Cyber Security

Showing Latest Cyber Security

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

Data shows chargebacks risk increasing as digital payments rise

09 Sep 21 @ 13:01

The global adoption of digital transactions exposed more businesses than ever to the ups and downs of e-commerce. Accepting more payment methods means businesses can better compete and cater to... read more

The case for crypto platforms – Regulation for survival?

03 Sep 21 @ 09:47

Is it fair to say that cryptocurrency and crypto platforms in general have been talked about a lot? What about regulation of crypto platforms? Probably also a headline grabber, but... read more

Crypto in Switzerland: bringing Swiss tradition to cryptocurrencies

31 Aug 21 @ 12:35

For centuries, elites across Europe and the world have flocked to Swiss banking as a safe haven for their assets. With the digital revolution continuing and cryptocurrencies gathering momentum, Switzerland... read more

Ransomware attacks surge by over 150% in 2021

23 Aug 21 @ 14:13

Businesses and people around the world suffer ransomware attacks every day. Exceptionally since the pandemic started, we hear more and more about hackers abusing vulnerabilities. According to the data presented... read more

Bank of America sets record for patents granted during H1 2021

20 Aug 21 @ 13:00

Bank of America has recorded the most patents granted in H1 of any year in the company’s history. The U.S. Patent Office (USPTO) granted the bank 227 patents during H1... read more

Beating financial crime: Commission overhauls anti-money laundering and terrorism rules

12 Aug 21 @ 11:55

The European Commission has presented an ambitious package of legislative proposals to strengthen the EU’s anti-money laundering and countering terrorism financing (AML/CFT) rules. The package also includes the proposal for... read more

Payments sector keeps top spot for FinTech investment in record H1 2021

11 Aug 21 @ 11:07

Overall global FinTech funding across M&A, PE, and VC deals soared to a new high in H1 2021, according to KPMG’s Pulse of FinTech, a bi-annual report on FinTech investment... read more

Fraud Report: Massive increase in Brand Abuse cyber attacks

25 Jun 21 @ 09:08

Global e-commerce spending grew 28% annually to $4.2 trillion in 2020, paving the way for more fraudulent behaviour and more sophistication in attack types like Brand Abuse. Backing this insight... read more

European Fraud Map – UK winning card fraud loss battle

22 Jun 21 @ 15:55

2020 was an incredibly challenging year across the globe, with a rapidly changing mix of customer demands, a volatile staffing and servicing model, and a need to drive transformation quicker... read more

Ransomware and hacking now bigger threat to UK businesses than hostile states

17 Jun 21 @ 09:39

Cyber criminals carrying out ransomware attacks are now a bigger risk to UK national security  and businesses than online espionage by hostile states, Britain’s cyber defence chief has warned. Lindy... 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