Cyber Security

Showing Latest Cyber Security

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

Cybersecurity: The scourge of ransomware continues

17 Aug 18 @ 12:05

Ransomware attacks have doubled since last year and become a key cybersecurity threat for organisations globally, warns Verizon’s 2018 Data Breach Investigations Report. Ransomware locks computers or encrypts files and... read more

New figures reveal identity fraud falls for the first time since 2014

14 Aug 18 @ 13:34

Cifas, the UK fraud prevention service, has released new figures showing that identity fraud has fallen for the first time since 2014. Figures show a 5% drop in the first six... read more

Fraud losses rising across Europe – UK see 8% drop in card fraud

06 Aug 18 @ 13:08

Markets across Europe have made significant gains in the fight against card fraud, specifically in France and the UK, which achieved 6% and 8% reductions. Despite this, losses across the... read more

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Visa turns the card into an identity credential

12 May 26 @ 15:44

Visa has launched a new tap-based authentication technology that could reshape how banks verify customers in mobile banking environments. [caption id="atta... more

Banks to reinforce cyber defences as AI changes the threat model

22 Apr 26 @ 19:36

Banks are hardening their cyber defences as artificial intelligence begins to alter the economics of digital attacks. For financial institutions, the challenge ... more

Emerging markets accelerate the shift to cashless payments

30 Apr 26 @ 18:03

Cashless payments are becoming an increasingly important marker of financial modernisation across emerging market and developing economies, with new data from t... more