Cyber Security

Showing Latest Cyber Security

CyberloQ launch proprietary Multi-Factored-Authentication technology

13 Sep 22 @ 08:49

CyberloQ has announced a strategic collaboration for its proprietary Multi-Factored-Authentication (MFA) technology with Pannovate’s Banking Orchestration Platform. CyberloQ has created what it believes is the most robust, flexible and dynamic... read more

Online fraud fears grow following ‘cost-of-living crisis’

06 Sep 22 @ 16:00

Nearly half (49%) of UK consumers are more concerned about becoming a victim of fraud now than they were in 2021. That’s according to research released by Paysafe, which indicates... read more

Nordic and Australian banks back digital identity roll outs

02 Sep 22 @ 11:13

Just days after a report showed the publics overwhelming support of the UK’s Digital Identity and Attributes Trust Framework (DIATF), the National Australian Bank and the Findynet Cooperative, which includes... read more

UK public supports government plans to create the UK Digital Identity

30 Aug 22 @ 18:10

A new report has found that the UK public strongly supports government plans to create the UK Digital Identity and Attributes Trust Framework (DIATF), with 87% stating it was a... read more

Crypto crime update: Illicit activity falls

22 Aug 22 @ 13:53

2022 has been a tumultuous year for cryptocurrency markets, with significant price declines across all currencies in May and June. While there’s no telling if we’ve reached the bottom, as... read more

Why merchants don’t need to buy fraud insurance to cover everything

22 Aug 22 @ 10:58

The discipline of fraud prevention has changed dramatically over the past five years and continues to evolve rapidly. Consequently, former truths about fraud prevention are increasingly becoming outdated myths. In... read more

The top 5 ransomware statistics from the last year

19 Aug 22 @ 14:08

Cybercriminal gangs launch ransomware attacks to encrypt businesses’ sensitive data and get paid a significant ransom. Sometimes hackers even use a method called double extortion. They threaten the organization to... read more

The new Open Banking era needs better, smarter KYC

17 Aug 22 @ 09:00

In a new white paper, transaction security specialists Ondato explain why the rapid development of Open Banking across Europe means banks, merchants and PSPs must turn to smarter, joined-up KYC... read more

Cybercrime and how attackers target the Metaverse

10 Aug 22 @ 12:32

The metaverse is the growing digital realm that uses augmented reality, virtual reality, blockchain, social media, and a host of other technologies to create a vast virtual world. Companies looking... read more

US sanctions Tornado Cash over systematic money laundering

09 Aug 22 @ 10:29

The US has imposed sanctions on Tornado Cash, a crypto “mixing service” that they say has laundered more than $7 billion over the past three years and helped North Korean... read more

Financial firms see huge rise in cryptojacking

05 Aug 22 @ 10:28

Cybersecurity firm SonicWall has released new data that shows that hackers are increasingly targeting financial firms such as banks and trading houses with cryptojacking attacks designed to use their computer... read more

Radical change in payments requires a KYC revolution

03 Aug 22 @ 14:59

A new white paper from Ondato argues the massive changes we’re seeing in the way people pay need to be matched by changes in the way we authenticate, onboard and verify... read more

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UK fraud losses reach four-year high

16 Jun 26 @ 18:17

Financial fraud losses in the UK climbed to their highest level in four years during 2025, highlighting the growing sophistication of criminal networks and rais... more

Visa and Mastercard move to end two-decade swipe fee battle

11 Jun 26 @ 16:00

A landmark legal battle that has shaped the economics of card payments in the United States for more than twenty years has taken another significant step toward... more

Visa announces €500 Million European Investment Signals Strategic Response to Payments Sovereignty Push

31 May 26 @ 12:59

The debate around European payments sovereignty has intensified significantly over the past two years. Policymakers, regulators and financial institutions acros... more