Global banks tighten security in Gulf hubs after new Iran threat
Precautionary moves by global lenders highlight growing concern that regional tensions could disrupt banking operations in the Gulf, as Iran is signalling that it may diversify its attacks. [Continue Reading]
Lloyds Bank, Halifax, and Bank of Scotland users experience security lapse exposing sensitive financial information
In a troubling incident early Thursday, customers of Lloyds Bank, Halifax, and Bank of Scotland experienced a significant security lapse, gaining unintended access to the financial information and transaction histories of other users. The alarming glitch, reported between 10 AM and 11 AM, allowed individuals to view sensitive details, including recent purchases and National Insurance numbers, affecting user confidence in these widely-utilised apps. The issue arose when users attempted to log in to their respective banking apps, leading to unexpected visibility of account details belonging to others. In some cases, individuals reported seeing the accounts of multiple users. One Bank... [Continue Reading]
Customers of three UK banks report being able to see other people’s accounts on app
Information Commissioner’s Office made aware of incident affecting Lloyd’s, Halifax and Bank of ScotlandThe UK information regulator is examining an IT glitch that enabled some customers of Lloyds, Halifax and Bank of Scotland to see other users’ transactions when they logged into their banking app.The Information Commissioner’s Office (ICO) said it was “aware of an incident affecting some online banking services” and that it would make inquiries. Continue reading... [Continue Reading]
Lloyds, Bank of Scotland and Halifax apps showing customers other users' transactions
The Lloyds Banking Group customers reported being able to view payments and charges from other sources. [Continue Reading]
Southeast Asia faces spillover cyber risk from Iran war as ‘blast radius’ widens
Southeast Asia is facing a growing cyber spillover risk from the widening US-Israel war with Iran, with security experts warning that state-linked hackers and criminal groups are seeking to exploit turmoil around energy, shipping and banking networks to hit targets far beyond the Middle East. The assessment comes as Iran said it would target economic and banking interests linked to the United States and Israel in the region after an attack on an Iranian bank, while the United Arab Emirates said... [Continue Reading]
International firms evacuate staff and close offices in Gulf amid rising Iran-related threats to US and Israel-linked businesses
In response to escalating threats from Iran targeting US- and Israel-linked economic establishments in the Gulf, several major international banking, finance, and consultancy firms have initiated evacuations of their staff and closures of offices across the region. This move highlights the geopolitical tensions brewing in the Middle East and their impact on global business operations. Reports indicate that groups such as Citi, a prominent American financial institution, and Deloitte, a leading British consultancy, closed their offices in Dubai's financial centre. This follows Iran's warning against threats to its sovereignty and security interests, particularly those associated with US and Israeli interests... [Continue Reading]
‘Convincing’ AI scams drove UK fraud cases to record 444,000 last year
Criminals using artificial intelligence tools to take over mobile, bank and online shopping accounts, says CifasCriminals are increasingly exploiting AI technology to take over people’s mobile, banking and online shopping accounts, the UK’s leading anti-fraud body has warned.Last year, a record number of scams were reported to the national fraud database, fuelled by AI, which allows for large-scale deception on “industrialised” levels, according to Cifas, the fraud prevention organisation. Continue reading... [Continue Reading]
Banking, finance and consultancy firms evacuate staff in Gulf States
Several major international businesses closed or evacuated offices in Gulf countries after Iran threatened US- and Israel-linked economic targets and centres in the Middle East. US finance group Citi and British consultancy Deloitte evacuated offices in Dubai's financial centre, while PwC, another British consultancy, closed offices in Saudi Arabia, Qatar, the UAE and Kuwait. HSBC has closed all branches in Qatar until further notice. [Continue Reading]
British fintech Revolut gets full banking licence
Group lodged application in 2021 but had to overcome accounting issues and reputational concernsRevolut can finally launch as a fully fledged UK bank after a five-year wait for regulatory approval.The fintech said it had received the all-clear from the Prudential Regulation Authority (PRA) for a full banking licence, allowing it to offer accounts for retail and business customers. Continue reading... [Continue Reading]
Iran declares US-Israeli economic, banking interests in region are targets
IRGC releases a list of offices run by top US companies with Israeli links whose technology has been used militarily. [Continue Reading]
Live: Israel and Iran exchange strikes as missile threats escalate
Iran on Wednesday said it will target economic and banking interests in the Middle East region linked to the US and Israel following an attack on an Iranian bank. The Iranian military attacked commercial ships across the Persian Gulf and Dubai's key international airport as the conflict in the oil-rich region escalates amid global energy concerns. Follow our liveblog for the latest updates. [Continue Reading]
Shadows of Fire: The Long Arc of Iran–United States Tensions
A Region on Edge: The Latest Escalation In recent months, tensions between Iran and the United States have intensified once again, fueled by disputes over regional security, nuclear development, maritime incidents in the Persian Gulf, and the broader strategic balance in the Middle East. Officials in Washington have expressed renewed concern over Iran’s uranium enrichment levels, while leaders in Tehran have accused the United States of economic warfare through sanctions and diplomatic isolation. The fragile equilibrium that followed earlier rounds of indirect negotiations appears increasingly strained, with both sides engaging in sharp rhetoric at the United Nations, reinforcing military postures... [Continue Reading]
360LiveNews | 19 Feb 2026 08:49
