 charity customers scrambling to manage their day-to-day transactions.
CAF Bank Halts Online Services Over Security Vulnerability
Thousands of charities are facing disruption to their online accounts and payroll services after CAF Bank temporarily halted its online banking services due to a newly discovered security vulnerability. The suspension, which began on July 24, will remain in place until the issue is resolved.
CAF Bank Halts Online Services Over Third-Party Software Vulnerability
CAF Bank has temporarily halted its online banking service due to a third-party software vulnerability, and customers are being supported while the issue is resolved with the help of external experts. The bank's CEO, Alison Taylor, has apologized for the disruption, assuring customers that access will be restored once the connection is secure.
CAF Bank Halts Online Services Over Third-Party Software Flaw
CAF Bank has temporarily halted its online banking service due to a third-party software flaw that led to suspicious activity on some customer accounts. The bank assures customers that core banking services remain unaffected and that no money has been lost.