Financial Institutions


How a botnet has stolen 36 million Euro from European bank customers

In a recently published study Versafe and Check Point Software Technologies, two software vendors, analyze the recent Eurograpper attack based on the Zeus botnet and ZitMO (Zeus in the Mobile). This attack reportedly diverted up to 36 million € by intercepting financial transactions. The…


Security in the banking world – still full of (unpleasant) surprises

I remember a conversation I had years back with the person responsible for online banking security at one of the larger banks. The conversation was about secure online banking. I learned that banks are not necessarily willing to go the maximum for security. They simply look at the risk and…


EIC 2012 Session: IT Strategies and Information Security in Banks - The Regulator´s View

Dr. Markus Held, Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) April 18, 2012 11:30


EIC 2012 Session: IAM Governance in the New Commerzbank

Dirk Venzke, Director, Commerzbank AG April 18, 2012 14:00


EIC 2012 Session: Facing the Online Threats against Retail and Banking Customers - What are the Future Perspectives?

Prof. Dr. Sachar Paulus, Senior Analyst, KuppingerCole April 18, 2012 11:00


EIC 2012 Session: Cyber Crime, Cloud, Social Media... - IS Threats for Banks are Constantly Increasing. What Should We Be Doing?

Berthold Kerl, Deutsche Bank AG April 18, 2012 10:30


EIC 2012 Keynote: Information Security Governance in Banks: Delivering Actionable Recommendation to Management

Berthold Kerl, Managing Director, Head of Information & Technology Risk Governance, Deutsche Bank AG April 18, 2012 9:30


EIC 2012 Keynote: Securing Critical Banking Infrastructures in the Age of Cyber Warfare

Dr. Waldemar Grudzien, Director, Department Retail Banking and Banking Technology, Association of German Banks April 18, 2012 9:00

Advisory Note

Advisory Note: Making critical infrastructures in finance industry fit for the age of cyber attacks - 70405

When looking at the topic of this research note, there are two major aspects to look at. One is about “critical infrastructures”; the other is about “the age of cyber attacks”. We’re looking at critical infrastructures in finance industry. However, this is at…


May 14 - 17, 2013: European Identity & Cloud Conference 2013

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Cybersecurity Awareness – Are We Doing Enough?

Cybersecurity Awareness – Are We Doing Enough?

It’s October and it means that we are having the European Cybersecurity Month again. ECSM is the European Union’s annual campaign dedicated to promoting cybersecurity among EU citizens and organizations. To be completely honest, I do not remember it being much of a thing in previous years, but apparently, in 2020, cybersecurity awareness is much more important for the European Commission and not without, ahem, a very big reason. I have always had mixed feelings about the whole [...]

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