Browsing: Banks
Key insight: The suspect allegedly supported “Project DDoSia,” a crowdsourced, gamified botnet that pays volunteers in cryptocurrency to overwhelm target…
Supporting data: Since January 2025, the FBI has logged over 5,100 complaints of account takeover fraud, resulting in losses exceeding…
Key insight: Financial institutions paid more in ransom to cybercriminals than any other sector, accounting for $365.6 million across 432…
Key Insight: A nonprofit called Greater NY is pairing private sector analysts with public sector organizations that need their help.Supporting…
Supporting data: At least 70 financial institutions and an estimated 400,000 consumers were affected by the ransomware attack on the…
Key insights: A group of European banks are teaming to issue a euro-backed stablecoin. What’s at stake: Most current stablecoins are…
The debate over the “macro” questions about crypto in the U.S. has been largely settled. We’re now entering a “micro”…
Key insight: Banks are seeking scale by inking merger agreements, despite investor concerns about tangible book value dilution.What’s at stake:…
Forward look: Bank of Marin’s bond sale will result in a fourth-quarter loss, but should significantly enhance profitability going forward,…
Key insight: GOP lawmakers want bank regulators to further tailor prudential rules.What’s at stake: They say that the rules put…