Sunday , April 14 2024

Bank

Boost Bank and AEON Bank
Two new digital banks start operations in Malaysia

The central bank of Malaysia, Bank Negara, has approved two more digital banks to begin operations. The two banks are Boost Bank, a collaboration between fintech company Boost and RHB Banking Group, and AEON Bank, a subsidiary of AEON Financial Service. In 2022, Bank Negara granted digital banking licenses to …

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European Central Bank (ECB) has announced
ECB to test over 100 European banks cyber resiliency

Eurpian banks

The European Central Bank (ECB) will test over 100 European banks on their ability to respond to and recover from cyber-attacks. The European Union’s central bank will perform its first cyber resilience stress test on 109 banks under its supervision in 2024. The test will evaluate the banks’ capacity to …

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Web injections back
40+ banks affected by new malware campaign

malware

IBM Security Trusteer researchers found a new malware campaign using JavaScript web injections in March 2023. It’s widespread and evasive, with historical Indicators of Compromise (IOCs) suggesting a possible link to DanaBot. ALSO READ: Chrome adds background scans for compromised passwords Web injections, a technique used by banking trojans, are …

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ACC file cased
3 crore embezzled from 46 accounts of Midland Bank

Midland bank logo

The Anti-Corruption Commission (ACC) has filed a case against 7 officials including a branch manager of Midland Bank for embezzling Tk 3 crore from 46 customers through fraud and deception according to local media house. On Thursday (December 21), ACC’s Gazipur district office said the assistant director of the organization …

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5 Islamic banks risk of being frozen out of certain transactions

Banks

Five Islamic banks current accounts with Bangladesh Bank are negative, but transactions are ongoing. The central bank has warned that unless the banks meet liquidity requirements within 20 days, transactions will be halted, reported Prothom Alo. According to Three prominent media reports Bangladesh Bank’s Motijheel office has recently given this …

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