Cyber Security

Showing Latest Cyber Security

26% of UK consumers directly affected by identity theft

15 Apr 19 @ 11:38

According to new research commissioned by LegalShield, over a quarter of UK consumers (26%) have been directly affected by identity theft, including a company breach, whilst 17% know family members... read more

Round-up: Financial crime in focus

10 Apr 19 @ 10:11

Newton’s Cradle (a highly favoured executive toy) was a common sound in offices for many years. If you cast your mind back to your schooldays you’ll no doubt remember that... read more

Biometrics and fraud: You’re one in 7 billion

03 Apr 19 @ 11:50

The biometrics market as a whole has grown substantially in recent years due in part to accuracy improvements in the algorithms used to support voice biometric authentication as well as... read more

Fraud Report: losses on UK-issued cards totalled £671.4 million in 2018

22 Mar 19 @ 16:35

Fraud losses on UK-issued cards totalled £671.4 million in 2018, a 19% increase from £565.4 million in 2017. At the same time, total spending on all debit and credit cards... read more

FIN7 gyber gang: Inside Astra Panel and SQLRat Malware

21 Mar 19 @ 09:57

Despite the arrests of three prominent members of the FIN7 cybercrime gang beginning in January 2018, attacks targeting businesses and customer payment card information did not cease. The latest evidence involves the... read more

The global state of online digital trust – a warning from consumers

14 Mar 19 @ 16:40

Amidst a continuous stream of headlines around digital trust and about major data breaches in enterprise and government agencies, the degree to which consumers have placed their trust in organisations... read more

Cybercrime report: The rise of the mobile bot

07 Mar 19 @ 13:01

According to a new cybercrime report, news has recently emerged of the first machine learning generated fingerprints. According to Wired.com, a group of computer scientists from New York University’s engineering... read more

Video: The future of banking and what’s really important to the customer

01 Mar 19 @ 13:00

Transformation of some sort is taking place in almost every part of the financial services sector but what does this really mean for the future of banking, and most importantly... read more

An ID-eal position: Banks and trusted digital identity

01 Mar 19 @ 09:24

The rapid pace of digital transformation has left many industries scrambling to find secure, convenient ways of establishing identity for digital services. The digital identity ecosystem has become fragmented and... read more

Fraudsters turn to Telegram Bots for cybercrime automation

13 Feb 19 @ 13:30

As part of the mobile and social media revolution, the Telegram messaging app has experienced significant growth, adding 350,000 new users daily. The platform has been widely adopted globally and... read more

Bangladesh Bank files lawsuit in partnership with New York Federal Reserve and SWIFT

12 Feb 19 @ 13:35

Back in 2016, The Bangladesh Bank suffered a massive cyber heist. Now, the bank has filed a lawsuit in New York federal court to recover the lost $81 million. The... read more

Report: 12 trends reshaping digital banking in 2019

01 Feb 19 @ 14:45

The current pace of change in banking dwarfs any former precedent. And the future of digital banking will match the fastest evolutionary pace ever recorded. A visible shift in the... read more

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Global Banks set ground rules for Agentic Commerce as Fraud and Liability risks rise

27 Sep 26 @ 18:53

Six major banks have joined forces to establish principles for trusted agentic commerce, warning that the rapid adoption of AI shopping agents could outpace exi... more

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

UK Banks complete first live transactions using Tokenised Deposits

27 Sep 26 @ 18:52

Seven major UK financial institutions have completed the first live customer transactions using tokenised sterling deposits, marking an important step in Britai... more