Cyber Security

Showing Latest Cyber Security

US leads UK in 3DS2 use for payment authentication

02 Jun 21 @ 09:59

The US is beating the UK in the rollout of the 3D Secure 2 (3DS2) multi-factor authentication protocol, new data from Ravelin shows. 68% of transactions in the US now... read more

Signicat acquires Encap to create digital identity and authentication powerhouse

02 Jun 21 @ 09:00

Signicat has acquired Strong Customer Authentication (SCA) specialist Encap Security from AllClear ID. With Encap’s secure mobile app-based authentication solution, Signicat ensures SCA compliance across the full customer lifecycle. The acquisition... read more

Hacker-powered security: Is your organisation paying bounties?

26 May 21 @ 12:59

This is a time of unprecedented challenges. We face never-before-seen threats in the digital and physical worlds. If this past year has taught us anything, it is this: we need... read more

The new face of fraud is supplementing human-driven fraud

25 May 21 @ 16:04

Human-driven fraud, where malicious humans engage in fraudulent activities, doubled in volume during Q1 2021 over the previous quarter. Technology platforms and Media companies were the worst affected by human-driven... read more

Genesis Market: Over 18,000 new stolen identities added each month

18 May 21 @ 15:16

While many underground markets for stolen credentials operate from the anonymity of the dark web, Genesis Market is accessible from the open web. Access to the illegal marketplace is closely guarded... read more

Payment fraud fears grow – 65% of consumers more concerned about fraud

17 May 21 @ 09:58

As the pandemic drove consumers online en masse to make purchases, consumer anxiety around fraud saw a considerable spike. For the 2021 Fraud Report, Marqeta surveyed 2,000 consumers across the... read more

KYC and the rise of cryptocurrency payments

14 May 21 @ 09:57

What a difference a year makes. Just 18 months ago, leading global bankers were describing cryptocurrencies as “a worse [bubble] than tulip bulbs” – and now Goldman Sachs has launched... read more

The coming crisis in KYC and KYB explained

04 May 21 @ 09:35

A wide range of factors are converging to make Know Your Business (KYB) a major pain point for financial institutions (FIs) in the years ahead. Banks and other FIs must... read more

European Payments Council requests proposal for real-time fraud platform

30 Apr 21 @ 12:23

As part of its strategy for addressing fraud risks in the context of the Single Euro Payments Area (SEPA) payment schemes the European Payments Council (EPC), has elected to develop... read more

The future of the internet, e-commerce and payments

30 Apr 21 @ 11:06

The internet has changed the shape of how we live our modern lives and is an incredible thing, and something that continues to develop and improve year on year. But... read more

E-commerce fraud losses to exceed $20 billion annually

27 Apr 21 @ 13:03

A new study has found that the value of losses due to e-commerce fraud will rise this year, from $17.5 billion in 2020 to over $20 billion by 2021; a... read more

Fileless malware attacks surge by 900% – Ransomware attacks decline

19 Apr 21 @ 17:10

The latest Internet Security Report reveals that fileless malware and cryptominer attack rates grew by nearly 900% and 25% respectively, while unique ransomware payloads plummeted by 48% in 2020 compared... 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