An electrical fire on Sunday at a data center of the New York Stock Exchange in Mahwah, New Jersey, affected communications connectivity to 58 trading firms, but the exchange expects "completely normal operations" for Monday's market open.
Researchers from browser security vendor Trusteer have identified a new variant of the SpyEye financial Trojan that tricks online banking users into changing the phone numbers associated with their accounts.
Online banking fraud losses in the U.K. fell 32 percent in the first half of the year, according to figures from U.K. banks released on Wednesday. The decline is due to the increased use of fraud detection software by banks, an industry group said.
Google Wallet has run into technical glitches, although the extent of the problems is not clear.
MasterCard on Thursday gave a sneak peek into the near future of mobile payment systems and said that the Google Wallet application is within weeks of being rolled out commercially.
PayPal has unveiled a mobile payment initiative for shoppers that doesn't require near-field communication (NFC) technology inside smartphones.
U.S. government agencies are getting better at sharing information about cyberattacks with private companies, but cybercrime shows no signs of slowing down, cybersecurity experts told lawmakers Wednesday.
Vacationland Vendors, a company that supplies vending machines and games to entertainment venues, has disclosed a data breach affecting about 40,000 people who visited waterpark resorts in Wisconsin and Tennessee between December 2008 and May 2011.
Hong Kong police have arrested a local man in connection with an <a href="http://www.cw.com.hk/content/hong-kong-exchange-website-might-be-hacked">Aug. 10 computer attack on the Hong Kong Stock Exchange</a>.
Firefox users may have experienced problems accessing JPMorgan Chase's website chase.com today when the bank experienced problems with an outdated security certificate.
When it comes to the fast-moving business of trading stocks, bonds and derivatives, the world's financial exchanges are finding an ally in Linux, at least according to one Linux kernel developer working in that industry.
Verizon Wireless and American Express will integrate the Serve online payment system over mobile phones and tablets in coming months, the two companies announced Monday.
JP Morgan is now able to run risk analysis and price its global credit portfolio in near real-time after implementing application-led, High Performance Computing (HPC) capabilities developed by Maxeler Technologies.
For a few hours on Thursday, credit card donations once again flowed to WikiLeaks through a payment gateway at Icelandic hosting company DataCell. Then Visa shut it down again.
Citigroup suffered about US$2.7 million in losses after hackers found a way to steal credit card numbers from its website and post fraudulent charges.
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