Read up on all the latest trends in banking regulations on the Octopusblog including rundowns on the Equifax breach, vulnerabilities of the SS7 system, and how changes in banking laws effect your online account security.

The Equifax Breach: How it Went Down

Weeks after the cover was blown about the Equifax breach, the incident has become established as one of the biggest and most detrimental attacks on online consumers ever. The actual volume of data exposed aside, what makes the Equifax hack so bad is not only the highly sensitive nature of the information, but that recovery and mitigation of the damage is [...]

A Close Look at SWIFT’s Wire Transfer Authentication Practices

Published on International Banker by June 20, 2017, by Raz Rafaeli  In February 2016, hackers heisted $81 million from the Bangladesh Bank, cleverly stealing the money via the transfer system of the Society for Worldwide Interbank Financial Telecommunication, commonly referred to as SWIFT. Via a series of subterfuges and with the right timing (scheduling the thefts for a weekend, when staff [...]