Banks, like other businesses, are taking precautions to make customers feel safe during the COVID-19 pandemic. Placing physical distancing markers on the floor, sanitizing ATMs, installing plexiglass partitions at teller booths and requiring scheduled appointments are just some of the ways financial institutions are mitigating risks for customers. Video surveillance can play a vitally important role right now, as banks look to ensure compliance with these new COVID-related safety measures. IP cameras with intelligent security analytics can help rapidly and accurately detect compliance issues, as well as other suspicious or atypical behavior. After all, banks must continue to monitor physical security even throughout the pandemic and today’s IP cameras with intelligent system-on-chip (SoC) technology can help lessen this burden with highly accurate notifications.

ESET researchers explored Mekotio, a banking trojan targeting Spanish- and Portuguese-speaking countries: mainly Brazil, Chile, Mexico, Spain, Peru and Portugal. Mekotio boasts several typical backdoor activities, including taking screenshots, restarting affected machines, restricting access to legitimate banking websites, and, in some variants, even stealing bitcoins and exfiltrating credentials stored by the Google Chrome browser.

Investar Bank recently hired Darryl Bercegeay as its Chief Information Security Officer (CISO) and Senior Vice President.

Monzo, an UK digital bank, admits to a data breach that affects more than 500,000 customers.