Cyber Security

Showing Latest Cyber Security

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

Ransomware volume already doubled 2021 total by end of Q1 2022

04 Jul 22 @ 12:28

Ransomware detections in Q1 of this year doubled the total volume reported for 2021, according to the latest quarterly Internet Security Report from the WatchGuard Threat Lab. Researchers also found... read more

Cost of Bots report – are we winning the war on bots?

29 Jun 22 @ 12:56

In 2021, Netacea published its Cost of Bots report. We already knew bots were a nuisance to both businesses and their customers—buying up stock, sniping auctions, scraping con and so... read more

UK Finance fraud report: Criminal gangs steal £1.3 billion

29 Jun 22 @ 12:33

UK Finance has released its latest fraud report covering 2021. The report shows the scale of fraud taking place as well as how criminals took advantage of people’s doubts and... read more

Business Payments Barometer – Fraud soars in cashless economy

27 Jun 22 @ 09:46

Bottomline has revealed that the shift to hybrid working has left businesses seriously exposed to insider fraud[1], with over half of businesses (52% in GB and 63% in the US)... read more

Fraud and cyber-threats keep rising – is AI the answer?

22 Jun 22 @ 13:21

As fraud attempts and cyber-security incidents continue to rise, more and better Artificial Intelligence (AI) solutions are being touted as the solution. But does AI deliver on its promise? Two... read more

The rising issue surrounding mobile app fraud

15 Jun 22 @ 17:24

The world is going mobile. And so too is Fraud. Global smartphone ownership rose sharply from 49% in 2016 to 83% in 2022, equating to 6.64 billion people owning a... read more

Seniors can’t get no satisfaction from today’s digital wallets

01 Jun 22 @ 12:49

A new white paper from Netcetera says banks should be doing more to adapt and extend their digital wallet offering to those over 65 as cash use declines and commerce goes... read more

It’s time for banks to bring their “A” game to customer chat

25 May 22 @ 14:28

As the digital revolution has gathered pace over the last decade, banks have increasingly switched to a digital service model, with the latest research[1] suggesting two-thirds of Europeans are now... read more

Fraud Insights Report: Identifying emerging threat patterns

19 May 22 @ 14:39

The 2022 NICE Actimize Fraud Insights Report identifies and analyses the leading fraud threats and patterns that impacted leading global financial institutions in 2021. Noting that banking fraud continues to... read more

Inside Conti: the largest organised cybercrime group that got hacked

28 Apr 22 @ 17:12

If you have been following the cybercrime landscape for the past year or so, you may have read about the Conti ransomware group – one of the largest organised crime... read more

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Mastercard and BVNK Launch Platform Linking Fiat and Stablecoin Payments

20 Oct 26 @ 09:06

Mastercard has launched a new platform with BVNK that brings fiat currencies and stablecoins together through a single API, marking the first major integration ... more

Starling Builds UK-Sovereign AI Model With Nvidia and Civo

15 Oct 26 @ 19:41

Starling is developing a transactional foundation model with Nvidia that will be trained and hosted entirely within a UK sovereign cloud, as the digital bank lo... more

UK Moves to Open iPhone Contactless Payments to Apple Pay Rivals

22 Oct 26 @ 18:16

The UK’s competition regulator has set out proposals that could significantly widen access to contactless payments on Apple’s iPhone, potentially lowering b... more