Cyber Security

Showing Latest Cyber Security

Cryptocurrency exchange Zaif loses $60 million to hackers

20 Sep 18 @ 14:11

In yet another blow to the burgeoning cryptocurrency market, it has been reported that Zaif, a Japanese digital currency exchange, has had $60 million stolen. Tech Bureau, the operator of Zaif... read more

Infographic: The industries falling victim to Data Breaches

18 Sep 18 @ 15:09

Data breaches are plaguing all industries globally, but some are more affected than others. This infographic looks at some of the differences, including how attractive payments-related data is to criminals... read more

Mobile fraud reaches 150 million global attacks in H1 2018 attack rising 24%

14 Sep 18 @ 10:00

In a new infographic looking at mobile fraud we can see: 58% of digital transactions now originate from mobile devices Mobile attacks are increasing, with one third of all fraud... read more

botnet activity in H1 2018: Multifunctional bots becoming more widespread

05 Sep 18 @ 14:26

Kaspersky Lab researchers have published a report on botnet activity in the first half of 2018, analysing more than 150 malware families and their modifications circulating through 600,000 botnets around... read more

MagentoCore card skimmer discovered on thousands of e-commerce sites

04 Sep 18 @ 17:03

In the last months it has been reported that 7,339 (and counting) individual e-commerce sites have been infested with the MagentoCore card skimmer malware in the last six months, making... read more

Why Synthetic identity fraud on the rise – The battle is just beginning

30 Aug 18 @ 14:53

Synthetic identity fraud is on the rise in 2018. Sophisticated crime rings have access to never-before-seen numbers of compromised records, and they know that most fraud prevention software is fooled... read more

Risk-Based Authentication: How to secure frictionless e-commerce payments

30 Aug 18 @ 14:23

In 2018, banks and retailers are dealing with a new breed of customer: one that expects a fast, seamless online payment experience. When it comes to e-commerce, however, user experience... read more

Cashing out: How to be successful in the cyber crime economy

29 Aug 18 @ 08:46

For the modern cyber criminal, turning virtual cash into real money without being caught is a the biggest problem in the cyber crime economy. The thieves often have to get... read more

Mobile banking Trojans hit all time high in 2018

28 Aug 18 @ 16:19

Mobile banking Trojans hit the list of cyber-headaches in Q2 2018. The number of installation packages for mobile banking – modifications which help attackers avoid detection by security solutions and... read more

Are you being tracked: Behavioural biometrics being implemented by banks to reduce fraud

20 Aug 18 @ 09:32

When you’re browsing a website and the mouse cursor disappears, it might be a computer glitch — or it might be a deliberate behavioural biometrics test to find out who... read more

Banking and Payments industries warned over ATM Cashout cyberheist

20 Aug 18 @ 09:00

The FBI has been warning banks about an imminent ATM cashout scheme about to unfold across the globe, thanks to a data breach at an unknown financial institution. On Aug. 14, a... read more

Strong Customer Authentication rules agreed for Europe

17 Aug 18 @ 12:14

It was a long gestation and difficult birth but Europe finally has new requirements for strong customer authentication. They will apply across the region from 14 September 2019, bringing much-needed... 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