Cyber Security

Showing Latest Cyber Security

Is 2022 the year that Banks finally change for good?

18 Jan 22 @ 15:39

The more things change, the more they stay the same. Looking back at 2021 – which promised to be the year that the industry realised the full potential of data-driven transactions, instant... read more

Stolen credit card darknet marketplace UniCC closes its browser

17 Jan 22 @ 12:11

The administrators of the largest illegal marketplace on the darknet, UniCC, renowned or indeed infamous for stolen credit cards, are retiring after making an estimated $358 million (£260 million). The... read more

2021 a record year for crime linked cryptocurrency wallets

17 Jan 22 @ 11:36

2021 has gone on record as being the year criminals used a record amount of cryptocurrency for illicit purposes, but the overall growth of digital asset markets outstripped the rise... read more

Cloud computing giants under scrutiny from Financial Services regulators

11 Jan 22 @ 10:42

The UK’s Prudential Regulation Authority (PRA), which oversees financial stability, is to take steps to bolster banks on the cloud. Data storage is a systemic vulnerability just like financial risk. The regulator... read more

Infographic: 2022 top trends in payments

07 Jan 22 @ 16:12

In this post we look at the top payment trends for 2022 – 2021 was a year of transition for the payments industry as we moved towards Payments 4.X −... read more

Cyber security and payments – Do we have a code red

06 Jan 22 @ 16:50

Traditional approaches to cyber security in payments aren’t working – and the recent huge rise in hacks and fraud proves it. James Wood says it’s time for a radical shift in... read more

Quantum computing: Practical implications in Payments and Banking

06 Jan 22 @ 12:29

I know, I know, Quantum computing is still nascent, but it’s already sparking a revolution in technology. Funding to quantum tech start-ups soared to record levels in 2021. Media interest... read more

As Christmas comes, it’s clear: we need better tools to fight massive payments fraud

17 Dec 21 @ 12:04

Fraud is going off the scale. PCM outlines how well current solutions are working, and what might work better. Even before the holidays have begun, the signs are not good:... read more

UK’s GCHQ raises fears of China’s digital renminbi project

13 Dec 21 @ 09:40

The UK signals intelligence agency GCHQ has warned that China’s digital renminbi, risks becoming a tool to surveil users and exert control over global currency transactions. In an interview with... read more

The threat that quantum computing poses for FinTech companies

06 Dec 21 @ 16:01

With claims circulating that not one but two quantum computers have already been developed which are 10 million times faster than the most powerful conventional supercomputers and IBM recently announcing... read more

Millions of payment card details found on dark web – USA and Visa hit hardest

02 Dec 21 @ 12:45

New analysis has observed over 4 million (4,481,379) payment card details, belonging to users across 140 countries, being traded on the dark web. The hackers were found selling payment cards information for... read more

The reality of cyber crime in Europe

30 Nov 21 @ 13:11

Are you aware of just how often real-world offences and cyber crimes are committed across Europe and which countries are most affected? TechRobot has carried out research on real-world crime... 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