Cyber Security

Showing Latest Cyber Security

Ominous warning for European retailers facing a 350% increase in fraud

25 Nov 21 @ 17:18

As the holiday shopping season hits full stride, e-commerce retailers across Europe face a new era of fraud and malicious attacks spurred by a COVID-inspired transformation in e-commerce and a... read more

Buy Now Pay Later fraud risks set to rise this Black Friday

24 Nov 21 @ 13:18

A significant increase in Buy Now Pay Later (BNPL) transactions expected this Black Friday and Cyber Monday is forecast to put businesses and consumers at heightened risk of falling victim... read more

Current fraud defences aren’t working. Fraud engines need supercharging!

23 Nov 21 @ 16:36

As digital commerce becomes a mainstay of everyday life, better automation in monitoring transactions for fraud is a necessity. Despite the best efforts of our industry, payments fraud continues to... read more

Banking malware threats surging as mobile banking increases

08 Nov 21 @ 12:06

Banking malware threats are sharply increasing as cyber criminals target the rising popularity of mobile banking on smartphones, with plots aimed at stealing personal banking credentials and credit card information.... read more

Hacker advice: Stop trying to keep me out – focus on the data

19 Oct 21 @ 12:39

For more than 20 years, businesses around the world have been hiring hackers. They want us to find exploitable loopholes in their “armour” and break in as far as we... read more

KYC and what it means for FinTechs in Ireland

19 Oct 21 @ 11:28

According to The FinTech Times, the number of FinTechs incorporated in Ireland grew by 30% over the last two years, fuelled by Brexit and Ireland’s growing reputation as a financial... read more

PCM Feature: Is there too much investment in payments?

13 Oct 21 @ 17:02

For more than a decade, the shift to e-commerce and mobile has brought huge amounts of investment into payments. As further fresh investment rounds are announced, PCM asks whether a... read more

UK researchers find hacking flaw in Apple Pay with Visa cards

01 Oct 21 @ 08:37

Researchers from the University of Birmingham and University of Surrey have warned that they were also able to bypass the limit on contactless payment, allowing transactions of any amount. Large unauthorised... read more

Featurespace technology safeguards the processing of 50 billion events globally

29 Sep 21 @ 09:07

Featurespace is experiencing record international growth as the business continues to provide real time fraud prevention in the era of increased online banking and digital payments. So far this year,... read more

BASIS ID unveils Entr, the breakthrough in technology and design to redefine digital KYC and AML service

23 Sep 21 @ 09:35

BASIS ID, an innovative electronic identity verification company, providing KYC and AML solution, along with risk and fraud management services worldwide, is pleased to announce a successful launch of a... read more

North Americans lose $500 million to Covid fraud – Just the beginning…?

20 Sep 21 @ 16:47

Americans have lost nearly $500 million to Covid-related scams since the start of the pandemic, according to Federal Trade Commission data running from April 2020 to mid-July this year. Around... read more

Fraud Report: The top 6 fraud trends in 2021

16 Sep 21 @ 08:40

As we move further into 2021, it’s clear that fraudsters have largely honed in one particular area of attack: digital accounts. This is not surprising, as the transformation taking place... 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