Library / Global Risks & Events / Banking and communications

Banking and communications

Banking, telecom, payments, internet, and systems people rely on every day.

38 EXPLAINERS · IN GLOBAL RISKS & EVENTS

Recent in Banking and communications
BANKING AND COMMUNICATIONS / 3 MIN

Brazil bank cyberattacks lock out customers and stall payments across cities

Cyberattacks exploit stolen credentials to lock banks out of payment processing software platforms

BANKING AND COMMUNICATIONS / 3 MIN

Cyberattacks squeeze Brazil’s banking system and stall online payments during peak hours

Digital payment gateways hit peak hour capacity first, causing visible stalls and payment retries nationwide

BANKING AND COMMUNICATIONS / 3 MIN

London cyberattacks squeeze bank networks and slow everyday payments

Cyberattacks create bottlenecks where international payment channels meet domestic clearing systems

BANKING AND COMMUNICATIONS / 3 MIN

London cyberattacks stall online payments and freeze small business cash flow

Small businesses in London face immediate cash shortages when digital payment systems stall from cyberattacks

BANKING AND COMMUNICATIONS / 3 MIN

Ransomware attacks squeeze South Korean banks and delay millions of digital transactions

Ransomware encrypts transaction approval servers, forcing banks to isolate and halt digital payments

BANKING AND COMMUNICATIONS / 3 MIN

Cyberattacks squeeze European banks’ systems leaving customers locked out

Denial-of-service attacks first overwhelm real-time payment authorization and customer login systems

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