Ukraine uncovers ring that hacked banks in US, Europe

first_imgKYIV, Ukraine (AP) — Ukrainian authorities say they have uncovered a group of hackers who stole data from banks in the United States and several European countries causing damage of $2.5 billion. The prosecutor-general’s office said the hackers were based in Kharkiv, Ukraine’s second-largest city. In a statement on Wednesday, it said the hackers stole passwords and payment data from private and state banks in the US, the Netherlands, Austria, Germany, the United Kingdom, Switzerland and Lithuania. It did not name the banks or give other details, including whether any suspects had been arrested. Ukraine cooperated with U.S. police and Europol.last_img

​Towers Watson Germany hires Deutsche Bank veteran as head of consulting

first_imgReiner Schwinger, managing director at Towers Watson, said he was pleased by Schmidt-Narischkin’s joining the company.“He will put his many years of experience in client and provider-facing roles to good use, developing further tailored holistic products and services for Towers Watson,” he said.Deutsche said it had not yet appointed a replacement, but that Schmidt-Narischkin’s duties would be assumed by Alexander Preininger, global co-head of client solutions, in the interim. Towers Watson Germany has named Nikolaus Schmidt-Narischkin as its new director of consulting services.Schmidt-Narischkin, who in his new role will work to grow the consultancy’s presence in the German market, joined Deutsche Bank’s corporate banking business in 1990.In 2004, he was named head of DB Advisors’ pension solutions division, substantially growing the business in his time.Since 2008, he has been a board member at Deutsche Asset Management and, most recently, was head of EMEA client solutions at Deutsche Asset & Wealth Management – the new asset management business formed by the bank after the sale of several of its companies fell through. last_img read more