Chinese bank requires foreign firm to install app with covert backdoor

“A large, multinational technology company got a nasty surprise recently as it was expanding its operations to China. The software a local bank required the company to install so it could pay local taxes contained an advanced backdoor.”

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JPMorgan Chase Hack Affects 76 Million Households

“Updated, 9:03 p.m. | A cyberattack this summer on JPMorgan Chase compromised the accounts of 76 million households and seven million small businesses, a tally that dwarfs previous estimates by the bank and puts the intrusion among the largest ever.”

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T-Mobile doesn’t just want to be your carrier, now it wants to be your bank

“T-Mobile has been playing “bank” for some time now with its 24-month financing of devices, and now it wants to expand that reach to purchases and customers of all kinds. “Mobile Money” is a new initiative from T-Mobile to help with the struggles of banking in the U.S.”

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