Bank of America illegally copied US$300 million worth of Tibco's enterprise software for use in a massive IT project at its Merrill Lynch subsidiary, Tibco alleges in a lawsuit.
The U.S. Department of Justice has brought charges against nine alleged members of a criminal organization that distributed the Zeus Trojan used to steal millions of dollars from bank accounts nationwide.
Serial entrepreneur Steve Kirsch's latest venture, Cointrust, is creating technology he says can turn Bitcoin into a mass-market currency.
Bank of America blamed a data breach on another company that revealed internal emails related to monitoring of hacktivist groups including Anonymous.
MacroSolve, an Oklahoma company focused on enforcing its patents, has added Sears to a growing list of companies it has targeted with patent infringement lawsuits, it said Wednesday.
Some of the distributed denial-of-service (DDoS) attacks that targeted the websites of U.S. financial institutions this week have peaked at 60 Gbps, according to researchers from DDoS mitigation provider Arbor Networks.
Bank of America will extend its mobile payments service to small retailers in December, allowing them to use smartphones and tablets as point-of-sale terminals.
Mitek Systems' Mobile Capture imaging software has long allowed banks to offer customers mobile banking capabilities. Now the company is turning the technology toward the health care and insurance industries as well.
Three top U.S. banks are collaborating on a service that will allow the transfer of funds by simply logging in to a personal online bank account and entering the name and mobile phone number of the person receiving the money.
A Bank of America insider who sold customer data to criminals cost the bank at least US$10 million in losses.
The group of online activists known as "Anonymous" has released a batch of e-mail concerning Bank of America that was given to the group by a whistleblower who worked for a related mortgage and vehicle loan insurer.
Bank of America (BofA) has said that a "routine systems change" had caused its online banking service to go offline on Friday - not a Wikileaks attack.
Bank of America has assembled a 15- to 20-person team to come up with a damage control plan in the event Wikileaks follows through on its promise to release thousands of insider documents leaked to it, according to reports.
Apple yesterday pulled an iPhone app from the App Store that let users read secret U.S. diplomatic cables published by WikiLeaks and follow the controversial organization's Twitter feed.
Bank of America has joined the growing list of financial and technology companies that have cut off services to WikiLeaks, a move that comes amid speculation that the whistleblower site is preparing to release information about the bank.
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